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National Semiconductor provides employees with competitive pay and benefits in the regions in which we operate. We are committed to delivering compensation in alignment with individual, team and company performance results. We believe in providing employees with the opportunity to share in the company's achievement through success sharing bonuses and incentive pay programs.
Compensation and Benefits
National's "pay for performance" philosophy is based on the following:
- We are committed to driving shareholder value by attracting, retaining and effectively rewarding talented employees.
- We are committed to continually raising the performance bar for the company, group and individual.
- We are committed to creating higher leverage and incentive upside opportunities for all employees.
- We believe in exceptional reward for exceptional performance.
- Employees share in the success of the company on the basis of their performance contribution.
National compensation packages offer an array of benefits designed to meet the short- and long-term needs of our employees and their families, and to ensure an effective work-life balance such as:
- Health Care Plans
- Dental Plans
- Disability Plans
- Life Insurance Plans
- Retirement & Savings Plans
- International Pension Plans
- Vacation
- Holidays
- Sick Pay
- Stock Purchase Plans and
- Stock Option Plans for those individuals who can significantly impact the company
We maintain our total compensation structure on a regional basis to remain competitive within our industry and in keeping with local regulations. We regularly participate in local and regional benchmarking activities to maintain this position.
Service Awards
We are proud of the fact that National employees are dedicated for the longer term. We acknowledge this long-term service to the company through a service award program.
Innovation Awards
In support of our analog technology leadership initiative, we provide awards to our key technologists to encourage and recognize new product innovation and product definition.
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