Benefits Overview
Our approach to pay and benefits is based on the simple principle that our people are our most valuable asset. When they succeed, we succeed. It’s that simple. The list below summarizes key benefits available in the US and other countries:
US Employees
- Medical coverage through choice of Preferred Provider Organizations
- Dental coverage
- US Flexible Spending Accounts for medical and dependent expenses
- Competitive paid time off and holidays
- Axcelis 401 (k) with employer match
- Employee Stock Purchase Plan
- Short term and long term disability programs
- Company-paid employee life and AD&D insurance with option to buy up coverage and buy dependent life insurance
- Employee recognition programs
- Flexible work schedule for select positions
Non-US Employees
Germany, France, Italy, Israel, Korea, Singapore, Malaysia, China, Taiwan, and Japan
- Competitive and mandated health coverage
- Competitive paid time off and holidays
- Competitive and mandated retirement programs by country
- Employee Stock Purchase Plan
- Employee recognition programs
- Other locally competitive/mandated benefit offerings
This overview is intended to provide a summary of the Axcelis Benefits Program and does not cover all the details of our various plans. The plans described here, in some cases, are governed by much more detailed plan documents. If there is a difference between what is contained here and the plan documents, the plan documents will rule. Nothing contained here is intended to create or imply a contract of employment.
The company also reserves the right to change or modify its benefits program at any time for any reason.
