Benefits

 
Benefits for you and your family
Benefits for you and your family
Benefits for you and your family

BENEFITS FOR YOU AND YOUR FAMILY

It's no secret that NVIDIA employees work hard developing the world's best 3D technology. In turn, NVIDIA works hard to deliver a comprehensive benefits package. We provide not only the basics - health care coverage, life and disability protection, pre-tax savings opportunities, etc. -- but we also offer many "extras" that you may not find at other employers. What really sets the NVIDIA Benefits Program apart is our willingness to listen to employee suggestions, try new things, and go above and beyond the "norm" to see how we can best support our employees (and their family members) as they strive to balance their personal and professional lives.

HEALTH CARE BENEFITS

NVIDIA values the health and well-being of our employees, and offers comprehensive health care coverage to all eligible employees. This coverage includes:

  • Medical, Dental and Vision

NVIDIA also offers coverage for your dependents (spouse or partner and/or children or domestic partner's children).

Two Cigna Medical plan options are available throughout the U.S. and include:
  • Cigna Platinum OAP
    This Plan allows participants to obtain care from any provider, with increased benefits when Cigna HealthCare providers are used. There is no need to choose a primary care physician or obtain a referral to a specialist.
  • Cigna Select OAP
    This Plan, too, allows participants to obtain care from any provider and provides even greater network benefits when Cigna Healthcare providers are used. Lower benefit levels are paid for non-network providers.

Kaiser Permanente is a third option available to employees in California and Oregon:

  • Kaiser Permanente HMO
    Individuals who enroll in Kaiser really have it easy - just be sure to visit a Kaiser facility - no decisions, no claim forms, no hassle.  

Group Health Alliant Select HMO is a third option available to employees in Washington.

Individuals who enroll in Group Health enjoy the same hassle free options and services available to HMO participants.

Blue Cross Blue Shield of Alabama PPO is available to employees in Alabama

  • This plan provides comprehensive coverage and allows participants to obtain care from in or out-of-network providers.

All of the Plans provide comprehensive coverage and enable you to access routine care (doctor's visits, well-baby checkups, etc.). The Plans also provide benefits for prescription drugs, and cover chiropractic and acupuncture care.  

Dental coverage is provided through MetLife Dental and includes benefits for preventive dental care (at no cost to you). Major care and orthodontia services are also covered, with the Plan paying from 50% to 90% of the cost, depending on the type of service you obtain and the provider you use.  

You can obtain an annual eye exam and prescription lenses, for just a $10 co-payment under NVIDIA's Vision Plan, provided through VSP. Frames are available every 24 months. (Or you may choose contact lenses in lieu of lenses and frames.) The Vision Plan also allows you to obtain a pair of eyeglasses specifically for computer work.  

To Summarize...  

NVIDIA pays for the majority of the cost of your health care coverage. The Plans are designed to help you take good care of yourself and your family members - by offering preventive care benefits at little or no cost to you - while providing the financial protection you need in the event you require more major care.

Don't Need Health Care Coverage? If you don't need health care coverage under the NVIDIA program because you have coverage elsewhere - for example, you are covered (or can be covered) under your spouse's employer's plan - you can decline health care coverage and receive a cash rebate.  

SURVIVOR & DISABILITY BENEFITS

NVIDIA doesn't want you to worry about your family if you become seriously ill or injured. That's why the Company provides:

  • Life Insurance equal to 2.5 times your salary, up to plan maximums
  • Accidental Death & Dismemberment (AD&D) Insurance also equal to 2.5 times your salary, to plan maximums
  • Business Travel Accident (BTA) Insurance up to $500,000
  • Short-Term Disability (STD) and Long-Term Disability (LTD) coverage equal to 60 - 66 2/3 of your salary, up to plan maximums

...all at no cost to you. 

FINANCIAL BENEFITS

We can all use more money! Look no further than the NVIDIA Benefits Program. By participating in any of these programs, NVIDIA employees can reduce their taxes - and that's just like getting free money, isn't it?  

Pre-Tax Premiums: If your health care coverage decisions require you to make a premium contribution, those contributions would be deducted from your pay on a pre-tax basis. That means the actual cost is less than the scheduled contribution amount. (In most cases, and due to IRS regulations, contributions made for coverage of a domestic partner or a partner’s children, may not be deducted pre-tax.)  

401(k) Retirement Plan: Through this Plan, you may set aside, on either a pre-tax “Traditional” or post-tax ”Roth” basis, up to 80% of your salary (to the IRS annual limit.) Pre-tax contributions and earnings accumulate on a tax-deferred basis and Roth contributions and earnings can be tax free upon retirement (if IRS time requirements are met before distribution.) This plan is a great way to save and invest for your own future. For 2013, NVIDIA will also match dollar for dollar on the first $1500 you contribute during the calendar year. 

529 College Savings Plan: Through this Plan, you may contribute up to $11,000 per year, for a total of $330,690 per child or beneficiary, to be used for tuition, room and board, books, fees, supplies and equipment at any accredited college, university or graduate school. All contributions are post-tax monies, and your contributions grow tax deferred. As the account owner, you retain control over the assets.

Flexible Spending Accounts (FSAs): NVIDIA's FSAs allow you to pay for certain eligible health care and/or dependent day care expenses with tax-free money. You can set aside up to $2,500 to the Health Care FSA and a maximum of $5,000 to the Dependent Care FSA, each year, depending on your marital and tax-filing status. Pay for your expenses with your Spending Account Card and avoid having to submit receipts!  

Employee Stock Purchase Plan (ESPP): The ESPP allows you to purchase shares of NVIDIA common stock at a 15% discount!  

TIME OFF BENEFITS  

Working hard is the NVIDIA way. At the same time, the Company recognizes that everyone needs to take time off now and again, whether you need to relax and rejuvenate, recuperate from an illness or injury, or attend to personal business.   Of course, everyone's needs are different. That's why the NVIDIA time off benefits are flexible.  

Hourly employees accrue 15 days of paid vacation during their first year of employment, subject to the terms of NVIDIA’s Paid Time-off Policy. With each year of service thereafter, employee’s accrual rate will increase one day per year to a maximum of 20 days per year.

Salaried employees do not accrue vacation time, but instead have the flexibility to take time off with pay at their discretion, subject to manager approval, fulfillment of performance expectations, and the terms of the Professional Time Off Policy for U.S. Salaried Exempt Employees.

Holidays: Each year, NVIDIA observes eleven fixed holidays.

Leaves of Absence: NVIDIA adheres to all federal and state laws in providing various types of leaves. The Company also enables employees to take unpaid personal leaves of up to 90 days and bereavement leave of up to ten days.  

OTHER BENEFITS

To help you balance the demands placed on you at work and in your personal life, NVIDIA offers a variety of other benefits.  

NVIDIA provides its employees with personal support through the Employee Assistance Program (EAP). The EAP provides you and your dependents with five free confidential counseling visits, per incident, per year.  

Through NVIDIA's Supplemental Life Insurance Plan, you may obtain additional life insurance coverage for yourself and/or life insurance coverage for your spouse or children.

The Hyatt Legal MetLaw Plan offers easy access to qualified attorneys at an affordable price. Plan services can be accessed via telephone, in-office or on-line.

NVIDIA offers Voluntary Insurance Coverage for Critical Illness, Auto and Home, and Veterinary pet insurance to help cover unexpected expenses. Employees have the ease of paying for the coverage via payroll deductions.

NVIDIA knows that educating your child can be a very stressful and time-consuming task for you and your whole family. To help with this, NVIDIA has partnered with College Coach, an organization with an expertise in assisting employees and their families through important educational challenges.

NVIDIA offers the Stanford Health Navigator service to all employees and their families to provide support and resources when you have important health care needs.

To encourage employees to help us find other talented people like themselves, NVIDIA sponsors an Employee Referral Program.  Employees who present qualified candidates that are hired by NVIDIA, and work for a minimum of 90 days, receive a $2,500 bonus.

And because having an impact in the community is an important element of NVIDIA’s culture, we offer dollar matching programs for employee donations to charity, and incentivize people to participate with other employees in charitable events such as walkathons and marathons.

What really sets NVIDIA apart are the many other benefits and services provided. For example, we offer:

  • Subsidized cafe at our Santa Clara facility for evening meals.
  • Discounts and special promotions with AT&T, T-Mobile, Dell, Toshiba, Apple, Alienware, Microsoft, etc.
  • Laundry and dry cleaning pick-up and delivery services.
  • Credit Union membership with MeriWest and Membership Banking through Wells Fargo.
  • Pre-tax transit assistance benefits.
  • On-site Dental which offers full service general dentistry.
  • MyDetailer.com which provides Santa Clara employees with quality on-site car care services.
  • On-site Chair Massages are available weekly.
  • Even On-site Haircuts!

Listing all of NVIDIA's "other benefits" isn't easy because things are always changing as the Company seeks to continue delivering the highest quality of benefits to our employees. 

Want More Information?  

If you're currently exploring job opportunities with NVIDIA, and have questions or would like more information about NVIDIA's Benefit Programs, contact the recruiter or hiring manager with whom you are discussing your job opportunity.



 
 
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