- United States
- United Kingdom
- United Arab Emirates
- All Employees
- Full Time
Which benefits does GlobalFoundries provide?
Current and former employees report that GlobalFoundries provides the following benefits. It may not be complete.
Insurance, Health & Wellness
Employee Benefit Reviews
Showing 1–10 of 286 comments
- Health Insurance(81 comments)
‘No complaints with health insurance, coverage cost deduction from payroll is a fair price considering the volume of coverage with a big company (MVP)’
- 401K Plan(73 comments)
‘The company matches up to 7%’
- Vacation & Paid Time Off(50 comments)
‘1-5 years accumulate roughly 10hrs of vacation per month, with 8 & 10 year employment, it increases between ~12-10hrs. Employees are required to spend 80hrs/yr and can accumulate up to 150hrs. There needs to be a 1 week in advance notice, and usually there's no issue granting vacation if it doesn't conflict with someone you share common roles with.’
Fair cost, excellent coverage and ability to make customizations for family etc. for health insurance, dental, vision. 401k matches up to 7%, a newer addition has been the opportunity for stock investment with company recently going public- GF matched up to 10% and gave 50 stocks for initial commitment.
Health insurance and 401k and stock options
Standard 401k match to 3%. Free first 50 stocks if you enroll in their stock program. Heavily discounted stocks available to purchase every 6 months if you choose.
3.5 percent 401(k) company match
Generous employer paid portion of health, vision, dental insurances.
Employee stock purchase program is good.
Benefits options are plentiful and very good price
10% bonus for MTS position
The location is good and the teams are great for both modules and integrations.
The benefits are about average. There's stock options and ESPP however, for the lower level employees, they don't get very much.