Paramit Values and Culture
Paramit’s mission is to establish strong, long-term business relationships with our customers through consistent performance, superior technical support, exceptional customer service and ongoing development of customer solutions that simplify outsourcing complexity. Paramit provides fully integrated manufacturing and test services to leading OEMs in the semiconductor, telecommunications, networking, medical, industrial controls, RF, and other high-technology industries.
We hold ourselves to the highest possible standards:
· Technical Excellence
· Innovative
· Trust
· Teamwork
Paramit culture is centered on building a company that adds long-term value and relationship to our employees, customers, and investors. Our culture is based on professionalism, pride, and teamwork. The company is committed to supporting employees to do their best. Senior managers see themselves as being here to provide support to the company and its employees. Managers listen to employees, who have great latitude to make a difference—in work processes, in organizational structure, in impacting the company’s productivity and effectiveness.
Work-to-life balance is also valued highly. An onsite recreation room and flexible work schedules allow employees to integrate their life and work more fully.
Environment
We share responsibility for fostering a positive work environment that promotes open communication, team commitment, focus and execution. There is a real appreciation for good work, and a valuing of opinion and advice. Throughout the company, employees are empowered to give "Spirit of Paramit Award" including monetary bonuses, in acknowledgment of extraordinary efforts, achievements, or actions on the part of employees at every level. The company offers Employee Stock Ownership Program (ESOP) at no cost to all eligible employees. Each and every one of us at Paramit is a proud owner of our Company, our accomplishment, our growth, and our continued success.
Community
The company demonstrates its commitment to community and to education through a variety of programs that employees appreciate. Paramit is proudly supporting the Depot Homes, Learning and Loving, Go Kids, and low income families. The company also provides scholarship programs for local high schools,
Paramit participates in the Bay Area "Second Harvest" food drive, and the Family Giving Tree project, whereby employees fulfill holiday gift requests from needy children. Paramit is also an annual sponsor of the Adopt-A-Highway project.
Compensation/Benefits
Paramit provides a comprehensive and competitive benefits package designed to meet the varying needs of our employees. These benefits are an integral part of our total rewards package providing employees and their eligible dependents valuable protection and financial options. Our benefits package includes the following:
Medical
We offer our Employees and their eligible dependants a choice between Blue Cross HMO and PPO or Kaiser Permanente.
Dental
Employees and their eligible dependant can choose between Aetna PPO and Aetna DMO.
Vision
We offer our employees vision plan through VSP.
Life Insurance and Accident Death Insurance
This benefit is available to all eligible employees at no cost.
Voluntary Life Insurance
We offer Supplemental life insurance for employees, spouses and child (ren).
Long Term Disability
We provide disability insurance for employees who become disable due to an injury. Paramit pays 100% of the premium.
Employee Assistance Program
Free confidential counseling and referral services. Up to 5 face-to-face confidential sessions per year with a counselor, financial planner and or/legal advisor available to employees and dependants.
Travel Assistance Program
Program offers Pre-trip information, emergency medical assistance and emergency personal services. Toll-free emergency assistance is available to employees and dependants.
Employee Stock Ownership Plan
Tuition Reimbursement Program
The Tuition Reimbursement Program is designed to aid employees in the pursuit of work-related courses or course work toward a work-related degree.
401(K) Program
Paramit offer an attractive matching plan.
Flexible Spending Accounts
· Health Care Reimbursement FSA
Employees may use this account to be reimbursed for eligible out-of-pocket health expenses not covered by their health care plan. Employees may allocate up to $5,000 each year to this account annually.
· Dependent Care FSA
Employees use pre-tax dollars toward qualified dependent care such as caring for children under the age 13 or caring for elders. Employee may allocate up to $5,000 per calendar year.
Vacation
We offer 2 weeks (80 hours) vacation on the first year plus one week (40 hours) of personal time off.
Holidays
Employees received for a total of (10) paid holidays.