2023 AUSTRIA BENEFITS SUMMARY
Employees are eligible for most benefits programs on the first day of employment.

Public holidays: Employees are entitled to 13 paid public holidays per year.
Vacation: Full-time employees are entitled to 30 days of vacation for a five-days-working week per vacation year(= 6 weeks) up to and over 25 years of service.
14 installments / year (statutory): The 13th and 14th months’ payments are paid in June and November. For both
payments, pro rata computation may apply in first year of employment.
Retirement (including survivor’s pension): Employee are eligible to join the onsemi Retirement Plan after he/she
has successfully completed 3 months of service. Contributions amount to 3,5% for salary up to social security ceilingand 5,5% for the portion of salary above the social security ceiling and are fully funded by the employer. The annual
social security ceiling amounts to 79.380 € per year (for calendar year 2022). The pensionable salary is base salaryplus commission or corporate bonus payouts.
Life and Accidental Death & Disability:
onsemi provides a group accident insurance and a life insurance plan. The coverage is based on theemployee’s base salary and premiums are paid by onsemi. However, premiums paid are a taxable benefit
for the employee.
Accidental Death and Disability▪ In case of occupational or non-occupational accident:▪ Lump sum of 2 x annual base salary payable in the event of accidental death▪ Lump sum of 4 x annual base salary payable in case of accidental permanent disability(100%)▪ In case the accident occurs during a business trip (corporate policy):▪ Lump sum of 3 x salary payable in the event of accidental death (limit 1,000,000$)▪ Lump sum between 25% & 100% of the lump sum paid out in case of accidental death,in the event of accidental permanent disabilityLife insurance: lump sum benefit of 2 x annual base salary.
Global Incentive Programs / Benefits:▪ Science & Technology publications program▪ Patent recognition program▪ Corporate Incentive Plan: Non-Sales employees are eligible to the corporate bonus program. The target
payout is a percentage of the base salary and linked to the pay grade.
▪ Sales Incentive Plan: Sales employees with commercial targets are eligible to commission. The target
payout is a percentage of the total target compensation.
▪ Restricted Stock Units (RSU’s): A stock grant is a promise to award actual stock at some point in thefuture, subject to certain requirements (time restrictions). There is no purchase involved. Only exempt
salaried employees are eligible (salary grade 12 and above).

EMEA policies:▪ Employee Referral Program Bonus: The program pays a bonus to employees who make a referral to asuitable candidate that leads to a successful hire.
▪

Company car: The employees with a salary grade 15 and above are eligible to a company car or carallowance.
Sales employees in the following positions are eligible as well: field application engineers, field salesengineers, field application system engineers, sales account managers, global account managers, sales
directors and VP sales.
The lease budget is available in the EMEA car policy. Employees with a company car are entitled to a fuelcard. The fuel card can only be used in Austria and the surrounding countries. Employees who are eligible
for a company car have the choice between company car or car allowance.