Every employee receives a grant of Cypress shares at the beginning of employment. This grant enables an employee to purchase Cypress shares at a future date for a price fixed at the time of employment by the Board of Directors. After the first year, shares are available monthly on the hire date until all shares are vested. Cypress issues additional grants each year for eligible employees through the Evergreen program. The company observes several holidays each calender year.
All employees receive an equal number of holiday hours each year.
The holiday schedule is determined by management and published in the work week calendar. Any regular, full-time employee taking academic courses related to their employment at Cypress and approved by their respective Vice President will be eligible for reimbursement of qualified educational expenses. To this end, the authors of published, bylined articles written under the guidelines of the Cypress Articles Program are rewarded with generous bonus payments. All regular employees are eligible for membership in the Technology Credit Union. You will be paid every two weeks on Thursday.