Overview Success Stories White Papers Contact Us Seagate offers a variety of means, aside from wages, by which employees may increase their personal capital. The following Capital Accumulation options are available to regular employees scheduled to work 20 or more hours per week. Employees are eligible on their first day of employment. Rollovers from other qualified plans or conduit IRAs may be made at any time.
Employees can conveniently access and manage their accounts daily via the phone or via the Web.
The Employee Stock Purchase Plan allows employees to purchase Seagate stock at a discounted price. Employees are eligible to participate if they have been employed for 30 days prior to the stock purchase period. There are two offering periods each year. At the end of each quarter in which the company reaches a pre-determined threshold of profitability, a percentage of Seagate's profits are divided among employees based on eligible earnings. To be eligible, you must be employed by Seagate on the first and last day of the fiscal year quarter.