Benefits

The retention rate at Linear Technology is one of the highest in the Silicon Valley. We can partially attribute this to our strong total compensation package. With the most generous profit sharing program in the world, we take pride in the unique work ethic that such a program fosters. The success of the individual contributes directly to the success of the entire organization. But the rewards do not end with profit sharing. LTC's total compensation package includes a variety of medical plans with a low contribution rate, 401(k), stock options for eligible positions and an employee stock purchase plan to ensure the continued dedication of our employees.

401(k) Plan

Linear’s 401K Plan is administered by Diversified Investment Advisors. Enrollments (traditional 401K and Roth 401K) occur quarterly with no waiting period to join. Employees may contribute from 1% to 25% of their eligible pay on a pre-tax basis, up to annual IRS maximums. These contributions are made through payroll deductions. Linear also contributes a percentage of the profit sharing directly into all employees’ 401K accounts at each payout.

Tuition Reimbursement

LTC encourages employees to utilize external resources to expand on skills relevant to their position. We will reimburse up to 80% of the cost of tuition, registration and lab fees for pre-approved courses. Courses can be taken at accredited colleges/universities or vocational/trade schools.

Health Care

Linear Technology Corporation offers three types of medical coverage.

  • Kaiser Permanente HMO
  • Blue Cross Exclusive Provider Organization (EPO)
  • Blue Cross Preferred Provider Organization (PPO)

Dental Care

LTC offers dental insurance through Delta Dental of California. We offer the Delta Dental DPO plan.

Additional Benefits

Linear Technology's benefit plan also includes Long-Term Disability Insurance, Life and Accidental Dismemberment Insurance, and Credit Union member benefits.