The Benefits of Working for Cascade Microtech, Inc.

HR - EmployeesBenefits: Eligible U.S. Based Employees

Cascade Microtech prides itself on maintaining a competitive and flexible benefits package. We offer a minimal waiting period for health benefits (first of month on or after your hire date), eligibility for regular (non-temporary) employees working 20 hours per week and over, and extend these benefits to domestic partners.

401(k)

  • Eligibility first of month on or after your hire date.
  • You may defer from 2 to 100% of your payroll, pre-tax, up to the current IRS maximum dollar amounts
  • Cascade contributes a match of $0.50 for every $1.00 you contribute up to the first 6% of your deferral beginning with the first payroll of the month following 6 months of employment
  • Match is deposited into your account each payroll date

Health

  • Choose from two medical plans: Preferred Provider Option (PPO) or Health Maintenance Organization (HMO) both with Rx coverage. Cascade Microtech funds 90% of the employee premium and 68% of dependent premiums. (HMO available in Oregon and Northern California only.)
  • Choose from two dental plans: Preferred Dental Provider plan option (PDP) or a Dental Managed Care plan option (DMO) with an orthodontia benefit. Same premium funding arrangement as the medical plans. (DMO available for Oregon based employees only.)
  • Vision coverage at no cost to the employee.
  • Flexible spending accounts - pre-tax savings/spending accounts for unreimbursed medical expenses and child care expense.
  • Supplemental plans become available from time to time and include accident/disability income protection plans, cancer and critical illness plans.
  • Employee Assistance Plan - a free, confidential short-term counseling resource.
  • Travel insurance and assistance.

Income Protection

  • 100% Cascade Microtech-paid short-term disability plan
  • 100% Cascade Microtech-paid long-term disability plan
  • 100% Cascade Microtech-paid long-term care plan
  • 100% Cascade Microtech–paid life insurance plan for employee and dependents
  • 100% Cascade Microtech-paid AD&D plan
  • Supplemental plans allow you to extend your long-term disability, long-term care and life insurance plans for a greater $ benefit

Time Off

  • Paid Time Off (PTO) benefit to use for sick or vacation
  • Nine paid holidays
  • Paid bereavement leave
  • Paid jury duty

Education

Continual learning is one of Cascade’s values and it is a key component in maintaining a work force that is flexible, technologically up to date and forward looking.  We encourage employees to further their education through internal and external courses and seminars.

  • Tuition Assistance Plan benefits employees who desire to take job-related or job-advancement courses for credit or employees who are working toward a two-year, four-year or master’s degree or in a doctoral program relating to work or business at Cascade Microtech.  Importantly, you may elect to have your tuition and book expenses paid up-front by Cascade or you may choose to be reimbursed for your self-payment.

Other

Through your employment with Cascade Microtech, you are eligible for
memberships at

  • Costco
  • First Tech Credit Union
  • PrePaid Legal plan
  • Discounts at Office Depot, AT&T Wireless, Hawthorn Farm Athletic Club (Hillsboro, OR)

Cascade makes cash or other awards to employees at each 5-year service anniversary mark (5 years, 10 years, 15 years, etc.)

Oregon/Washington employees meeting Tri-Met residential and employment criteria are eligible to purchase annual Tri-Met PassPort passes with a nominal copay.