Samsung Austin Semiconductor receives Best Place for Working Parents designation

Samsung Austin Semiconductor has once again earned the National Best Place for Working Parents® designation. The Best Place for Working Parents Designation highlights how Samsung Austin Semiconductor is implementing innovative practices that are helping today’s working parents provide for their families, and adapt and thrive at work during extraordinary times. The Best Place for Working Parents® assessment highlights only the top 10 research-backed policies proven to benefit working parents and businesses' bottom line. With more than 4,500 employees, Samsung Austin Semiconductor is committed to providing a healthy and thriving working environment. As of one’s hire date, we offer an array of leaves and backup care to support employees. Here are some of the ways we support our employees and their families:

• Maternity leave: Moms receive eight weeks of 100% paid leave following the child’s birth
• Parental leave: New parents (in addition to maternity leave for birth moms), receive eight weeks  of 100% paid bonding leave because of the birth of a child, adoption of a child, or placement of a child related to foster care
• Rooms on-campus for lactating mothers 
• Back-up dependent care: Employees can take advantage of the back-up dependent care program which includes tutoring support
• Flexible work schedules
• To help maintain a healthy work-life balance, new hires begin their employment with 40 hours of Paid Time Off (PTO)
• 160 hours of PTO in your first year 
• 10 Paid Holidays 
• Competitive and comprehensive benefits package 

Samsung Austin Semiconductor is honored to join the National Network of Best Place for Working Parents businesses that support their working parents and caregivers. Click here to learn more about our benefits. While family-friendly policies have a direct impact on working parents, local and national research proves that there is also a serious business case to being family-friendly:

• 83% of millennials would leave one job for another with stronger family-friendly supports.
• Replacing an employee costs an employer six to nine months of that employee’s salary.
• Over 60% of working parents said child care issues have caused them to miss work.
• Employers lose $13 billion annually due to child care challenges faced by their workforce.