Benefits

What's Unique about OracleFLEX?
OracleFLEX is a "cafeteria-style" benefits plan that gives you more choices and greater flexibility than traditional health and insurance benefits plans. It allows you to design a custom benefits package for your unique situation. You are awarded flex credits that you can use to purchase benefits, so you can control the amount you spend on each benefit option, depending on your needs. If you have remaining credits, you may direct them toward taxable income or to your 401(k) savings plan, health care reimbursement, or dependent care reimbursement accounts.

Oracle 401(k)
Oracle's 401(k) Savings and Investment Plan offers you a way to plan for retirement and contribute to your long-term financial goals. You may contribute up to 40% of your cash compensation (salary, bonus, and commission) on a pre-tax basis, subject to an annual IRS dollar limit, through payroll deductions. Oracle may match some of your 401(k) contribution, and you decide where to invest your money by selecting from a portfolio of investment options. Because you use pre-tax dollars and your account growth is tax-deferred, your participation should lower your current federal and state income taxes.

Employee Stock Purchase Plan
Oracle's Employee Stock Purchase Plan lets you purchase Oracle common stock at a discounted market price. By enrolling in the plan prior to any offering period, you may contribute up to 10% of your cash compensation (salary, bonus, and commission) through payroll deductions.

Employee Assistance Program (EAP)
To help you address problems that threaten to upset the stability of your life at home or at work, the Oracle Employee Assistance Program offers referral services and confidential, personal assessment. EAP services may help with stress, depression, difficulties with children, divorce, alcohol abuse, drugs, job worries, marital, financial, or legal problems. The EAP is staffed by licensed professionals from the fields of psychology, clinical social work, and counseling. They are available 24 hours a day, seven days a week. An experienced intake specialist will arrange a confidential appointment with an EAP counselor. Services are free for up to three visits per family member per concern annually.

LifeSolutions
The LifeSolutions employee resource program helps employees manage work and personal responsibilities by providing free advice, useful materials and referrals to local or national resources. LifeSolutions can assist employees with balancing work and personal life, locating child care and elder care resources, parenting, adoption, selecting schools, and chronic condition support.

Everyone needs a break once in awhile. As a full-time regular employee working at least 35 hours per week, you accrue 13 days of vacation a year (4.33 hours per pay period) for your first three years of employment, and 18 days a year (6 hours per pay period) after three years.