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Headquarters:
500 Oracle Parkway
Redwood Shores, CA 94065
Employees: 74,674
CEO: Larry Ellison
Stock Symbol: ORCL
Website:
http://www.oracle.com
Career Site
Oracle is the world's largest enterprise
software company. It provides software and services that let
organizations get the most up-to-date and accurate information
from their business systems.
Oracle serves a wide range of industries
from aerospace to healthcare, travel and utilities. It provides
support on a variety of computing platforms and languages including
Windows, Java, Linux and PHP.
Oracle has made several major acquisitions
over the past few years with the purchase of BEA Systems, Peoplesoft
and J.D. Edwards.
In fiscal 2008, Oracle had revenues of
$22.4 billion, up 25%, and net income of $5.5 billion. Software
revenues were $7.5 billion in fiscal 2008.
The company was founded by Larry Ellison
in 1997, a brash executive and one of the world's richest men.
Benefits
OracleFLEX offers a "cafeteria-style"
benefits plan that gives employees 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.
OracleFLEX options include:
- Extensive selection of medical plans and options
- Preventive and comprehensive dental coverage
- Comprehensive vision care coverage
- Employee and dependent life insurance
- Accidental Death and Dismemberment (AD&D) insurance
- Long-Term Disability (LTD) insurance
- Pre-tax Health Care and Dependent Care Reimbursement Accounts
- Other after-tax options, including group legal services and
personal insurance (auto, homeowner, rental, umbrella)
Investing in Your Future
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.
GoalPlanner
Oracle offers the Fidelity GoalPlanner Automatic Investing Plan
as a way for you to invest after-tax dollars through direct deposit
payments into Fidelity mutual funds. This program, offered as
a convenience for Oracle employees, is a retail account administered
by Fidelity. Transfer fees and liquidation fees apply, as detailed
in fund prospectuses.
Counseling
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.
LifeWorks Family Resource and Referral
Program
Oracle offers employees the LifeWorks Family Resource and Referral
Program, a free employee benefit designed to help you balance
your work, family, and personal responsibilities. This service
is provided by Work/Family Directions, a leader in work/family
programs and organizational consulting. The LifeWorks Program
is an easy way for you to receive practical advice, useful materials,
and referrals on all types of topics.
Vacation
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.
Updated June 26, 2008
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