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Standard Pacific

Home building company.

Headquarters: 15326 Alton Parkway
Irvine, CA 92618
Employees: 2,630
CEO: Stephen Scarborough
Stock Symbol: SPF

Website: http://www.standardpacifichomes.com

Career Site

Standard Pacific is one of the nation's 11th largest homebuilder in terms of sales and has built homes for more than 85,000 families during its 40-year history.

The company constructs homes in a wide range of prices and sizes from under $100,000 to more than $2 million. Standard Pacific operates in some of the strongest housing markets in the country with operations in 31 major metropolitan areas in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada. Additionally, the company provides mortgage financing and title services to homebuyers through subsidiaries and joint ventures, Family Lending Services, Westfield Home Mortgage, Universal Land Title of South Florida and SPH Title.

In 2005, the company built more than 11,500 homes and is targeting 13,000 homes in 2006. The company's average home price in the fourth quarter of 2005 was $351,000, a 12% decrease from the previous year. The average home price built in California was $687,000.

Standard Pacific reported record revenues of $3.99 billion in 2005 and net income of $440.9 million.

History

The name Standard Pacific was born in 1965, when founders Arthur Svendsen and Ronald Foell started building the company's first subdivisions in Orange County of Southern California. Since the beginning, the Company appreciated the importance of community and embraced the significance of its craft.

In 1969, the company would go public on the American Stock Exchange.

Benefits

Health and Income Protection Insurance (medical, dental, vision, life, long-term care, health & dependent care, etc.) each program is individual and employees can personalize their benefit package by picking only the benefits they think are best for them.
Home Purchase Discount Program Up to 3% off the purchase price of a company built new home, plus options at cost.
Home Mortgage/Loan Discount Program through our lending subsidiary (potentially substantial cost savings).
Training & Education in-house & formal programs.
College Savings plan Section 529 plan (you can defer money that grows tax free for any person you specify).
Work/Life Programs (or " Flexible Work Schedules" and "Telecommuting" ) to find balance.
Paid Holidays We're proud to say that we generally give ? day off on every Friday that falls before a Monday holiday! This let's you get away early for long holiday weekends.
Great Vacation and Sick Time benefits.
Paid Maternity Leave up to 2 months.
Paid Military Leave up to 2 months.
Other paid leaves such as bereavement and jury duty.
Tuition Reimbursement Programs
Referral Programs and Support Resources for Child and Eldercare (discounts are available for other referred services up to 25% discount).
Health Care Reimbursement Accounts
Dependent Care Reimbursement Program
Community Involvement and Charity Programs
Annual Employee Satisfaction Surveys
401k Employer Contributions (Standard Pacific contributes 3% of your compensation to the plan, regardless of whether you contribute at all! In addition, we'll match any contribution you put in ($ for $ - up to 2%).
Partner Perks discounts with local vendors/suppliers (home appliances, home options/upgrades, car rentals, computers, etc.).
Fitness Reimbursement and Wellness Programs (onsite and offsite)
Inter-Company Work Relocation Transfers
Service and Performance Excellence Awards
Credit Union Memberships
Concierge Services (for amusement park and movie tickets, and other local events/vendors).
Free Financial Planning/Investment Advice (as part of our retirement benefit programs). Standard Pacific pays an independent financial advisor to be on-call for our employees with questions about our 401k and other retirement programs.
Fun Company Outings/Events (bowling, golf tournaments, holiday parties, picnics, racing, etc).

Updated May 5, 2006

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