Page 11 - Skyworks Solutions, Inc. Canada Benefit Guide
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Risk Insurance
Disability Insurance
Short Term Disability (STD) – Weeks 1-2 are covered monthly earnings plus 42% of any excess amount.
at 100% by Skyworks. Weeks 3-17 are paid at 60% The maximum benefit is $10,000. The benefit is
up to a maximum of $1,384. The benefit is not not taxable. Benefits end at the earlier of age 65 or
taxable. Benefits end at the earlier of age 70 or your your retirement. The cost of this benefit is $0.63
retirement. The cost of this benefit is $1.32 per per $100 each pay period.
$100 each pay period.
The disability plans are administered by Manulife.
Long Term Disability (LTD) – If your approved You are responsible for paying the premiums
disability goes beyond 119 days, you will transition through your paycheck. For a more detailed
to LTD. You’ll receive 66.7% of your first $2,500 of description including any exclusions or limitations,
monthly earnings, plus 50% of the next $2,500 of refer to the One Connect.
Business Travel Insurance
Skyworks provides its employees travel insurance.
You will receive support, expertise and assistance
with any medical, security or travel concern 24
hours a day, 7 days a week when traveling for
business. You are also provided protection through
a cash benefit if you are injured or pass away while
traveling on business. Additional travel assistance
services include:
• Pre-travel guidance, including advisory emails
to help you prepare for, and be aware of, any
safety or security concerns at your travel
destination.
• Medical assistance with refilling prescriptions,
securing doctor referrals, or if being
hospitalized.
• Security services in the case of a lost wallet
or passport, safety crisis, evacuation, or other
well-being situations.
These are a general summary of the travel
insurance benefits. For a more details, go to
Skylink.
Skyworks Solutions Employee Benefits Guide - Canada 11