Employee Benefits

Wellness, Benefits, and Safety

NI offers employees a total compensation package that includes wellness, benefits, and safety resources. As health care costs continue to increase rapidly in the United States, wellness has been a top priority for NI over the last several years. The company offers comprehensive medical benefits and a wide variety of programs that support employee health and well-being. These programs help employees evaluate, maintain, and improve their health and the health of their families. NI also offers US employees a competitive 401(k) plan and access to short-term disability insurance, among many other benefits. During Q4 2013, US employees were offered a new high-deductible health plan option for 2014. This plan encourages employees to take an active role in their health choices. Nearly a quarter of US employees elected this plan, far exceeding the company’s expectation of a 5 percent participation rate.

Employee Benefits

NI takes a proactive approach in partnering with employees to achieve healthier lifestyles through wellness and prevention and even features health centers at several of its larger branches. The centers provide employees with access to convenient, high-quality health care. These larger branches also have facilities for fitness and recreational activities. NI encourages employees to use on-campus facilities, which range from fitness centers to a soccer field in Penang.  

Wellness Programs

NI builds a spirited culture of wellness by offering learning programs based on the aggregate data results of employee health risk assessments (HRAs) conducted at headquarters in 2013 . These health and wellness programs include the following:

  • Healthy Eating Every Day (HEED) classes designed to change eating habits and behaviors
  • Programs to encourage exercise, including NI walking and running clubs, 10K-a-Day step challenges, and on-campus walk/run events
  • NI sports leagues and involvement in community fitness events, such as the Penang Bridge International Marathon, the Statesman Capitol 10K, and bike rides
  • Group exercise classes, including aerobics and yoga, at NI headquarters, Hungary, and Penang

NI’s US offices proudly became smoke and tobacco free as of October 2012. Smoking cessation programs and additional assistance were offered to employees who wanted help with quitting.

Compensation and Benefits

NI offers a comprehensive compensation and benefits package that helps the company hire and retain the best and brightest employees. This package provides employee benefits such as the following.

Benefit Worldwide U.S.
Competitive salary X  
Health insurance plans with quality health care coverage   X
Tuition assistance   X
Group life insurance   X
Short-term disability   X
401(k) retirement plan   X
Company performance bonus, which is a percentage of eligible earnings based on revenue growth and operating profit, distributed to all eligible employees twice per year X  
Ownership in the company through equity programs X  
On-site health and fitness centers X2  
Monetary matching for employee donations to charitable organizations   X
Employee assistance program (EAP) for health care, legal, and financial help   X1
Flexible spending account for medical expenses   X

1NI headquarters only.

2NI headquarters, Hungary, and Penang only.

401(k) Retirement Plan

NI offers a voluntary 401(k) plan to help US employees prepare for retirement. Employees can contribute up to 80 percent of their pretax income and/or Roth (after tax) contribution within legal limits. Employees may select the appropriate combination for their situation of pretax and Roth contributions. NI will match 50 percent of an employee’s pretax contribution up to 6 percent, which makes a total company contribution of 3 percent. For additional information about this program, refer to the Annual Report.

In 2013, 87 percent of NI employees in the United States participated in the 401(k) retirement plan, an increase of 1 percent from 2012.

Safety

NI protects workers by providing a comprehensive health and safety program. The company’s safety performance in 2013 continued to be world-class with few recorded injuries.

Recordable Injury/Illness Rate1

1Incidents per 100 employees calculated based on the average headcount for the year, using actual hours worked by nonexempt employees and an assumption of 2,000 hours worked for each exempt employee. Data is from NI corporate headquarters and NI Hungary only.

2US and Texas state industry data for 2012 was not available at the time of report development.

Lost Workday Rate1

1Incidents per 100 employees calculated based on the average headcount for the year, using actual hours worked by nonexempt employees and an assumption of 2,000 hours worked for each exempt employee. Data is from NI corporate headquarters and NI Hungary only. NI corporate headquarters experienced zero lost workdays in 2010.

2US and Texas state industry data for 2012 was not available at the time of report development.


Improving Employee Health