Social

PCTEL is committed to educating, training, and supporting our employees and encouraging them to be involved and make a difference in their communities. For example, we have taken the following specific actions:

  • During the COVID–19 pandemic, PCTEL:
    • Exceeded federal and state guidelines for safety
    • Provided paid leave to employees and proactively closed the production facility for two weeks during an expected surge in COVID-19 cases to prevent the spread of COVID-19 among our employees
    • Extended paid leave throughout 2020 for employees deemed “At-Risk”
    • Allowed production employees whose duties do not permit work-from-home to report to work on a voluntary basis during the early months of the pandemic
    • Made several improvements to our facilities, as noted above, in order to protect the health and safety of our employees and community.
  • We developed the following programs to provide training and to encourage our employees to be good corporate citizens and stewards of our assets, including our reputation:
    • Leadership development and mentoring program in which the executive officers provide one-on-one guidance to our future leaders and the Company provides professional group coaching and training
    • Sales training both internally and through external programs
    • Training related to expected behavior of PCTEL directors, officers and employees consistent with our Code of Ethics and Business Conduct
    • Training related to diversity and inclusion
    • Annual sexual harassment training to help employees understand what sexual harassment is and how it negatively impacts both employees and PCTEL
    • Annual Foreign Corrupt Practices Act (FCPA) and anti-bribery training to ensure employees understand the negative impact of bribery and violations of these laws
  • We provide our employees with healthcare and other wellness benefits that exceed the norms for our industry and size:
    • High quality and comprehensive health and dental care insurance at an affordable price and Company-paid vision insurance for employees, their families and domestic partners
    • Company-paid life insurance coverage up to specified limits
    • Company-paid short and long-term disability insurance
    • Access to financial wellness solutions
    • Company-paid Employee Assistance Program (EAP) available to all US employees and their dependents to provide resources and referrals to address challenges related to work, family, health and everyday living
  • We offer other benefits for the education and welfare of our employees, including:
    • Voluntary benefits employees can obtain, at their own expense, certain benefits at a discount, including identity theft protection, additional life insurance, pet insurance, critical illness insurance and Accidental Death and Dismemberment insurance
    • Tuition reimbursement, tuition loan repayment and other educational assistance for college or post-graduate education related to an employee’s job function
    • Paid parental leave following the birth of a child or the placement of a child with an employee in connection with adoption or long-term foster care in addition to any accumulated paid time off
    • Paid bereavement leave
    • Wages of not less than $15 per hour for every position in PCTEL’s United States locations.
  • PCTEL encourages its U.S. employees to acquire equity ownership in the company in order to align the interests of our employees with those of our stockholders. Accordingly, we have adopted an Employee Stock Purchase Plan pursuant to which U.S. employees may buy PCTEL’s common stock through payroll deductions at a discount of the fair market value of our common stock on the first day or the last day of the offering period, whichever is lower.
  • a 401(k) plan for its US employees and matches employee elective deferrals up to 4% of their compensation.
  • Employees can participate in programs to help those in need in our community such as a program to provide holiday gifts to those in need, team volunteer programs for food banks and the like. We also provide paid time off (PTO) for employees to volunteer at a charitable program of their choice.
  • Regular townhall meetings and employee surveys to determine employee needs and morale with a goal of maintaining a healthy and engaged workforce.

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