Intel

Very safety-oriented. Good medical benefits. Free beverages and fruit in employee cafeterias.

Cut profit sharing contributions to employee 401k from 12.5% of annual salary to 5%.

When reduced 401k contributions began to trigger employee eligibility for the Intel minimum pension plan, Intel froze the pension plan for current employees and got rid of it for new hires.

Cut the maximum contribution employees could make to the employee discounted stock purchase program from 10% to 5%.

For over a decade, Intel has made small changes each year or two to the method of calculating employee bonuses and profit sharing. Each change has been very small, but the net effect over the years has been to reduce the amount of annual bonuses by a significant amount.

To save money, Intel stopped allowing employees working holidays (Christmas, Thanksgiving, Labor Day, Memorial Day, 4th of July, New Year's Day, etc.) to claim "Holiday Worked" on their electronic time card, meaning pay for working a holiday that used to be paid at time and a half is now paid at straight time.

Intel refers to its pay and benefits package as "T-Comp" or Total Compensation. Basic pay is designed to be around the middle of the pack or lower than what you make at other companies. In bad years, this keeps payroll costs to the company low, and in good years is supposed to allow employees to share in the profits they helped create. But 2014 was one of the best years in the company's history, yet benefits were cut again.

Hire more technicians and engineers for D1D and D1X to deliver process technology on time.

Deliver a phone with Intel Inside to the United States market.