Development and Training
Development Planning – Every achievement begins with a plan
Maxim's Development Planning process helps employees achieve career growth and success by encouraging them to identify career goals and take the steps necessary to achieve them.
The Development Planning process is core to our culture value of "Reach Higher," encouraging employees to own their individual development. Through the process, employees work with their managers to develop an Individual Development Plan based on strengths, opportunities for development, interests, and career goals. Managers support the program by providing coaching, advice, and feedback and by assigning responsibilities to continuously improve employees' skills and performance. In addition, compensation for certain Maxim executives is tied to employee development and other Environmental, Social, and Governance (ESG) metrics. For example, certain senior executives’ compensation specifically includes performance on Employee Training and Development initiatives.
The Development Planning process helps to ensure successful careers for employees, and builds a stronger workforce for the company.
MaximU – Continual learning available anywhere, everyday
Complementary to the Development Planning process is the need for the right tools and training so that employees can develop their skills for career growth. Maxim University, or MaximU, provides over 5,000 salaried employees continual training to support individual development at no charge.
A portal for accessing online training and registering for classroom courses, MaximU provides global access 24 hours a day to licensed content and customized self-paced courses. Employees completed 22,885 courses in 2014.
"Maxim University is an exciting initiative," said Denise Wooldridge, Senior Learning Management System Business Partner. "It represents an important investment in our people and their future with Maxim."
Employees who have identified training as an appropriate development activity in their Individual Development Plan can search for relevant training, review applicable courses with their manager, and agree on the courses to take. In addition, MaximU serves as a valuable resource library and as a vehicle to complete mandatory training.
Education Tuition Reimbursement – Assisting employees to continue their education
Educational tuition reimbursement is offered to employees who meet eligibility requirements and who enroll in approved, work-related programs of study. The course of study must have either present or future application to a job with us. Once employees are enrolled in the program, we will reimburse the employee upon successful completion of a course up to a maximum defined amount per calendar year, depending on the degree level of study.
Maxim offers a tuition reimbursement program to encourage our employees to broaden their on-the-job knowledge, skills, and abilities. We believe that educational advancement will enhance Maxim's growth potential through the individual growth of employees.
Diversity and Ethics
Equal Employment Opportunity – Promoting inclusion
In compliance with local laws, Maxim is an equal opportunity employer. Our Equal Employment Opportunity Policy echoes our commitment to diversity and inclusion. It is the policy of Maxim to provide equal opportunity to all persons in all matters relating to employment without regard to race, color, religion, ancestry, national origin, sex, gender, gender identity or expression, age, genetic information, marital status, mental or physical disability, medical condition, sexual orientation, military or veteran status or any other characteristic as protected under applicable state, federal, or local law.
Collective efforts leveraging diverse points of view allow us to realize superior solutions. As an equal-opportunity employer, Maxim brings men and women of all ages, cultures, ethnic backgrounds, and experiences into a highly collaborative environment where they are given the opportunity to contribute. We respect diverse cultures globally and comply with the hiring and employment laws unique to the locations in which we operate. We are committed to gender pay equity and conduct pay equity analyses to assess any potential inequalities.
All employees have the right to work in an environment free from unlawful discrimination, harassment, or retaliation. We do not tolerate harassment by any of our employees, officers, representatives, customers, or suppliers. Employees are encouraged and expected to immediately report all potential human rights violations so that they can be investigated thoroughly.
Ethics – Clearing a path to the right decisions
It is Maxim's policy to conduct our operations in accordance with all applicable laws and regulations of the jurisdictions in which we do business. We promote ethical behavior and maintain an open-door policy that encourages employees to talk to supervisors, managers, or the General Counsel/Chief Compliance Officer when in doubt about the best course of action in any particular situation. In addition, we provide a toll-free hotline and a third-party website as a means for anonymously reporting concerns. Maxim practices a firm no-retaliation policy.
The Code of Business Conduct and Ethics outlines our policy, which applies to the company's employees, officers, and nonemployee directors, including the company's CEO, CFO, and principal accounting officer or controller. Maxim requires its employees to take training courses related to key facets of its Code of Business Conduct and Ethics.
Our code is designed to promote:
Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships.
Full, fair, accurate, and understandable disclosure in the reports and documents the company files with, or submits to, the Securities and Exchange Commission and in other public communications made by the company.
Compliance with applicable governmental laws, rules, and regulations.
The prompt internal reporting to the appropriate person of violations of this code.
Accountability for adherence to this code.
Health and Safety
Maintaining a safe workplace
Maxim is committed to protecting our employees, contractors, and the public by integrating health and safety into all aspects of our business.
We strive to enable a safe, injury-free workplace by incorporating safety into our daily business decisions and processes. Management is accountable for implementing this practice, but all employees are empowered to assume responsibility for their safety and the safety of those around them.
All employees receive annual emergency training, while Emergency Response Team members are trained quarterly. Moreover, general health and safety training is conducted on over 60 topics.
Our health and safety commitment includes continuous improvement on various metrics. Measured monthly, we strive to meet our established goals of a 0.40 OSHA-recordable injury rate, 0.20 lost-time injury rate and 4.0 days-away injury rate. In 2017, our lost-time injury rate was 0.17, making Maxim one of the industry leaders in this area. Our average injury rates have been consistently below those for the U.S. manufacturing industry over all. Our policies, controls and internal reporting uphold a safe work environment.
Wellness
Healthy living for life
Beyond medical benefits, Maxim provides several programs to improve employee wellness.
Our official wellness program, Wellness Integrated, educates employees and helps us make healthy life choices. We sponsor programs such as free, onsite health screenings, subsidized health club memberships, an onsite fitness center and sponsored recreational sports and races.
Regular internal communications educate employees on health tips and resources available to them, such as tools and information from our industry-leading insurance partners.
Our Employee Assistance Program provides services such as stress management tools, counseling, referral services, and legal advice. The program is a confidential, voluntary service designed to help employees and their dependents with personal, job, or family related problems.
Wellness Screenings
Maxim offers free wellness screenings to employees and their spouses in the U.S. and in a number of international offices. These health screenings help identify potential health issues to increase longevity and improve quality of life. Our wellness screenings provide an in-depth medical analysis and information for planning personal health goals. Following a screening, we encourage employees and spouses to share the health information with their medical providers.
For over a decade, employees have benefited from the successful wellness-screening program. Employees’ interest and high participation rate also attests to the value of the initiative. In 2015, over 40 percent of U.S. employees participated in the program.
Health Club Memberships
Maxim offers employees the opportunity to improve their health and fitness by promoting discounted memberships at select national health clubs. In addition, we have onsite fitness centers at our campuses in San Jose, Calif. and Beaverton, Oregon.
Maxim in Motion
Through the Maxim in Motion program, we offer U.S. employees an opportunity to be active, while supporting a healthy work-life balance. The program organizes intramural and recreational sports activities for employees during or after work such as soccer, softball, volleyball and basketball. We also sponsor registration fees for road races and cycling races. In 2017, we plan to support employees in over 60 races.
Family Support
Balancing the pressures of work and family can be challenging. Maxim supports family needs with a highly flexible paid time-off policy that allows employees to use vacation and holiday time most effectively for them. Our Employee Assistance Program, which provides health tools and service referrals, is available not only to employees, but to family members as well. Maxim matches contributions to dependent care accounts (for qualifying employees), and regularly organizes family-friendly corporate events at many locations.