SAIC
Headquarters:
1710 SAIC Drive
McLean, VA 22102
Employees: 40,000
CEO: John Jumper
Stock Symbol: SAI
Website: http://www.saic.com
Career Site
SAIC, short for Scientific Applications International Corporation, is a scientific, engineering, and technology applications company that uses its deep knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health.
The company ranks as one of the nation's largest defense contractors. SAIC has 41,000 employees that serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets.
SAIC’s work ranges from battlefield biometrics to cutting-edge sensing devices to electronically linking the armed forces on the battlefield. SAIC also designs and develops high-power microwave systems, which could be used to stop enemy vehicles or disrupt enemy command, control and communications.
As a leading provider of engineering and technical support for operational test and evaluation of Air Force systems, SAIC is helping Airmen integrate the results of ongoing experimentation, testing, training and simulation.
There are about 16,000 SAIC employees in the metropolitan Washington, D.C. area, representing the company's largest concentration of staff. SAIC is also one of the largest private employers in Northern Virginia.
In fiscal 2012, SAIC reported revenues of $10.6 billion and net income of $59 million. The company's backlog of signed business orders at the end of fiscal year 2012 was $18.9 billion, of which $5.5 billion was funded.
The company plans to split into two separate publicly-traded companies in 2013. One company will focus on government technical services and IT. The other will focus on science and technology services for national security, engineering and health
In December, SAIC said it would cut 700 jobs with half coming from the DC area.
History
Science Applications International was founded by Dr. J. Robert Beyster and a small group of scientists in La Jolla, CA in 1969. The company's first solid business base was established with the Defense Nuclear Agency (DNA) in 1970, performing sophisticated nuclear weapons effects calculations. This initial work grew to include other areas of weapons effects such as nuclear blast, simulation, and underground test instrumentation and measurements.
The company went public in 2006.
SAIC moved its headquarters from San Diego to Virginia on October 2009 to be closer to the federal government and defense agencies.
Benefits
Medical Plans - Comprehensive coverage for you and your family, including domestic partners, through several national preferred provider organization (PPO) and regional health maintenance organization (HMO) plans.
Dental Plans - Choose among different dental plan options, which include a national PPO plan and regional dental health maintenance organization (DHMO) plans.
Vision Plan - Choose to participate in a national Vision Service Plan.
Health Care Flexible Spending Account - Make pre-tax contributions to the account and obtain reimbursement for eligible medical, dental, vision, mental health, and pharmacy expenses.
Dependent Day Care Flexible Spending Account - Make pre-tax contributions to the account and obtain reimbursement for eligible day care expenses.
Company Provided Basic Term Life Insurance - Employee coverage is provided at 2 times your base annual salary up to a $500,000 maximum. Dependent coverage is provided at $2,000 per eligible dependent.
Supplemental Term Life Insurance - Employee coverage is available in amounts equal to 1/2, 1, 2, 3, 4, or 5 times your base annual salary up to a $1,500,000 maximum. Spouse or registered domestic partner coverage is available at $10,000, $25,000 or $50,000. Child coverage is available at $5,000 and $10,000.
Accidental Death and Dismemberment Insurance - Employee coverage is provided equal to your base annual salary up to $250,000. Also, Business Travel Accident Insurance is company provided with coverage up to 3 times your base salary up to $300,000. Several levels of Voluntary (employee paid) AD&D coverage are also available.
Disability Insurance Program - Your Disability Insurance Plan offers various components including: Disability Sick Leave (DSL), Voluntary Short Term Disability Insurance Plan (VSDI), SAIC Private California Disability (CAVPDI), Basic Long Term Disability Insurance (LTD), and Supplemental Long Term Disability Insurance.
Comprehensive Leave - As an eligible employee, you will be able to accrue comprehensive leave to use as paid time off for vacation, personal business, and short-term illness. You may also borrow up to 40 hours of comprehensive leave in advance of your accrual, with your manager's approval, or elect to cash-out up to 80 hours of accrued leave annually through our comprehensive leave cash payout program.
Holidays - Most SAIC employees are eligible for nine standard holidays during the year. This includes seven fixed holidays as well as two alternative holidays to be used at your discretion within certain limitations. Fixed holidays include:
* New Year's Day
* Martin Luther King Day
* Memorial Day
* Independence Day
* Labor Day
* Thanksgiving Day
* Christmas Day
Please note that holidays may vary based on contractual requirements.
Military Leave - You will have paid time off for annual reserve training, up to two weeks (10 working days) during each U.S. Government fiscal year (October to September). This leave policy also takes into consideration the difference in pay between your SAIC base salary and annual service pay.
Active Duty Reservist - We value our diverse background, and have the highest respect for those providing mission-critical expertise while serving the nation's armed forces. As an active duty reservist, we support your efforts in making the nation, and the world, a safer place to live and offer a balanced schedule to continue that mission. We provide military reservists with paid time off work and/or differential pay in order to meet service and training obligations. Whether called for a national emergency or requested for active duty, SAIC provides flexibility to serve where you are needed the most.
Jury Duty - When you are summoned for and serve jury duty, you will receive your full pay from SAIC.
Bereavement Leave - If you need to attend the funeral of an immediate family member, you will receive up to three days, fully paid, to do so.
Disability Sick Leave - 80 hours (10 days) of Disability Sick Leave will be credited on the date of your hire, and on each anniversary date you will be credited with 80 hours (10 days) of available Disability Sick Leave up to a maximum accrual of 1,560 hours (195 days). Your Disability Sick Leave is integrated and paid in conjunction with disability programs for the first 26 weeks (180 days) of disability.
SAIC Retirement Plan Features
* Attractive company matching contribution
* Pre-tax and/or Roth 401(k) contributions
* Immediate eligibility for employee contributions and company matching contributions
* Both passive and active investment options from a wide selection of fund choices
* Investment advice services through Vanguard and Financial Engines
Updated December 4, 2012
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