Genentech Benefits

4.5 out of 5 (19 comments)
Most talked about benefits
  • 401K Plan

    "They put money in to your 401k even if you are not contributing, that on top of the match is great!" (6 comments)

  • Health Insurance

    "The cost is coming back to employees big time, very expensive now, which doesn't align since we are a health/science company. They are pushing…" (3 comments)

  • Vacation & Paid Time Off

    "Very flexible hours and time off." (3 comments)

Genentech is recognized for providing our employees with some of the most competitive and comprehensive benefits in the country. In 2010, we were ranked on FORTUNE Magazine's "100 Best Companies to Work For" for the 12th consecutive year.

Far more important than public recognition, though, is the motivation behind making Genentech a truly great place to work. We believe that you, as an employee, matter above everything else. We back that statement up continuously with a unique approach to providing you with great benefits and valuable resources. Our benefits packages and resources are designed to support you in creating the life and work style that brings your best to your community, your family and Genentech's mission of addressing significant unmet medical needs.

Provided by employer [?]

Benefits Summary

  • High % reporting
  • Medium % reporting
  • Low % / No reports
  • * Employer Verified

Insurance, Health & Wellness

  • Health Insurance
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupation Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

  • Employee Discount
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

Employee Comments

  • Nov 10, 2014
    Current Associate Director in South San Francisco, California

    Excellent healthcare and a fantastic 401k match (10% total). I also love the company bus to work that makes an otherwise awful commute more manageable. Oh, and don't forget the sabbatical every six years (6 weeks after 6 years)!

  • Nov 10, 2014
    Current Business Operations Manager in South San Francisco, California

    Best: 401k plan Worst: Cost of day care

  • Nov 2, 2014
    Current Associate Director in South San Francisco, California

    Nice to have a mix of stock and cash bonus, but could do more including an EPP. Stock bonus is small as well. Good 401K matching, which is the best part of the benefits. Tries to convince employees that a cafeteria, childcare etc. are part of the benefits...they are also ways to keep you working longer! Maternity leave should also be more than 6 weeks paid, GNE has the opportunity to set the bar on this but does not.

  • Oct 25, 2014
    Current Employee in New York, New York State

    Very generous company match to 401K plus generous yearly long term incentives of stock and stock options (Roche)

  • Oct 15, 2014
    Current Employee in South San Francisco, California

    annual bonus & stocks, comprehensive health/dental/vision, 401k matching, generous vacation time

  • Sep 30, 2014
    Current Senior Manager, Quality in South San Francisco, California

    The sabbatical program is a great perk. 6 weeks every six years.

  • Sep 28, 2014
    Current Employee in South San Francisco, California

    Great 401k match. 4% match with 10% mandatory contribution from Company.
    Negative is 6 year vesting period

  • Sep 25, 2014
    Current Senior Manager in South San Francisco, California

    Nothing, very strong package and appreciative of support.

  • Sep 21, 2014
    Current Senior Technical Manager in South San Francisco, California

    10% 401K match, onsite day care, $20,000 fertility benefit, four and half month maternity leave, five free career counselling sessions per year in the careerlab, on-site gym, beautiful location, free parking, onsite subsidized cafeterias, generous bonus and stock options, Genenbus to and from distant locations, international emergency assistance, concierge services, off-sites, development opportunities - tuition assistance

  • Sep 15, 2014
    Current Employee in South San Francisco, California

    Many positive aspects. Bonus and stock options for all employees a big plus, Sabbatical every 6 years is a great. Healthcare coverage very good.

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