Foundation Medicine Employee Benefits and Perks | Glassdoor

Foundation Medicine Benefits

Location: US
4.2
StarStarStarStarStar
12 Ratings

Employer Summary

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Employee Benefit Reviews

Most Commented

  • Mar 10, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Good health insurance, decent 401k match (recently upgraded), great employee referral program.

  • Dec 06, 2018
    StarStarStarStarStar Former Sales in Cambridge, Massachusetts

    Very generous Medical benefits, great maternity leave

  • Nov 15, 2018
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Commuting benefits were good and starting in 2019 they get even better, amazing actually. HR is responsive to employee feedback. Benefits continue improve following Roche acquisition. Would like to see the amount employees pay towards medical premiums (from paycheck) reduced. Paid half the amount for similar if not better coverage at last employer. Should offer additional vacation to be truly competitive. Overall, nice comprehensive offering.

  • Jul 24, 2018
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    401k program is not current to other Boston Tech companies, is weak in comparison. All other benefits are ok.

  • Jun 20, 2018
    StarStarStarStarStar Former Employee in Cambridge, Massachusetts

    The company works really hard to maintain a competitive benefits program. Amazing health insurance!

  • Feb 13, 2018
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    The company 401(k) match is 1.5%, which is not very competitive. Something more like a dollar for dollar match for the first 2%, followed by a $0.50 match for each dollar after that up to 5 or 6% would be much more competitive.

  • Jan 26, 2018
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Health insurance is competitive. Biggest problem is the 401(k) match, which I'm hoping changes soon. Commuting and parking benefits are a big plus.

  • Dec 17, 2017
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Great benefits! 401k, health and dental, paid vacation and sick days, life insurance, assistance paying for parking garage

  • Oct 19, 2017
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Good Benefits. Great maternity / paternity benefits.

  • May 17, 2017
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    FMI contributes a great deal toward employee benefits. Our total reward package is extremely strong! Additionally, I think there is good reception to thinking about expanding our offerings in the future.

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

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

Financial & Retirement

  • Pension Plan
  • 401K Plan
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

  • Vacation & Paid Time Off
  • Sick Days
  • Paid Holidays
  • Volunteer Time Off
  • Sabbatical
  • Bereavement Leave

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

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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