Genentech Benefits
Employer Summary
Genentech is recognized for providing our employees with some of the most competitive and comprehensive benefits in the country. In 2015, we were ranked on FORTUNE Magazine's "100 Best Companies to Work For" for the 17th 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.
Employee Benefit Reviews
Most Commented
- Vacation & Paid Time Off (53 comments)
“Very generous for full-time employees. After 7 years provided a sabbatical.”
- GenentechMar 06, 2019StarStarStarStarStar
Benefits are what you expect. You have a choice of an HMO or PPO. On site dental care is also available.
- GenentechFeb 25, 2019StarStarStarStarStar
Great benefits, medical, dental, vision, work/life balance. You get 18 vacation days a year plus end of the year company shutdown plus a sabbatical after 6 years of employment.
- GenentechFeb 24, 2019StarStarStarStarStar
Great benefits and matching 401k contribution!
- GenentechFeb 20, 2019StarStarStarStarStar
If a permanent employee one cannot complain about the benefits. However, contracted workers do similar (or the same role) without any benefits. No 401K, stocks, healthcare, parties, gifts for preforming well or other extra perks.
- GenentechMar 01, 2019StarStarStarStarStar
Great range of options and contributions to HSA , if chosen, is generous. Did not appreciate "penalty" imposed if spouse/partner has benefits available through other employer.
- GenentechFeb 12, 2019StarStarStarStarStar
health insurance, 401k, free gym on campus
- GenentechFeb 25, 2019StarStarStarStarStar
Contractors don't really have any benefits. only 24 hours sick pay after 90 days.
- GenentechFeb 10, 2019StarStarStarStarStar
Free Gym, Free Public Transportation, Free Electric Car Charging, Free Food, Free Sky-Diving, Zip-Lining, what more do you want!?
- GenentechFeb 13, 2019StarStarStarStarStar
The benefits are decent for a contractor position, much better from what I have heard for the full time employees.
- GenentechFeb 10, 2019StarStarStarStarStar
Genentech has very good medical insurance. My husband has RA and the approved dosage wasn't working. Our doctor prescribed a double dosage and it was approved under our insurance!
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- CheckmarkHealth Insurance (251)
- CheckmarkDental Insurance (93)
- CheckmarkFlexible Spending Account (FSA) (91)
- CheckmarkVision Insurance (94)
- CheckmarkHealth Savings Account (HSA) (95)
- CheckmarkLife Insurance (95)
- Supplemental Life Insurance
- Disability Insurance
- Occupational Accident Insurance
- Health Care On-Site
- CheckmarkMental Health Care (85)
- Retiree Health & Medical
- Accidental Death & Dismemberment Insurance
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (252)
- CheckmarkRetirement Plan (163)
- Employee Stock Purchase Plan
- CheckmarkPerformance Bonus (95)
- CheckmarkStock Options (87)
- Equity Incentive Plan
- Supplemental Workers' Compensation
- Charitable Gift Matching
Family & Parenting
- CheckmarkMaternity & Paternity Leave (246)
- CheckmarkWork From Home (164)
- CheckmarkFertility Assistance (75)
- CheckmarkDependent Care (85)
- Adoption Assistance
- CheckmarkChildcare (89)
- CheckmarkReduced or Flexible Hours (75)
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (250)
- CheckmarkSick Days (95)
- CheckmarkPaid Holidays (96)
- Volunteer Time Off
- CheckmarkSabbatical (95)
- CheckmarkBereavement Leave (93)
Perks & Discounts
- CheckmarkEmployee Discount (231)
- CheckmarkFree Lunch or Snacks (38)
- Employee Assistance Program
- CheckmarkGym Membership (97)
- CheckmarkCommuter Checks & Assistance (92)
- Pet Friendly Workplace
- Mobile Phone Discount
- CheckmarkCompany Car (18)
- CheckmarkCompany Social Events (94)
- CheckmarkTravel Concierge (92)
- Legal Assistance
Professional Support
- CheckmarkDiversity Program (87)
- CheckmarkJob Training (93)
- CheckmarkProfessional Development (93)
- Apprenticeship Program
- CheckmarkTuition Assistance (96)
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