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
- GenentechApr 25, 2018StarStarStarStarStar
Best - Sabbatical every 6 years. Worst - No pension
- GenentechApr 03, 2018StarStarStarStarStar
On-site dental, eye-care. Five story employee facility, college sized basketball court. Day-care options, and so much more
- GenentechApr 02, 2018StarStarStarStarStar
Health, Dental and Vision Insurance, Time off between Christmas and New Year's Day.
- GenentechMar 27, 2018StarStarStarStarStar
Excellent 401k and health care coverage. Great stock purchase plan discontinued
- GenentechMar 19, 2018StarStarStarStarStar
2 work from home days, company happy hours monthly.
- GenentechApr 16, 2018StarStarStarStarStar
Contractors receive no benefits nor are they invited to attend corporate functions
- GenentechFeb 27, 2018StarStarStarStarStar
Benefits were great. Much better than I have seen at other places. Only negative is that the employees were having to pay a greater percentage of the benefits. But thats everywhere
- GenentechFeb 21, 2018StarStarStarStarStar
Great benefits! Great 401K match and Roth 401K options
- GenentechFeb 17, 2018StarStarStarStarStar
The health benefits were great. Genentech allotted a certain amount of money for my benefits and anything over that was deducted. This helped cut the cost of my health insurance. They had a lot of perks for their employees, such as, the yearly concert at AT&T park, shirts, weekly get togethers (hohos).
- GenentechMar 13, 2018StarStarStarStarStar
Contractors really get screwed compared to FTE's. No benefits at all. You have to pay to use the bus for transportation around the bay area, you cant go to all the company parties.
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- CheckmarkHealth Insurance (222)
- CheckmarkDental Insurance (80)
- CheckmarkFlexible Spending Account (FSA) (77)
- CheckmarkVision Insurance (81)
- CheckmarkHealth Savings Account (HSA) (80)
- CheckmarkLife Insurance (82)
- Supplemental Life Insurance
- Disability Insurance
- Occupational Accident Insurance
- Health Care On-Site
- CheckmarkMental Health Care (74)
- Retiree Health & Medical
- Accidental Death & Dismemberment Insurance
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (223)
- CheckmarkRetirement Plan (135)
- Employee Stock Purchase Plan
- CheckmarkPerformance Bonus (82)
- CheckmarkStock Options (77)
- Equity Incentive Plan
- Supplemental Workers' Compensation
- Charitable Gift Matching
Family & Parenting
- CheckmarkMaternity & Paternity Leave (217)
- CheckmarkWork From Home (133)
- CheckmarkFertility Assistance (63)
- CheckmarkDependent Care (73)
- Adoption Assistance
- CheckmarkChildcare (73)
- CheckmarkReduced or Flexible Hours (64)
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (220)
- CheckmarkSick Days (82)
- CheckmarkPaid Holidays (82)
- Volunteer Time Off
- CheckmarkSabbatical (80)
- CheckmarkBereavement Leave (79)
Perks & Discounts
- CheckmarkEmployee Discount (204)
- CheckmarkFree Lunch or Snacks (35)
- Employee Assistance Program
- CheckmarkGym Membership (83)
- CheckmarkCommuter Checks & Assistance (80)
- Pet Friendly Workplace
- Mobile Phone Discount
- CheckmarkCompany Car (17)
- CheckmarkCompany Social Events (81)
- CheckmarkTravel Concierge (80)
- Legal Assistance
Professional Support
- CheckmarkDiversity Program (75)
- CheckmarkJob Training (81)
- CheckmarkProfessional Development (80)
- Apprenticeship Program
- CheckmarkTuition Assistance (82)
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