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
- Health Insurance (70 comments)
“Kaiser & PPO is offered with Minimal out of pocket expense. PPO is offered for dental and optometrist. Pretty good overall.”
- Vacation & Paid Time Off (50 comments)
“Eighteen vacation days are accurued a year. Get the week between Christmas and New Years off. Typical holidays throughout the year. No President’s...”
- GenentechNov 09, 2018StarStarStarStarStar
No increase in vacation days with increased seniority
- GenentechOct 22, 2018StarStarStarStarStar
Great daycare, good bonus, 401k Matching, they make sure you have the technology you need to do your job, which is great!
- GenentechOct 11, 2018StarStarStarStarStar
Health insurance is very good. 401k contribution is high. vacation and sabbatical time off is strong. year end closing means Xmas off. On site haircuts. Vision and dental benefits.
- GenentechOct 26, 2018StarStarStarStarStar
The benefits may sound great, but they'll fire you if you actually need to use the important benefits more than once. If you want to work for this company, only have one kid and make sure you save up lots of money since it will take months to get your pay once you start leave.
- GenentechOct 06, 2018StarStarStarStarStar
sabbatical was an excellent offering but would have preferred more vacation every year
- GenentechSep 28, 2018StarStarStarStarStar
the health insurance is very good, also ability to work from home is a great perk as well
- GenentechSep 19, 2018StarStarStarStarStar
All benefits at Genentech are great. Being an employee of this company comes with many perks. Health, dental, and vision are affordable compared to other companies.
- GenentechOct 17, 2018StarStarStarStarStar
There are no benefits packages for contractors at Genentech
- GenentechSep 24, 2018StarStarStarStarStar
Sabbatical every 6 years, matching 401K
- GenentechSep 10, 2018StarStarStarStarStar
Transportation to and from work is good. The rest of the benefits seem great on the surface, but many benefits are not really available or are inadequate.
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- CheckmarkHealth Insurance (240)
- CheckmarkDental Insurance (88)
- CheckmarkFlexible Spending Account (FSA) (86)
- CheckmarkVision Insurance (89)
- CheckmarkHealth Savings Account (HSA) (89)
- CheckmarkLife Insurance (90)
- Supplemental Life Insurance
- Disability Insurance
- Occupational Accident Insurance
- Health Care On-Site
- CheckmarkMental Health Care (80)
- Retiree Health & Medical
- Accidental Death & Dismemberment Insurance
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (243)
- CheckmarkRetirement Plan (155)
- Employee Stock Purchase Plan
- CheckmarkPerformance Bonus (90)
- CheckmarkStock Options (84)
- Equity Incentive Plan
- Supplemental Workers' Compensation
- Charitable Gift Matching
Family & Parenting
- CheckmarkMaternity & Paternity Leave (237)
- CheckmarkWork From Home (155)
- CheckmarkFertility Assistance (71)
- CheckmarkDependent Care (80)
- Adoption Assistance
- CheckmarkChildcare (83)
- CheckmarkReduced or Flexible Hours (72)
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (239)
- CheckmarkSick Days (90)
- CheckmarkPaid Holidays (91)
- Volunteer Time Off
- CheckmarkSabbatical (89)
- CheckmarkBereavement Leave (88)
Perks & Discounts
- CheckmarkEmployee Discount (223)
- CheckmarkFree Lunch or Snacks (37)
- Employee Assistance Program
- CheckmarkGym Membership (92)
- CheckmarkCommuter Checks & Assistance (88)
- Pet Friendly Workplace
- Mobile Phone Discount
- CheckmarkCompany Car (17)
- CheckmarkCompany Social Events (90)
- CheckmarkTravel Concierge (88)
- Legal Assistance
Professional Support
- CheckmarkDiversity Program (82)
- CheckmarkJob Training (90)
- CheckmarkProfessional Development (89)
- Apprenticeship Program
- CheckmarkTuition Assistance (91)
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