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 (71 comments)
“The employee share of the cost goes up every year and coverage goes down. You're pretty much forced into a Hig Deductible plan with HSA or...”
- Vacation & Paid Time Off (50 comments)
“3 weeks vacation per year. Paid days off available at manager's discretion, varies dramatically across departments. 6-week sabbatical every...”
- GenentechJan 03, 2019StarStarStarStarStar
Best - many benefits available Worst - employee contributions keep going up
- GenentechJan 13, 2019StarStarStarStarStar
You don't get anything but your hourly pay and 3days sick visit. That's it. If you stay a year health benefits are offered through your supplier.
- GenentechJan 02, 2019StarStarStarStarStar
Health Insurance Coverage has been steadily declining since Obamacare. Was formerly a "Cadillac Plan", now more like a Toyota.
- GenentechDec 05, 2018StarStarStarStarStar
Great benefit package! Genentech takes good care of their people.
- GenentechNov 14, 2018StarStarStarStarStar
The good thing is that we have resources to do interesting research. Downside is that the organization is becoming bigger with more process
- 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 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 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 17, 2018StarStarStarStarStar
There are no benefits packages for contractors at Genentech
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- CheckmarkHealth Insurance (244)
- CheckmarkDental Insurance (90)
- CheckmarkFlexible Spending Account (FSA) (88)
- CheckmarkVision Insurance (91)
- CheckmarkHealth Savings Account (HSA) (92)
- CheckmarkLife Insurance (92)
- Supplemental Life Insurance
- Disability Insurance
- Occupational Accident Insurance
- Health Care On-Site
- CheckmarkMental Health Care (82)
- Retiree Health & Medical
- Accidental Death & Dismemberment Insurance
Financial & Retirement
- Pension Plan
- Checkmark401K Plan (245)
- CheckmarkRetirement Plan (157)
- Employee Stock Purchase Plan
- CheckmarkPerformance Bonus (92)
- CheckmarkStock Options (85)
- Equity Incentive Plan
- Supplemental Workers' Compensation
- Charitable Gift Matching
Family & Parenting
- CheckmarkMaternity & Paternity Leave (240)
- CheckmarkWork From Home (157)
- CheckmarkFertility Assistance (73)
- CheckmarkDependent Care (82)
- Adoption Assistance
- CheckmarkChildcare (86)
- CheckmarkReduced or Flexible Hours (73)
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- CheckmarkVacation & Paid Time Off (242)
- CheckmarkSick Days (93)
- CheckmarkPaid Holidays (93)
- Volunteer Time Off
- CheckmarkSabbatical (92)
- CheckmarkBereavement Leave (90)
Perks & Discounts
- CheckmarkEmployee Discount (225)
- CheckmarkFree Lunch or Snacks (38)
- Employee Assistance Program
- CheckmarkGym Membership (94)
- CheckmarkCommuter Checks & Assistance (90)
- Pet Friendly Workplace
- Mobile Phone Discount
- CheckmarkCompany Car (18)
- CheckmarkCompany Social Events (91)
- CheckmarkTravel Concierge (89)
- Legal Assistance
Professional Support
- CheckmarkDiversity Program (84)
- CheckmarkJob Training (91)
- CheckmarkProfessional Development (90)
- Apprenticeship Program
- CheckmarkTuition Assistance (93)
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