Benefits are quite good: 401K (no matching unfortunately), unlimited vacation, etc. The one thing that was frustrating was employees were told on being hired that they would get yearly bonuses however, this is dependent on money from investors and so no one knows at the end of the year if they will actually get a bonus and if so when that will happen. Management does not do a good job of communicating what is happening with bonuses.
They don't explain the packages well enough for you to make a good choice for your family. My feeling is they don't want to steer you towards the most expensive package for them.
Good benefits, especially for a startup
Great vacation/time off policy, health coverage is ok, not great. All bank/school paid holidays. Bring your dog to work option. Flexible schedule start/end times and have a paternity/maternity policy that is 8 weeks for parents
Insurance plan was better than many other employers I had
Average cost health care but great opportunity for stock option purchases and a newly added 401K. No matching yet, but the company is still young. Maternity/Paternity leave is a great benefit for those with families.
"Unlimited" vacation (this extremely varies by supervisor and department), paternity leave, ev subsidiary and the bonuses are the only perks. You are basically better paying for your own health insurance, the plans offered by Local Motors is not competitive to what you can find in the market. Bonus amounts vary by how much money the company has from investors for that particular year. They never have given bonuses the same time every year. Bonus amounts are determined by how well you treat/respect your supervisor (or supervisors assistant) and not performance based ie: determined by how much work you actually do for the company. They do have an EV subsidiary but it varies by your job title and is on a case by case basis with bias involved; for example, a director of micro-factory got the subsidiary instantly whereas an engineer had to wait several months before initiation. I had a co-worker get denied for a PHEV BMW SUV and another get approved for the same PHEV vehicle ie Chevy Volt. The Chandler facility has no way to charge vehicles and is way behind the times on employee electric vehicle charging infrastructure compared to the Knoxville facility. Not a very vehicle friendly workplace like it used to be, but is grandfathered in for some employees. Dog friendly workplace but it is up to the HR directors discretion. No job training for mechanical engineers for the obscure Siemens software they use. They used to have a free employee healthy snack room and a fitness specialist as part of the team but got rid of both programs. Had excellent events for all employees ie: entry to SEMA! and other vehicular related events for all employees but they got rid of that and replaced it with bowling and free pizza.
Flexible/ unlimited vacation time. They offer dental, health and eye care. They have HSA saving accounts. They offer an 401K but it doesn't match. Local Motors has a great paid life insurance long and short term disability plan. They sponsor some social events and celebrate birthdays and holidays. They offer employee discounts but it always changes. They offer company clothing case by case. They offer a $250 monthly stipend for employees who lease or own an electric vehicle. They have a great paid time off parental leave benefit, it covers men, women, pregnancy and adoption. They have some locations that have dog-friendly offices. They do have some work from home capabilities for some positions but it varies from different positions since positions change all the time. They offer annual bonuses but they don't have a salary timeline. Don't expect to receive a raise for 2-3 years even if you provided tangible accomplishments and showed value and received full bonus every year. It is confusing to be successful throughout each quarter but not be rewarded. They treat new hires very well but they never honor long term team member's. They sometimes don’t honor their commitments. They sometimes fail to challenge people intellectually. When talented and intelligent people find themselves doing things that are too easy or boring, they seek other jobs that will challenge their intellects. They sometimes fail to develop people’s skills and there needs to be more mentorship opportunities. They will provide educational loans but they will not pay for continued education. They don’t let people pursue their passions so sometimes talented team members are under utilized. Management may have a beginning, but it certainly has no end. When you have a talented team member, it’s up to you to keep finding areas in which they can improve to expand their skill set. The most talented employees want feedback—more so than the less talented ones—and it’s your job to keep it coming. If you don’t, your best people will grow bored and complacent. If you want your best people to stay, you need to think carefully about how you treat them. While good employees are as tough as nails, their talent gives them an abundance of options. You need to make them want to work for you. Overall, if you get the opportunity to work for Local Motors, be thankful. They are competitive and the only thing they should consider for the future is 401K matching and purchasing stock for their employees. They should also have a yearly salary review. Have fun and welcome to the Local Motors family.
It's getting better - recently added $250 EV credit and 8 week paternity leave.
Pros: Unlimited vacation time $250 monthly stipend for employees who lease or own an electric vehicle Paid parental leave benefit (covers men and women, pregnancy and adoption) Dog-friendly offices Annual bonuses Work from home capabilities for some positions Casual work environment Recently-launched 401k (though no company match at this time) Company-paid life insurance and long and short term disability Company-sponsored social events Cons: Health insurance is expensive, typical for newer companies
List based on reports from current and former employees. It may not be complete.