PayPal Employee Benefits and Perks | Glassdoor

PayPal Benefits

409 Ratings

Employer Summary

PayPal wants our employees to feel secure in their benefits, and we support your mental, physical, and emotional balance. Best of all, you are eligible for coverage on your date of hire.

Health and Welfare

Our fulltime U.S.-based employees are eligible for a variety of medical, dental, and vision plans, as well as Short- and Long-Term Disability, Life Insurance, and Accidental Death & Dismemberment (AD&D). Coverage choices for medical coverage will vary, depending on your US location. Dental and vision plan choices are available.

Financial Security

Your financial security is important to us, so we offer a variety of options to choose from, including 401k Savings Plan, Employee Stock Purchase Plan, and Flexible Spending Accounts for health care and dependent care.

Time-Off Programs

PayPal recognizes that as employees pass through various life stages, their time away needs change accordingly. We provide support through the following programs:

  • Sabbatical Program: 4 weeks of paid leave after completion of 5 years of service
  • Tracking-Free Vacation: all U.S.-based exempt employees self-manage vacation and work with supervisors to schedule time off.
  • Give Time: After one year of employment, eligible employees are paid 100% of base pay, or 8 hours/year, to volunteer at a qualifying community-based organization
  • Paid Sick Leave
  • Enhanced Maternity Benefit
  • Paid Bonding Leave within the first year of the birth or placement of a child; available to all mothers, fathers, same-sex spouses, and domestic partners
  • Paid Family Care Leave allows paid time off for employees to care for a seriously ill family member
  • Holidays: PayPal observes 10 holidays each year

Additional benefits to support your everyday living include adoption assistance, educational assistance, and employee assistance. We have the added extras too – group legal benefits, identity theft protection, and we even offer pet insurance.

Employee Benefit Reviews

Showing 1–10 of 409 comments

Most Commented

  • May 08, 2020
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Excellent PTO, Great 401k match, good health insurance

  • Apr 15, 2020
    StarStarStarStarStar Former Senior Technical Product Manager in Timonium, Maryland

    PayPal has an excellent benefits package. Good health insurance that is significantly funded by the company. Excellent 401(k). PTO is not tracked for most employees; you and your manager agree on vacation or away time. I never had a request denied. In addition to the PTO, which is very liberal, they have a sabbatical policy. One month away every five years, fully paid as if you were at work.

  • Apr 13, 2020
    StarStarStarStarStar Former Employee in San Jose, California

    The benefits are good. The overall package is very good

  • Apr 11, 2020
    StarStarStarStarStar Current Customer Service Representative in Chandler, Arizona

    Paid one month Sabbatical every 5 yrs

  • Apr 06, 2020
    StarStarStarStarStar Former Employee in San Jose, California

    401k benefits are best in the industry

  • Mar 20, 2020
    StarStarStarStarStar Former Senior SQA Engineer in Austin, Texas

    Health Insurance covarage is pretty good . 401k contribution is nominal

  • Mar 14, 2020
    StarStarStarStarStar Current Employee in Omaha, Nebraska

    All the typical silicon valley-based company perks are there: inexpensive medical, good 401k, stock programs, and the 1-month sabbatical every 5 years is icing on the cake.

  • Mar 16, 2020
    StarStarStarStarStar Current Employee in La Vista, Nebraska

    low cost insurance and good time off plan

  • Mar 26, 2020
    StarStarStarStarStar Current Employee in San Jose, California

    the best is unlimited time off

  • Mar 28, 2020
    StarStarStarStarStar Current Department Manager Supervisor in San Jose, California

    The health insurance is great.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

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