Sage Therapeutics Employee Benefits and Perks | Glassdoor

Sage Therapeutics Benefits

Location: US
12 Ratings

Employer Summary

When it comes to our employees’ health and well-being, Sage delivers! Our team has the tools they need to stay healthy, plan for the future and develop professionally.

Sage has designed a benefit and wellness package with employees and their families in mind. It is meant to assist employees in staying healthy, planning for the future, and developing their career. It is one of many ways Sage demonstrates our commitment our employees' health, well-being, and overall satisfaction.

To see more details about the benefits Sage offer use the link below.

Employee Benefit Reviews

Most Commented

  • Nov 07, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    No complaints - benefits are awesome!

  • Oct 19, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Benefits geared to younger employees - no long-term care insurance

  • Jun 21, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Truly unlike any other policy I've seen. Cost per pay period for 1 person is ~$50 and the company covers your deductible. Competitive dental and vision plans as well. They also offer spectacular parental benefits and disability packages.

    Sage Therapeutics Response

    We take great pride in the well-being of our people and their families. One of our core values is Put People First and we believe that our benefits help us do that. We’re so glad to have Sageans like you that appreciate what Sage has to offer. Thank you for your kind review. - Pete

  • May 30, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Vacation time, wellness benefits and insurance are excellent

    Sage Therapeutics Response

    Our commitment to well-being is crucial to the success of Sage. Having a comprehensive total rewards program allows us to offer our employees both benefits and perks such as discretionary paid time-off, sabbatical after 5 years, fitness challenges and classes, yoga, massages, excellent parental leave and strong insurance coverage. After all, our success is based on your overall health and well-being. Thanks, Pete

  • Apr 03, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    The onboarding options package can be hit or miss depending on the stock market. The day you join can significantly impact what your compensation is like for the next 4 years.

    Sage Therapeutics Response

    Thank you for your open and honest feedback. Stock option grant prices are set on the day grants are approved which is the first of the month following hire date so we have no control over the grant price. Our equity grants are long-term incentives intended to allow Sageans to participate in the value we create over a number of years. Currently all employees are not only eligible for a new hire equity award but also an annual equity award. All equity awards include a time-based stock option grant, and a performance restricted stock unit (PSU) grant that vests in shares of Sage Restricted Stock based on achievement of strategic milestones. We strive to have a competitive program with the amount of equity granted on an on-going basis, and in the mix of different award types granted. Thanks, Pete

  • Feb 28, 2019
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    Free lunch with happy hours

    Sage Therapeutics Response

    Yes, Sageans do like to eat and have fun. Hopefully, you’ve also been able to take advantage of some of our other perks including summer kayak passes, the running club, museum passes, summer sizzlers and other fun family-friendly outings. We believe in taking care of Sageans and our commitement to well-being and increased quality time with your loved ones is on the top of our mind as we develop new offerings. -Pete

  • Oct 08, 2018
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    The package includes everything you can think of and all details are listed on their website, which I h ave never seen before.

    Sage Therapeutics Response

    So glad that you feel so strongly about our total rewards program. We care greatly about Sageans and know that the more we invest in you, and educate and communicate what is available, the better able we’ll be at achieving the purposeful work that we have taken on. -Pete

  • Jul 24, 2018
    StarStarStarStarStar Current Employee in Cambridge, Massachusetts

    The parental leave package is generous in comparison to other biotechs!!

    Sage Therapeutics Response

    Time with family is incredibly important to Sage. We continue to think of new ways to improve our parental leave time and benefits. Recently we increased the total amount of leave for a primary and secondary care giver, and we setup a transition time back to work that includes several weeks of part time work to ease your transition. However, our family-centric approach doesn’t end here. We also have a number of benefits and perks that we hope you use to enjoy time with your family like museum and kayak passes, Friday summer sizzlers and family outings. Thank you for your contribution! -Pete

  • Jun 06, 2018
    StarStarStarStarStar Current Associate Director in Cambridge, Massachusetts

    There isn’t a thing that Sage doesn’t cover. Andvtheir parentsl leave benefits are unmatched. They really are doing their best to ensure better postpartum mental health, completely from their employees to the patients they are trying to help in their clinical trials.

    Sage Therapeutics Response

    Put people first! That’s one of our core values and we take it seriously. We’re happy that you appreciate the total rewards program we have put together for Sageans. We're working towards something incredibly special which requires everyone to give consistently their best. To do this we appreciate what it takes to be at your best, which is why we collectively prioritize your health and well-being beyond the working day. -Pete

  • Oct 23, 2017
    StarStarStarStarStar Current Manager Development Systems in Cambridge, Massachusetts

    Beast - Health Worse - nothing

Benefits Summary

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

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Insurance, Health & Wellness

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (10)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • CheckmarkStock Options (6)
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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