SoFi Employee Benefits and Perks | Glassdoor

SoFi Benefits

Location: US
4.4
StarStarStarStarStar
59 Ratings

Employer Summary

SoFi offers a variety of benefits to support you and your family in attaining and maintaining good health, preparing for your financial future and safeguarding your wealth and security. SoFi benefits are among the top 1% of all employers, with 100% company paid premiums for medical, dental, vision, life insurance and disability insurance for yourself as well as for your eligible dependents.

In addition, SoFi provides a $200 monthly contribution deposited by the company to your loan institution to help you pay off your student loans. We'll also cover tuition costs for approved programs up to $5,250 per year. We believe in giving the team time to relax by providing generous vacation and holidays. Other great benefits include catered lunches, travel assistance, flexible spending accounts, subsidized gym memberships and much more.

All full-time employees and dependents are eligible for benefits starting the first of the month following date of hire.


Employee Benefit Reviews

Showing 1–10 of 60 comments

Most Commented

  • Health Insurance  (27 comments)

    “Zero dollar premiums with up to 3 different plans to choose from. A preferred provider only plan, a higher copay with in network providers and out of...”

  • Free Lunch or Snacks  (20 comments)

    “Amazing snacks. Well stocked in two locations in the building. Healthy snacks, quick energy snacks, and tons of energy drinks”

  • Vacation & Paid Time Off  (18 comments)

    “Excellent time off. Only given 4 days of actual sick leave, but working from home is encouraged instead of coming into the office sick”

  • Feb 18, 2019
    StarStarStarStarStar Current Employee in Helena, Montana

    SoFi pays up to $200 per month in addition to your normal student loan payment. Sofi provides $12 (after taxes) per day for lunch. Up to $5k per year for continuing education (lifetime maximum of 25k) Zero dollar insurance premiums for single and family.this includes vision and dental. Life insurance. 401k. No company match yet. Very well stocked kitchen with snacks and energy drinks. Coffee Choice of two 27” crystal clear monitors, a 34” curved monitor, or a big screen 4K monitor. Noise cancelling headphones MacBook Pro.

  • Feb 07, 2019
    StarStarStarStarStar Current Employee in San Francisco, California

    The free medical coverage is awesome.

  • Jan 28, 2019
    StarStarStarStarStar Current Employee in Cottonwood Heights, Utah

    Best: Medical is the best hands down. No contribution from paycheck and copays with low deductible. Quarterly bonuses. Lunch card provided $120 loaded every paycheck. Student loan repayment ($200/month). Tuition assistance. Free snacks/beverages in the break rooms. Worst: No 401k matching and only 6 weeks parental leave.

  • Jan 10, 2019
    StarStarStarStarStar Former Employee in Cottonwood Heights, Utah

    Overall, great benefits package! Best part by far is that all medical, dental, and vision premiums are 100% paid by the company for each employee and all dependents. Traditional plans are offered as well as HSA and FSA, and the company contributes to your HSA if you choose that option, although I'm not sure how much. They provide $12/day ($120 every two weeks) for meals, which is loaded onto a pre-paid debit card and can be used for anything. I took my family on vacation with the money! Some positions are allowed to work from home, but that seemed to be rare throughout the company (at least on a full-time basis). Non-exempt employees start with 15 days of PTO a year and get an extra day each additional year with the company up to 20. Three use it or lose it sick days. Exempt employees have "unlimited" PTO. Tuition reimbursement up to $5,250/year and $25,000 lifetime, and classes do not necessarily have to be related to job functions. FSA also offered for commuting in addition to medical expenses. They offer stock options, but not worth much yet as company hasn't gone public. A 401k is offered but there is no match. No maternity/paternity leave program offered, just have to abide by state and federal laws. I used PTO to take a week off after my baby was born. Offices are fully stocked with snacks and drinks.

  • Nov 27, 2018
    StarStarStarStarStar Former Customer Relationship Manager in Holladay, Utah

    The benefits were great, made the job even better and just the coverage for me and my 3 kids and fiance was worth it. Great company, Great Benefits and they pay it all.

  • Nov 20, 2018
    StarStarStarStarStar Current Employee in Helena, Montana

    The benefits are impossible to beat - I have looked at other companies and we have the most benefits and the greatest value by far

  • Oct 27, 2018
    StarStarStarStarStar Current Employee in Cottonwood Heights, Utah

    Absolutely amazing benefits! They are currently 100% Paid for by SoFi and its is amazing insurance. They don't match your 401K, but the other benefits outweigh that.

  • Jul 19, 2018
    StarStarStarStarStar Current Employee in San Francisco, California

    Awesome benefits package and perks

  • Jul 15, 2018
    StarStarStarStarStar Current Customer Service Representative in Cottonwood Heights, Utah

    Health benefits are 100% paid for by the company!

  • Jun 27, 2018
    StarStarStarStarStar Current Employee in Millcreek, Utah

    No 401k match, only 3 sick days a year, then you go on a final.

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 (43)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • CheckmarkPerformance Bonus (21)
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

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