Bonusly
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Benefits at Bonusly
First and foremost, we want our employees to feel financially secure and covered for big life events such as having kids. To that end, we aim to provide core compensation that meets or exceeds market rates for a company at our stage. Core compensation includes: salary, equity (every employee gets stock options), fully covered Health/Dental/Vision benefits, 401k with matching, unlimited vacation policy with 2-week minimum, family leave policy. And of course, everyone in the company gets Bonusly (our peer bonus and recognition platform, exchangeable for real gift cards and money) to allocate each month!
Secondly, we want our employees to be productive, motivated, healthy, and satisfied with their lives and their work. To that end we aim to provide perks and benefits that are scalable and sustainable, and promote: autonomy, mastery, purpose, belonging, and wellness. Every employee gets an annual budget for wellness and continuing education/development.
Financial + Retirement
401(K)
401(K) matching
Bonusly offers a 401k with employer matching through Guideline. Bonusly matches 100% of the first 3% contributed, and 50% of the next 2% (for a max employer contribution of 4%).
Company equity
Charitable contribution matching
Bonusly users can donate their earnings to causes they care most about. In 2020, Bonusly users have donated over $139,000 to the NAACP LDF, including a $25,000 donation match from Bonusly.
Performance bonus
We use our own product! Every employee has a generous monthly budget of Bonusly give out as bonuses to their colleagues. You can redeem your earnings for gift cards, cash, and charitable donations.
Child Care + Parental Leave
Childcare benefits
New parents (mothers or fathers) can bring their immobile infants to work with them. Your new little one is welcome to tag along to work until six months or crawling, whichever comes first.
Family medical leave
We offer up to 12 weeks of unpaid, job-protected leave, as well as health benefits for employees eligible under the Family and Medical Leave Act (FMLA).
Generous parental leave
Parental leave is for any kind of parent, mother or father, by birth, adoption, or surrogacy. We offer 9 weeks paid parental leave, to be taken anytime during your child's first 6 months.
Office Perks
Commuter benefits
Our Boulder employees get a free EcoPass for unlimited usage of RTD services.
Company-sponsored outings
We host an annual holiday party, frequent happy hours, an annual Coworking Week filled with outings, activities, and learning, and annual team retreats.
Fitness stipend
Bonusly will reimburse approved wellness expenses (e.g. gym membership, yoga classes), up to $500 per employee per year. Employees can also get a discount at Movement Climbing + Fitness in CO.
Company-sponsored happy hours
We have frequent happy hours with the team, to welcome new employees and celebrate successes.
Onsite office parking
We have unlimited free parking across the street from our offices.
Pet friendly
We love our pets. There's usually at least one dog in the office each day, and we have Slack channels for pet owners and lovers to share photos and stories. We once crowdfunded a colleague's vet bill.
Relocation assistance
We offer generous after-tax relocation bonuses to new hires who are moving to work at Bonusly.
Free snacks and drinks
We have coffee, tea, Red Bull, kombucha, sparkling water, fruit-infused water, and beer on tap, and a weekly fruit delivery, plus frequent homemade snacks that people bring in!
Some meals provided
During COVID-19, we reimburse $40/week for meals while we're remote. Otherwise, we have weekly team meals and breakfast.
Home-office stipend for remote employees
We offer a one-time $300 stipend for WFH set up.
Professional Development
Continuing education stipend
Customized development tracks
Job training & conferences
Bonusly will reimburse approved professional development expenses, up to $2,000 per employee per year.
Paid industry certifications
Promote from within
Lunch and learns
Continuing education available during work hours
Diversity
Dedicated diversity and inclusion staff
Diversity manifesto
Documented equal pay policy
Highly diverse management team
We have a leadership team under the CEO that is 50% female, and have a DEI Advisory Group that meets on a regular basis to advise the leadership team on ongoing DEI effort
Mean gender pay gap below 10%
Mandated unconscious bias training
Beginning in 2020, we require all employees at minimum complete unconscious bias training as well as interview training (before people interview) to understand the process for how we reduce bias.
Diversity employee resource groups
We have a Diversity, Equity, and Inclusion Advisory Group compromised of team members across each department. They meet on a bi-weekly basis to discuss and implement DEI initiatives company-wide.
Hiring practices that promote diversity
We utilize sites/tools like Mathison.io, have created an inclusive hiring process, and a DEI interview for all employees, people managers/higher level individual contributors go through a longer one.
Health Insurance + Wellness
Dental insurance
We cover 99% of monthly dental insurance costs for the employee.
Disability insurance
We cover short-term and long-term disability coverage.
Flexible Spending Account (FSA)
Bonusly employees can contribute up to the IRS maximum annually to their FSA for both health and dependent care.
Health insurance
We offer a top-of-the line PPO plan and cover 99% of monthly insurance costs for the employee. Covered costs differ when it's employee + spouse/children/family.
Life insurance
We cover basic life insurance and offer an ability to increase coverage up to $300k
Team workouts
When together our team does things like go to the climbing gym together, hold in-office meditations, goes on hikes around Boulder, or paddleboarding.
Vision insurance
We cover 99% of monthly vision insurance costs for the employee.
Wellness programs
We provide our employees with a budget of $500/yr per person to use toward wellness expenses (fitness classes, personal training, clothing, equipment, coaching, apps, etc.)
Mental health benefits
Our insurance covers most counseling premiums. We also offer a yearly $500 wellness stipend that can be used for mental health support.
Culture
Volunteer in local community
Bonusly participates in local volunteer activities ranging from Earth Day cleanups to projects at the Humane Society of Boulder valley to helping out with Boulder Startup Week.
Flexible work schedule
Bonusly believes that you know when and where you work best, and we give you the freedom to set your own schedule.
Open door policy
Open office floor plan
Pair programming
Partners with nonprofits
Bonusly partners with nonprofits through the Reward Catalog in our product. Our users have donated over $890,000 to nonprofits, including more than $157K for the NAACP LDF and $160K to the WHO.
Remote work program
Bonusly believes that you know when and where you work best, and we give you the freedom to set your own schedule and work from home when you need to. We also have two remote offices in NY and Seattle
Team based strategic planning
OKR operational model
Vacation + Time Off
Generous PTO
We set a minimum expected vacation. Our expectation is that everyone (including founders and early hires) will take a minimum of 2 weeks (10 days) vacation per year.
Paid volunteer time
Paid holidays
Paid sick days
Unlimited vacation policy
