Colossal Biosciences
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Benefits at Colossal Biosciences
Colossal provides an extensive benefits package to all our employees. Our lab locations have kitchens stocked with everything from free snacks, drinks, and coffee/tea. Some even have bean to cup coffee machines. All of us have one main perk - the opportunity to help restore the earth to a healthier state.
Financial + Retirement
401(K)
Colossal employees are immediately eligible to participate in our 401(k) program offering a broad selection of options to choose from for investing.
401(K) matching
Colossal matches employee contributions for a total of a 4% match of their annual base salary with immediate vesting for matched contributions.
Company equity
Colossal offers stock options to all new hires upon joining the organization.
Child Care + Parental Leave
Adoption Assistance
Colossal's adoption assistance program provides reimbursement of eligible expenses of up to $1,500 annually.
Family medical leave
Colossal offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee as per Family & Medical Leave Act (FMLA) eligibility.
Generous parental leave
Colossal offers 12 weeks of paid parental leave for new parents.
Office Perks
Commuter benefits
Colossal's commuter benefit program allows employees to save on work commute by paying for eligible mass transit/parking expenses with pre-tax dollars.
Company-sponsored outings
Colossal employees get together for dinners, trips to the zoo, bowling, and other events.
Company-sponsored happy hours
Colossal employees get together from time to time for happy hour when the mood strikes!
Onsite gym
Onsite office parking
Colossal buildings all have convenient parking on-site or very close to our location.
Relocation assistance
Colossal offers relocation assistance including reimbursement of your relocation related expenses.
Free snacks and drinks
Colossal has a stocked kitchen including coffee, tea, and snacks in most of our locations.
Some meals provided
Home-office stipend for remote employees
Colossal employees are eligible to purchase and be reimbursed up to $250 for basic necessary office equipment to enhance their remote office.
Professional Development
Continuing education stipend
Colossal's education assistance program offers up to $5,000/year for continuing education.
Job training & conferences
Promote from within
Lunch and learns
Colossal employees have the option to attend a monthly catered lunch and learn either on-site with their local team or virtually. Remote employees get a gift card for lunch.
Tuition reimbursement
Colossal's education assistance program offers up to $5,000/year for continuing education.
Health Insurance + Wellness
Dental insurance
Colossal dental plan through UnitedHealthcare Dental covers 100% of the cost of all preventative and diagnostic services.
Disability insurance
Colossal's disability insurance benefits covers 60% of an employee's annual salary.
Flexible Spending Account (FSA)
Colossal's Flexible Spending Account (FSA) provides employees an option to cover out of pocket medical expenses with pre-tax contributions up to $2,750 annually.
Health insurance
Colossal employees have the option to choose from a variety of health insurance benefits that include prescription coverage. Some of the plans are at no out of pocket cost for employee premiums.
Life insurance
Colossal employees are automatically covered for $50,000 in life insurance at no cost to them for the duration of employment.
Team workouts
Team workouts might not be a regular thing at Colossal - but we participated in a virtual 5K in support of World Elephant Day. Employees in Dallas met up at a local park to do the 5k together.
Vision insurance
Colossal's vision insurance plan through VSP provides 100% coverage for annual eye exams after a $15 copay.
Wellness programs
The Sanvello app is available to Colossal employees at no extra cost as part of our plan’s behavioral health benefits.
Mental health benefits
Colossal provides an Employee Assistance Program (EAP) as well as a no cost 1 year subscription to Peloton for workouts through our insurance provider. We also provide the Sanvello app.
Culture
Volunteer in local community
Colossal employees in Dallas spent time with the Texas Conservation Alliance to restore critical prairie habitats on earth day. We also participated in the virtual World Elephant Day 5K.
Flexible work schedule
Open door policy
Open office floor plan
Remote work program
Colossal has some fully remote employees and allows others to work remotely as needed pending their manager's discretion.
Team based strategic planning
OKR operational model
In-person all-hands meetings
In August 2023, we had our first in person all-hands meetings in Dallas, TX. We had the opportunity to hear company updates, watch a movie, attend training, and go to the Dallas Zoo.
Vacation + Time Off
Paid holidays
Unlimited vacation policy
Diversity
Mandated unconscious bias training
Our interview training program includes training on unconscious bias.
Hiring practices that promote diversity
Our staff are trained in interview training to be made aware of unconscious bias. All candidates for a given position meet the same people and get the same core questions to promote fairness.
