Formation Bio
Formation Bio Compensation & Benefits
What People Are Saying About Formation Bio
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Parental & Family Support: Parental leave is notably generous, with 18–20 weeks for birthing parents and 12 weeks for non-birthing parents highlighted on the company’s materials. This is positioned as a standout element of the package.
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Healthcare Strength: Healthcare coverage includes medical, dental, and vision insurance for full-time employees. Descriptions characterize this coverage as strong on paper.
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Leave & Time Off Breadth: Flexible/unlimited PTO is explicitly offered and framed as time employees are trusted to take to recharge. This approach emphasizes flexibility rather than fixed accruals.
Formation Bio's Benefits
Offers company equity
Offers competitive compensation and rewards package
Provides home-office stipend for remote employees
Provides pay transparency
Offers generous parental leave
Provides an onsite Mother's Room
Offers dental insurance
Offers Flexible Spending Account (FSA)
Offers health insurance
Offers Health Savings Account (HSA)
Offers vision insurance
Offers 401(K)
Offers life insurance