Formation Bio

HQ
New York
Total Offices: 2
150 Total Employees
50 Product + Tech Employees
Year Founded: 2014

Formation Bio Compensation & Benefits

Updated on October 26, 2026

Formation Bio's Candidate Tradeoffs

If you’re weighing whether Formation Bio is the right fit, these are the core tradeoffs to consider.

  • Formation Bio places greater emphasis on structured pay bands than on individually negotiated compensation increases.

What People Are Saying About Formation Bio

  • Parental & Family Support: Paid parental leave is presented as 18–20 weeks for birthing parents and 12 weeks for non-birthing parents; feedback suggests this is a standout element of the package.
  • Leave & Time Off Breadth: Time off is positioned as flexible or unlimited to let employees take the time they need. Feedback suggests this flexibility is valued.
  • Healthcare Strength: Medical, dental, and vision coverage are offered to full-time employees. Feedback suggests the health plan is regarded positively.

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