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 06, 2026

What People Are Saying About Formation Bio

  • 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.
  • Healthcare Strength: Healthcare coverage includes medical, dental, and vision insurance for full-time employees. Descriptions characterize this coverage as strong on paper.
  • 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