Possible Finance
Benefits at Possible Finance
About Possible: We are a fast-growing fintech startup that believes financial health is something everyone deserves, not just the affluent. We're committed to empowering the underserved with tools to better their economic situation. We promise to be transparent, serve with kindness, be responsible, and hold ourselves accountable for creating positive change. Possible is backed by leading investors such as Union Square Ventures, Canvas Ventures, and FJ Labs. Benefits (for US-based employees): Joining a mature venture-backed startup does not mean you will sacrifice on benefits. We offer excellent medical, dental, and vision coverage and pay 85% of employee premiums and 50% of eligible dependent premiums. We also offer childcare and healthcare FSAs; life and disability (short- and long-term) insurance; an Employee Assistant Program; and a 401(k) plan.
Financial + Retirement
401(K)
US team members have access to a 401(k) via Fidelity, with both pre-tax and Roth options.
Company equity
All team members (at all levels and in all geographies) have the opportunity to be awarded equity on-hire or to reward promotions, performance, or tenure.
Performance bonus
The bonus is annual, paid out in Q1 of the following year. For Philippine team members, the government mandated 13th month pay is being implemented aside from the annual bonus.
Office Perks
Commuter benefits
ORCA pass for public transit or $250/month for parking
Company-sponsored outings
Fitness stipend
Annual wellness allowance. US and Canadian team members: $400 USD International team members: $200 USD Philippines based team members: 11,000 PHP
Free daily meals
Lunch provided on in-office days
Pet friendly
Free snacks and drinks
Provided on in-office days
Home-office stipend for remote employees
Annual stipend for remote work setup. US & Canada: $300 USD. Int'l: $100 USD. Philippines: PHP 8,000 + one-time reimbursements for UPS (PHP 2,500–3,000), port (PHP 1,000–1,500), and internet backup.
Meditation space
Mother's room
Health Insurance + Wellness
Dental insurance
US employees choose from two dental plans (standard or with orthodontic coverage). Philippine team members have basic dental coverage via Maxicare HMO.
Disability insurance
All U.S.-based team members are automatically covered under Unum Short-Term Disability, Long-Term Disability insurance at no cost.
Flexible Spending Account (FSA)
US team members can take advantage of Flexible Spending Accounts (FSAs) — including Healthcare and Dependent Care FSAs.
Health insurance
US employees have 3 medical options: 2 FSA-eligible PPOs + 1 HSA-eligible HDHP. Philippine team members get Maxicare HMO (employee + 2 dependents, 100% company-paid) + free annual physical.
Life insurance
For US employees, life insurance coverage provides $50,000 in Basic Term life insurance for all full-time employees.
Vision insurance
Wellness programs
Annual wellness allowance : US & Canada: $400 USD. International: $200 USD. Philippines: PHP 11,000.
Abortion travel benefits
Reimbursement for travel-related expenses incurred when traveling to another state to obtain an elective abortion.
Child Care + Parental Leave
Family medical leave
Possible pays a significant portion of employee premiums and premiums for covered dependents.
Generous parental leave
US: Birth parents get 16 wks (12 paid + 4 unpaid); non-birth parents get 12 wks. Philippines: Government-mandated Maternity (105 days) & Paternity (7 days).
Return-to-work program post parental leave
Vacation + Time Off
Generous PTO
Employees accrue 2 weeks of vacation annually. After 2 years, this increases to 3 weeks per year.
Paid holidays
Paid sick days
Employee shall also be entitled to seven (7) days of sick leave per year.
Flexible time off
Company-wide vacation
Company wide paid closure between Christmas and New Year
Diversity
Highly diverse management team
Hiring practices that promote diversity
Culture
Open door policy
Team based strategic planning
OKR operational model
Hybrid work model
In-person revenue kickoff
Professional Development
Promote from within
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