Xero
Xero Benefits Overview
Diversity of people brings diversity of thought, and we like that. Our human-first culture of respect, fairness, and inclusion is what helps Xeros thrive and work and beyond. Offering very generous paid leave to use however you’d like (plus statutory holidays!), dedicated paid leave to care for your physical and mental wellbeing as well as an Employee Assistance Program to access mental health care for you and your family, employee resource groups, wellbeing programming and allowances, medical, dental, vision, and disability insurance, fertility and family forming financial support, 401k contribution matching, 26 weeks of paid parental leave for primary caregivers, an Employee Share Plan, beautiful offices with snacks and break areas, flexible working, career development and many other benefits that reflect our human value, you’ll do the best work of your life at Xero.
Compensation + Benefits
Offers 401(K)
Offers disability insurance
Xero's long and short term disability plans provide income protection at 60% of annual base salary
Provides free access to retirement planning tools
Provides 401(K) matching
Xero will match 100% on the first 3% contributions plus 50% match on next 2% of contributions
Offers life insurance
Provided to Xero employees at no cost. Coverage for each employee of 2x annual base salary up to $500,000
Offers supplemental life insurance
Provides adoption assistance
We partner with Carrot for fertility and adoption assistance.
Offers generous parental leave
26 weeks paid parental leave.
Provides fertility benefits
Provides family medical leave
Provides a post-parental leave return-to-work program
Offers company equity
All Xero employees are granted Restricted Stock Units at a certain percentage of their base salary which vests over a 3 year period
Promotion-related pay increases clearly defined
Offers competitive compensation and rewards package
Geographic pay differences are clearly defined and explained
Offers dental insurance
Cigna dental PPO plan
Offers health insurance
Xero offers a variety of health plans including Cigna HSA, Cigna PPO, and Kaiser HMO for Colorado and California employees
Offers vision insurance
VSP vision plan
Offers immediate health care coverage on employee start date
Offers Flexible Spending Account (FSA)
Xero allows employees to set aside pre-tax dollars for medical and dependent care expenses. $2,650 annual limit for healthcare FSA
Offers pet insurance
Offers mental health benefits
Concern EAP benefits for all employees
Company Culture
Provides commuter benefits
Set aside pre and/or post tax dollars for commute related transit, parking and bike expenses
Some meals provided
Meals provided on Boost Days from a variety of local vendors
Provides free snacks and drinks
You find a variety of fruit, chips, nuts, snack bars, sodas and iced tea in the Xero kitchen
Has a dedicated diversity and inclusion staff
Has a documented equal pay policy
Mandated unconscious bias training
All Xero employees will complete online unconscious bias training during on-boarding
Hiring practices promote diversity
The talent and leadership teams at Xero are committed to building diverse talent pipelines that reflect the communities we serve.
Has a diversity manifesto
Has a highly diverse management team
42% of Xero's leadership team is female, while our Board of Directors maintains an equal gender balance. Xero was included in Bloomberg's 2020 Gender Equality Index report.
Offers diversity-based Employee Resource Groups
Our ERGs span all regions Xero operates within
Has a diversity recruitment program
Utilizes a flexible work schedule
Work flexibly, thrive fully at Xero. Flexible working at Xero covers a wide range of formal and informal arrangements – including remote working, hybrid work, adjusted hours, and part-time roles.
Utilizes a hybrid work model
Established expectations for communication between time zones
Provides work from home flexibility
Offers a remote work program
Async-friendly policies, culture that encourage work flexibility
Flexible work schedule is defined with set expectations for start times, working hours and availability
Utilizes an open door policy that encourages accessibility
Engineering team utilizes pair programming
Uses an OKR operational model to clearly define goals and priorities
Defined values and mission statements
Prioritizes mission-driven work in decision-making processes
Leadership is transparent and communicative
Mistakes are treated as learning opportunities
Open office floor plan to encourage communication and collaboration
Implements team-based strategic planning
Documented operating principles
Promotes a people-first, social culture
Prioritizes real-world impact of work in decision-making processes
Leadership encourages open, transparent debate
Documented policies and procedures to protect employee privacy and data
Quarterly engagement surveys to gauge employee satisfaction
Managers offer consistent feedback loops
Provides resources to build team camaraderie
Employee feedback used to shape policies and strategy
Established employee awards to honor work and contributions
Company or teams have recognition rituals for individual work
Encourages autonomy and ownership from employees
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Annual holiday party, as well as a summer celebration!
Offers fitness stipend
Our monthly health reimbursement plan can be used towards your fitness membership or a variety of other health related wellness programs
Offers team workouts
Offers Employee Resource Groups
Provides onsite meditation space
Offers wellness initiatives designed to combat burnout and mental fatigue
Offers an Employee Assistance Program (EAP)
Provides opportunities to volunteer in the local community
Xero employees are given a day off each year to volunteer in their communities.
Offers company-sponsored happy hours
Offers wellness programs
Xero will fund up to $300 annually in employee health reimbursement account to be used toward a health improvement activity including gym membership, mental, physical or financial health
Has employee-led culture committees
Works with employees to create a sustainable work pace
Flexibility provided during personal challenges
Offers generous PTO
Xero offers 21 days of paid time off, 10 wellness days, as well as 11 paid holidays per calendar year. We also participate in a company wide shut down between Christmas and New Years Day
Provides paid holidays
Provides wellness days
Utilizes company-wide vacation
You get extra days (on the house) during our end of year shutdown period.
Provides sick leave
Offers paid volunteer time
Xero encourages employees to give back to our communities by providing 8 hours of paid volunteer time per year
Provides paid sick days
Each employee is granted 10 wellness days per year in addition to our generous PTO
Offers a flexible time off policy
Procedures in place to ensure employees utilize PTO
Career Growth + Development
Provides customized development tracks
Posts new positions internally and encourages employees to apply
Promote from within
Encourages lateral mobility to expand skills and impact
Job training & conferences
Teams have budget set aside each year to support growth and up-skilling
Hosts Lunch and Learns
Provides structured onboarding for new employees
Encourages knowledge sharing and cross-functional collaboration
Managers hold regular development check-ins
Offers mentorship program
Provides personal development training
Supports employee-driven initiatives, not just top-down priorities
Defines roles and sets expectations for success
