Lob
Lob Benefits Overview
We know Lob’s success depends on the happiness of our employees, and we strive to ensure everyone has the opportunities they need to succeed professionally and personally. We prioritize: - making medical coverage effective on the first day of work - top-tier medical coverage for employees and dependents - providing fertility benefits - paid parental leave of 16 weeks - generous annual company-wide days off in line with our values - a monthly health and wellness benefit - work from home office stipend for new hires Being a benefits leader is a strategic priority for us at Lob, and we continue to look for ways to push the envelope when it comes to the personal and professional growth of our employees.
Compensation + Benefits
Offers 401(K)
Offers life insurance
Lob-sponsored life insurance through Guardian covers 1x annual salary (up to $250k).
Offers disability insurance
Short-term and long-term disability through Guardian is provided for free for all full-time employees.
Provides adoption assistance
We partner with Carrot Fertility who assists in all aspects in family planning.
Hosts company-sponsored family events
With family picnics, virtual Halloween contests and lunch time read-a-louds over zoom there is sure to be something for your kiddos to enjoy at Lob. Also unlimited access to cuddly office doggos.
Offers generous parental leave
Lob offers 16 weeks paid parental leave to all parents welcoming a new kiddo to their family.
Offers childcare benefits
Lob offers a temporary $250/month childcare stipend while schools are remote. This stipend can be used for anything from babysitters to daycare to virtual electric guitar lessons.
Provides family medical leave
In addition to FMLA, our compassionate leave policy includes paid leave in the event of the loss of a family member or loved one - including your pet.
Provides fertility benefits
Offers company equity
Lob offers equity to all benefits eligible employee! We provide RSUs to our new hires, vesting over a four-year period. Additionally, we grant performance equity grants.
Provides home-office stipend for remote employees
Remote-only roles are offered a $1000 home office stipend on top of the standard equipment provided for all employees.
Offers performance bonuses
Provides pay transparency
Offers dental insurance
Dental coverage is provided by Guardian.
Offers health insurance
We offer three options with BlueCross BlueShield and Kaiser. We cover 90% of premiums for employees and 70% for dependents. We contribute $50/month toward your HSA ($100/month for HSA family plans).
Offers mental health benefits
Free mental health programs and services - including counseling sessions - are provided to employees and all members of their households through our employee assistance program (Magellan).
Offers Flexible Spending Account (FSA)
Offers vision insurance
Vision coverage is provided by VSP.
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Our Party Planning Committee puts on wide ranging events throughout the year to fit a variety of interests. Trivia, fitness challenges, sangria making, happy hours, special guest speakers, you name it
Offers fitness stipend
Lob offers a monthly Wellness Stipend of $100 per person that you can put towards gym memberships, virtual training, or classes of your choice!
Offers wellness programs
Unlimited free monthly classes at Barry's Bootcamp or $100/month wellness stipend. You can switch between the two month to month depending on what works best for you.
Provides opportunities to volunteer in the local community
Lob offers 3 days of Paid Volunteer Time Off for all Lobsters. We encourage community engagement and support our employees in their volunteer efforts in whatever form that looks like for them.
Offers company-sponsored happy hours
There's always a reason to celebrate! Lob sponsors team socials and happy hours. We love to support local bars, but we also enjoy each other's company in our amazing office.
Offers paid volunteer time
Lob provides 3 days of Volunteer Time Off annually!
Provides paid sick days
Allows employees to take a day off for their birthday
Offers a flexible time off policy
Provides paid holidays
Utilizes an Unlimited PTO policy
Provides wellness days
Provides bereavement leave
Company Culture
Has a documented equal pay policy
Mandated unconscious bias training
Hiring practices promote diversity
Mean gender pay gap is below 10%
Offers diversity-based Employee Resource Groups
It is important to us that Lob not only provide resources to our employees, but also that they have a say in our practices.
Utilizes a flexible work schedule
Offers a remote work program
All of us are remote through at least the end of June 2021. We have remote-only roles, and for those local in-office roles we offer the ability to work from home as needed.
Engineering team utilizes pair programming
Hosts in-person revenue kickoff meetings
Career Growth + Development
Promote from within
Hosts Lunch and Learns
Lob invites external guests and employees to present on topics they are passionate about. We also provide space for teams to share new/interesting projects that employees can learn more about!
Provides virtual coaching services
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