401(k) Trip+ Plan. You may defer up to 50% of your pay either as traditional pre-tax 401(k) contributions or as Roth 401(k) contributions (subject to IRS restrictions) and Genentech will match your contributions dollar-for-dollar up to a maximum of five percent of your eligible compensation. In addition, Genentech provides a discretionary two percent annual non-elective contribution for all employees, regardless of whether or not they actively participate in the 401(k) Plan.
Banking. Personal banking is available at the onsite credit union SafeAmerica or at two onsite ATM machines.
Cellular phones for business or personal use from AT&T Wireless at special corporate rates.
Discounts are available for Disneyland, SeaWorld, SF Museum of Modern Art, the Santa Cruz Boardwalk, Marine World and free sneak-preview movie passes.
Donations between $25-$500 from employees to Genentech-eligible charitable organizations are matched annually.
Flexible Spending Accounts are available to lower taxable income by setting aside pre-tax dollars to pay for eligible childcare and health care expenses not reimbursed by our plans.
Legal Services. Discounted legal services, including telephone advice and office consultations, are offered through an extensive network of attorneys.
Life Insurance is an option available for you, provided by the company. Employees and dependents may choose to purchase additional coverage as well.
Long-Term Care Insurance is available for you and your eligible relatives through discounted payroll deductions.
Disability Coverage is an option available for your income protection in the event you are disabled.
Employee Stock Purchase Plan. You may allocate up to 15% of your pay to buy company stock at 85% of its fair market value and have it automatically deposited into your brokerage account.
Banking. Personal banking is available at the onsite credit union SafeAmerica or at two onsite ATM machines.
Cellular phones for business or personal use from AT&T Wireless at special corporate rates.
Discounts are available for Disneyland, SeaWorld, SF Museum of Modern Art, the Santa Cruz Boardwalk, Marine World and free sneak-preview movie passes.
Donations between $25-$500 from employees to Genentech-eligible charitable organizations are matched annually.
Flexible Spending Accounts are available to lower taxable income by setting aside pre-tax dollars to pay for eligible childcare and health care expenses not reimbursed by our plans.
Legal Services. Discounted legal services, including telephone advice and office consultations, are offered through an extensive network of attorneys.
Life Insurance is an option available for you, provided by the company. Employees and dependents may choose to purchase additional coverage as well.
Long-Term Care Insurance is available for you and your eligible relatives through discounted payroll deductions.
Disability Coverage is an option available for your income protection in the event you are disabled.
Employee Stock Purchase Plan. You may allocate up to 15% of your pay to buy company stock at 85% of its fair market value and have it automatically deposited into your brokerage account.