FM-12 // COMPENSATION & BENEFITS
Benefits & Perks
Updated Jan 15, 2025 · Contributors: nikhil
Table of Contents
Philosophy
Benefits should reduce friction in your life, not add complexity. We offer a focused set of meaningful benefits rather than a long list of things nobody uses.
Health & Wellness
| Benefit | Details |
|---|---|
| Health insurance | 100% premium coverage for employees, 75% for dependents |
| Dental & Vision | Included in health plan |
| Mental health | Therapy and counseling covered; additional access via Modern Health or equivalent |
| Wellness budget | $1,200/year for gym, fitness apps, meditation, ergonomic equipment - no receipts required |
Time Off
Flexible PTO
We don’t track vacation days. Take the time you need. The only rules:
- Minimum 15 days off per year - yes, a minimum. We mean it.
- Tell your team - at least 1 week notice for a week+ off, 2 days notice for shorter breaks
- Set up handoffs - make sure nothing blocks on you while you’re gone
- Actually disconnect - don’t check Slack on vacation
Company-Wide Breaks
- Winter break - office closed last week of December
- Summer Friday - half-days every Friday in July and August
Parental Leave
- Primary caregiver - 16 weeks fully paid
- Secondary caregiver - 8 weeks fully paid
- Flexible return - part-time ramp-up period available
Sick Leave
Take the time you need. No doctor’s notes, no cap. If you’re sick, rest.
Equipment & Setup
For Everyone
- Laptop - MacBook Pro (or equivalent) refreshed every 3 years
- Monitor - up to $800 for an external display
- Home office budget - $1,500 one-time setup budget (desk, chair, peripherals)
- Coworking - $300/month coworking space stipend for remote employees
For Engineers
- GitHub Copilot - paid
- Cursor Pro - paid
- Cloud credits - $100/month for personal projects and learning
Learning & Development
- Book budget - unlimited (just buy it, no approval needed)
- Conference budget - $2,500/year for conferences, workshops, or courses
- Learning time - 4 hours/week of work time can be used for learning (reading, courses, side projects that build relevant skills)
Other Perks
| Perk | Details |
|---|---|
| Internet stipend | $100/month |
| Phone plan | $75/month |
| Team offsites | 2x/year, fully covered (travel, accommodation, activities) |
| Referral bonus | $5,000 for successful hires |
| Anniversary bonus | $1,000 at each work anniversary |
What We Don’t Offer
We’re honest about what’s not included:
- No free lunch (we’re remote-first - cook something good)
- No ping pong tables (play at the offsite)
- No unlimited snack walls (your kitchen is better)
- No “unlimited PTO” without a minimum (that just means “no PTO”)
We’d rather put money into things that materially improve your life than performative perks.