Colossal Biosciences
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Colossal Biosciences Benefits Overview
Colossal provides an extensive benefits package to all our employees. Our lab locations have kitchens stocked with everything from free snacks, drinks, and coffee/tea. Some even have bean to cup coffee machines. All of us have one main perk - the opportunity to help restore the earth to a healthier state.
Compensation + Benefits
Offers 401(K)
Colossal employees are immediately eligible to participate in our 401(k) program offering a broad selection of options to choose from for investing.
Offers disability insurance
Colossal's disability insurance benefits covers 60% of an employee's annual salary.
Provides 401(K) matching
Colossal matches employee contributions for a total of a 4% match of their annual base salary with immediate vesting for matched contributions.
Offers life insurance
Colossal employees are automatically covered for $50,000 in life insurance at no cost to them for the duration of employment.
Provides adoption assistance
Colossal's adoption assistance program provides reimbursement of eligible expenses of up to $1,500 annually.
Offers generous parental leave
Colossal offers 12 weeks of paid parental leave for new parents.
Provides family medical leave
Colossal offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee as per Family & Medical Leave Act (FMLA) eligibility.
Offers company equity
Colossal offers stock options to all new hires upon joining the organization.
Provides home-office stipend for remote employees
Colossal employees are eligible to purchase and be reimbursed up to $250 for basic necessary office equipment to enhance their remote office.
Provides relocation assistance
Colossal offers relocation assistance including reimbursement of your relocation related expenses.
Offers dental insurance
Colossal dental plan through UnitedHealthcare Dental covers 100% of the cost of all preventative and diagnostic services.
Offers health insurance
Colossal employees have the option to choose from a variety of health insurance benefits that include prescription coverage. Some of the plans are at no out of pocket cost for employee premiums.
Offers mental health benefits
Colossal provides an Employee Assistance Program (EAP) as well as a no cost 1 year subscription to Peloton for workouts through our insurance provider. We also provide the Sanvello app.
Offers Flexible Spending Account (FSA)
Colossal's Flexible Spending Account (FSA) provides employees an option to cover out of pocket medical expenses with pre-tax contributions up to $2,750 annually.
Offers vision insurance
Colossal's vision insurance plan through VSP provides 100% coverage for annual eye exams after a $15 copay.
Company Culture
Provides commuter benefits
Colossal's commuter benefit program allows employees to save on work commute by paying for eligible mass transit/parking expenses with pre-tax dollars.
Provides free snacks and drinks
Colossal has a stocked kitchen including coffee, tea, and snacks in most of our locations.
Provides onsite office parking
Colossal buildings all have convenient parking on-site or very close to our location.
Some meals provided
Utilizes a flexible work schedule
Offers a remote work program
Colossal has some fully remote employees and allows others to work remotely as needed pending their manager's discretion.
Utilizes an open door policy that encourages accessibility
Implements team-based strategic planning
Hosts in-person all-hands meetings
In August 2023, we had our first in person all-hands meetings in Dallas, TX. We had the opportunity to hear company updates, watch a movie, attend training, and go to the Dallas Zoo.
Open office floor plan to encourage communication and collaboration
Uses an OKR operational model to clearly define goals and priorities
Mandated unconscious bias training
Our interview training program includes training on unconscious bias.
Hiring practices promote diversity
Our staff are trained in interview training to be made aware of unconscious bias. All candidates for a given position meet the same people and get the same core questions to promote fairness.
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Colossal employees get together for dinners, trips to the zoo, bowling, and other events.
Offers fitness stipend
Provides access to an onsite gym
Offers team workouts
Team workouts might not be a regular thing at Colossal - but we participated in a virtual 5K in support of World Elephant Day. Employees in Dallas met up at a local park to do the 5k together.
Provides opportunities to volunteer in the local community
Colossal employees in Dallas spent time with the Texas Conservation Alliance to restore critical prairie habitats on earth day. We also participated in the virtual World Elephant Day 5K.
Offers company-sponsored happy hours
Colossal employees get together from time to time for happy hour when the mood strikes!
Partners with nonprofits
Offers wellness programs
The Sanvello app is available to Colossal employees at no extra cost as part of our plan’s behavioral health benefits.
Provides paid holidays
Utilizes an Unlimited PTO policy
Career Growth + Development
Provides continuing education stipend
Colossal's education assistance program offers up to $5,000/year for continuing education.
Provides paid industry certifications
Provides tuition reimbursement
Colossal's education assistance program offers up to $5,000/year for continuing education.
Job training & conferences
Hosts Lunch and Learns
Colossal employees have the option to attend a monthly catered lunch and learn either on-site with their local team or virtually. Remote employees get a gift card for lunch.
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