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Electric

HQ
New York
75 Total Employees
Year Founded: 2016

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Electric Benefits Overview

Compensation + Benefits

Offers 401(K)

Electric partners with Principle to offer traditional and Roth retirement savings plans.

Offers life insurance

Offered to full-time employees, this $100k insurance policy gives you and your family extra peace of mind. Interested employees may enroll in additional benefits.

Offers disability insurance

Disability benefits provide up to 26 weeks of partial wage replacement benefits during any 52-consecutive-week period. The cost of this disability insurance coverage is paid by Electric.

Offers childcare benefits

Employees may enroll in Dependent Care FSA, to use pre-tax dollars to pay qualified out-of-pocket dependent care expenses.

Offers generous parental leave

Electric provides 12 weeks of paid leave on the basis of 100% salary continuation for new parents, including mothers and fathers of adopted, fostered and birthed children, after 26 weeks of employment

Provides fertility benefits

Kindbody Membership provides access to a network of gynecology & fertility clinics focused on improving the healthcare experience for people with fertility, contraception, or pregnancy care needs.

Provides family medical leave

Electric provides 12 weeks of leave at 67%of your weekly pay as well as maintained health benefits. You are eligible for paid family leave if you have been employed full time for 26 weeks.

Provides a post-parental leave return-to-work program

Offers company equity

Electric offers stock options to all of our employees, including vesting over a three-year period.

Designated President's Club

Offers performance bonuses

Some roles at electric are eligible for performance bonuses when employees meet targets set by their department.

Offers dental insurance

Electric's dental plans start at $5/month and cover 100% of the cost of preventative care, including x-rays.

Offers health insurance

Electric offers a variety of health insurance plans through BCBS with plans costing as low as $40/month.

Offers mental health benefits

Offers Flexible Spending Account (FSA)

Electric's Flexible Spending Account (FSA) helps employees cover out-of-pocket medical expenses with pre-tax contributions of up to $2,650 annually.

Offers vision insurance

Electric's vision insurance plans start at $8/month and provides 100% coverage for annual eye exams and lenses after a $10 copay. 80% of the cost of frames and contact lenses are covered up to $130.

Company Culture

Provides commuter benefits

Acme offers pre-tax commuter benefits for all employees so that you can get to work with a little less effort.

Provides free snacks and drinks

Electric's HQ has a fully stocked kitchen including unlimited snacks, coffee, tea, and sparkling water.

Has a diversity manifesto

Has a highly diverse management team

Electric's management team reflects the diversity of the rest of our company and our leadership team is held accountable to the advancement of our company-wide DE&I initiatives.

Mandated unconscious bias training

All employees are required to complete annual Unconscious Bias Training. We also provide additional trainings to our managers and interviewing teams.

Hiring practices promote diversity

Electric's goal is to be a minority-run business by the end of 2023 as well as achieving at least a 50/50 male/female and non-binary split.

Has a documented equal pay policy

Mean gender pay gap is below 10%

Offers diversity-based Employee Resource Groups

Electric currently has 5 Executive-sponsored ERG's including The Black Bolts, Electrific Asian, Women's Impact Network, Mind at Peace, and Pride.

Utilizes a flexible work schedule

Offers a remote work program

Electric is a remote-first company. With the exception of a few mission-critical roles, all employees have the flexibility to work from wherever they work best.

Utilizes an open door policy that encourages accessibility

Implements team-based strategic planning

Hosts in-person revenue kickoff meetings

Open office floor plan to encourage communication and collaboration

Uses an OKR operational model to clearly define goals and priorities

Quarterly engagement surveys to gauge employee satisfaction

Work-Life Balance + Wellbeing

Offers company-sponsored outings

Electric provides occasional paid team and regional outings.

Offers fitness stipend

Partners with nonprofits

Offers Employee Resource Groups

Provides opportunities to volunteer in the local community

Offers company-sponsored happy hours

Offers wellness programs

Electric offers access to medical consultations, RX savings review. and medical bill advocacy through HealthJoy. We also offer Kindbody memberships which include women's health and fertility benefits.

Offers paid volunteer time

Employees are encouraged to take advantage of our flexible PTO policy by taking days off to volunteer in their community.

Provides paid sick days

Electric allows full time employees 9 sick days (72 hours) per calendar year.

Provides bereavement leave

Provides paid holidays

Offers a flexible time off policy

Career Growth + Development

Provides customized development tracks

Promote from within

Job training & conferences

Provides online course subscriptions

Hosts Lunch and Learns

Provides virtual coaching services

Offers mentorship program

Provides paid industry certifications

Allows employees to pursue continuing education during work hours

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