Formation Bio
Formation Bio Benefits Overview
Formation Bio is nothing without its people, so we take care of them well. We offer comprehensive benefits spanning health insurance, 401k, and plenty of added perks to support you in and out of work.
Compensation + Benefits
Offers 401(K)
Offers life insurance
Offers company equity
Provides pay transparency
Provides home-office stipend for remote employees
Offers competitive compensation and rewards package
Offers dental insurance
Offers health insurance
Offers Health Savings Account (HSA)
Offers Flexible Spending Account (FSA)
Offers vision insurance
Offers generous parental leave
Provides an onsite Mother's Room
Company Culture
Provides commuter benefits
Provides free snacks and drinks
Utilizes a flexible work schedule
Utilizes a hybrid work model
Async-friendly policies, culture that encourage work flexibility
Allows work from home occasionally
In-office days / expectations are defined
Provides work from home flexibility
Utilizes an open door policy that encourages accessibility
Hosts in-person all-hands meetings
Promotes a people-first, social culture
Prioritizes mission-driven work in decision-making processes
Policies promote a low-ego, team-driven culture
Leadership encourages open, transparent debate
Open office floor plan to encourage communication and collaboration
Defined values and mission statements
Defined policies promoting a professional, respectful workplace
Prioritizes real-world impact of work in decision-making processes
Promotes a strong in-person office culture
Mistakes are treated as learning opportunities
Mandated unconscious bias training
Offers diversity-based Employee Resource Groups
Managers offer consistent feedback loops
Provides modern technology across teams
Managers give public shoutouts and celebrate employee milestones
Company or teams have recognition rituals for individual work
Encourages autonomy and ownership from employees
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Yearly retreat and holiday party, regular team events and outings!
Offers company-sponsored happy hours
Offers team workouts
Run Club!!
Has employee-led culture committees
Offers fitness stipend
Provides access to an onsite gym
Boston Office
Offers Employee Resource Groups
Provides employees with ability to schedule focus-time blocks
Provides paid holidays
Utilizes an Unlimited PTO policy
Provides paid sick days
Career Growth + Development
Provides continuing education stipend
Hosts Lunch and Learns
Provides structured onboarding for new employees
Encourages knowledge sharing and cross-functional collaboration
Managers hold regular development check-ins
Job training & conferences
Provides virtual coaching services
Provides opportunities to take on expanding responsibilities
Provides training support and resources for AI adoption
Promote from within
Encourages lateral mobility to expand skills and impact
Documented career progression frameworks
