The following section lists Osio Labs' benefits and describes each. If you have specific questions about a benefit, feel free to email the CEO or our Insperity representative.
For our U.S. employees we have partnered with Insperity to provide payroll and employee benefits. This means that for the U.S. folks Insperity will handle most of your employee paperwork and serve as the support system for your benefits plans.
Many of our benefits apply equally to both full- and part-time employees, but not all do. A full-time employee works 30 or more hours per week on average, while part-time employees work 20 hours a week on average. Where benefits are different based on number of hours worked, this will be indicated in the benefit using the terms full-time and part-time. If there is no reference made to the status of hours, then the benefit applies to all employees.
This is a quick overview of the main benefits we offer. You will find details for each of these in the rest of this section of the handbook.
We provide 5 weeks (25 days) of paid vacation and 11 paid holidays per year (based on your country of residence). We also offer 6 weeks of paid parental leave, with an optional, additional 6 weeks of unpaid leave. There are other forms of leave as well, including time for bereavement, conference attendance, jury duty, and military service. Personal Days can be used for situations that do not fall under another leave type (e.g. sick days, family need, moving, household emergencies) and these days are unlimited.
We provide medical, dental, and vision coverage in the U.S. for full-time employees, and will arrange for equivalent coverage in other countries as needed. We also pay for up to $50,000 life insurance coverage for all employees, and you may elect to take more. Our full-time disability plan goes into effect if you are unfit for work for more than 2 weeks and will cover 60% of your salary. We also pay for part-time employee personal disability plans.
We have 401(k) plans set up in the US, and will match up to 4% of your own retirement contributions. We provide equivalent matching for non-US plans.
We give you $200 (full-time) or $100 (part-time) per month, tax free, for buying office equipment (computers, desks, cell phones, etc.) and software for work.
Everyone gets a budget to spend on education expenses of your choice, $1000 per year for full-time employees and $500 per year for part-time employees. This needs to be related to our work in some way though not necessarily directly related to the work you do on a day-to-day basis. It covers courses, conferences, books, etc. Through Insperity, US employees may also use up to $1500 per year on college tuition and $500 per year of continuing education expenses. (Non-US employees can work out a similar plan, as needed.)
We cover all work-related travel expenses, including conferences, meetings, and retreats. For continuing education events, we may cover all or part of the travel, depending on circumstances and budget. We also pay for flight upgrades that fall within certain guidelines.