Have you ever wondered what benefits a big company as Facebook offers to its employees? Well, in this article you will find out all of it. Let’s know about Facebook Employee Benefits.
This is a detailed article on what benefits you can expect from Facebook as an employee of the company.
But before moving further, let me give you a quick overview of what Facebook is?
Facebook Overview
Facebook is a multinational American technology company headquartered in Menlo Park, California, United States. It was founded by Mark Zuckerberg along with his fellow roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes in 2004.
Facebook is an online social media and social networking site. Initially, only Harvard students were able to have access to Facebook, but then it expanded to other North American universities and, from 2006 onwards, everyone was able to use it unless he/she is under 13 years old. As of now, Facebook has around 2.8 billion monthly active users. You might know this but Facebook ranked seventh in global internet usage and was the most downloaded mobile app of the 2010s.
Facebook Employee Benefits
Let me introduce you to the benefits you could expect as an employee at Facebook.
Just a disclaimer that you would make up your mind to apply for the job at Facebook after reading the benefits they offer to their employees.
1. You get employee credit
Yes, as an employee of Facebook, you will be offered employee credit. You will receive $250 per month. Also, Facebook ads credit. Isn’t that cool? This one is one of the coolest you will enjoy as an employee at Facebook.
2. You get family sickness leave
Facebook is very lenient when it comes to allowing a leave compared to other companies. You will be offered six weeks of family leave when you are required to care for some of your seriously ill family members and that too would be paid of course.
3. You can work remotely as well
The other best thing about working on Facebook is that you can work from home if your jobs can be done remotely. You can request remote work across international borders. So that you don’t have to worry about spending time with your family as well as doing your work. Remember, the pay would be based on your location and may be adjusted.
4. You get a free meal
Yes, you read that right, you will get free food as well. This is a surprise for many of you because Facebook is not a fast-food chain where you get a free meal as an employee. But still, you will be offered a free meal five days a week. Not only that but also free snacks! And trust me, the food at the Facebook cafeteria is like no other company. At the Menlo Park office, they have an amazing variety of cuisines to choose from: Ribs and Vegan, Halal and Kosher, Indian and Mexican – name it, and you will most probably find it somewhere on the campus. But wait, that’s not it, there would be at least one micro kitchen on each floor of the building. That micro kitchen has a whole variety of fruits, drinks, tea, coffee, sweet and savory snacks available.
5. They provide 100% health insurance
Generally, In the United States of America, the health insurance rates are heavy. Generally, you must have seen that large companies offer their employees many health insurance options, and the employer has to pay a varying percentage of the insurance premium for each of them. However, Facebook will pay fully for your medical plan, despite which of the available options you choose. You will receive health insurance, dental insurance, life insurance, occupational accident insurance, and also long-term disability insurance. The healthcare coverage package comes with vision, hearing aids, medical, prescription drugs, and behavioral health benefits. You will also get a Vision Plan that covers all types of eye-related medical assistance. Not only that but also Dental coverage for preventive dental care and service for you and your family members.
6. They provide gym/wellness reimbursement (starting in 2022)
Facebook is going to start providing wellness reimbursement of $3000 per to its employees from 2022. If you’re about to join Facebook, you must know this. The company is looking forward to encouraging its employees to put a step into fitness by doing this program. For now, you will be getting reimbursement of around $720 each year to cover your expenses of physical activity and overall wellness. You can use it for anything related to fitness from gym membership to weight loss programs. The company cares not only about its employee’s mental health but also physical health.
7. You will get parental/maternity leave
If you are expecting to be a mother, you will be given maternity leave of about 4 months. The company understands your priorities and responsibilities towards your family and not just cares about you working for them. They will help you reach your potential during your maternity.
8. Newborn bonus
If you are someone who gave birth to a newborn, you will be offered a bonus of $4000 from the company to raise the child. Isn’t it just cool?
9. You get paid vacations
As a full-time employee, Facebook will offer you 21 days of paid vacation. You can take your vacation leave anytime throughout the year.
10. They provide free programs to help you
The company will help you succeed to your full potential by providing suitable opportunities through numerous programs. They will offer you an extraordinary health program that will help you with autism therapies, cancer care, and transgender services. Also free coaching and mentoring programs to help support your family planning which includes adoption and surrogacy assistance. Not only that but also free counseling sessions if you’re going through some emotional difficulties, stress-related issues, critical situations, etc while at work.
11. They provide one month of paid leave every five years
As an employee at Facebook, you could take a month’s leave which will be paid every five years. To enjoy this one, you have to be devoted to the company plus a full-time worker.
12. You will enjoy an amazing salary
Last but not least, the good thing about working at Facebook is its salary. Needless to say, Facebook is one of the tops publicly traded companies. Based on the article that was published in Silicon Valley Business Journal, a Facebook employee gets paid an average salary of $240,000 annually. Not to forget, Facebook also pays bonuses and annuities/restricted stock, compares favorably with other major employers in the area: Average salary at Alphabet/Google is $197,000, and at PayPal, it’s around $70,000.
Now, if you are someone who wants to work at Facebook’s Menlo Park Office, here are another bunch of things you will get to enjoy!
1. Bike repairing shop
The Menlo Park office has a bike repair shop where you could repair their bike.
2. Barbershop
You will also get access to the on-site barber’s shop in the Menlo Park office.
3. Video games
The Menlo Park office has an arcade full of video games where you could spend your time. Facebook cares about its employees that they have set up some things for your entertainment so you don’t just have to work all day. They believe in keeping its employees happy and satisfied while their time at the company
4. Health and dental care
Another health-related benefit is the Facebook Wellness Center that’s a part of the Menlo Park campus. The Wellness Center includes a medical and dental clinic that is completely available to Facebook employees. So you could get an appointment for routine dental care, annual physical exam, or minor surgery.
5. Dry cleaning services
The Menlo Park office also has dry cleaning services available for its employees.
6. Valet parking plus a free charging station for electric cars
The Menlo Park office has valet parking. You can also have access to a charging station for electric cars completely free of cost. So, if you are someone who owns an electric car, it would be very beneficial for you.
7. Free onsite gym
The company encourages its employees to be active physically by providing on-site fitness centers. On the Menlo Park campus, there are a total of three fitness centers available. You will get facilities like access to premier fitness equipment, a dynamic functional training space. You can also participate in events like free stretch breaks and group exercise classes. Not to forget, there is also a rock gym, a sand volleyball court, and even a FIFA-compliant soccer field on the campus.
Conclusion
This article would be summed up by saying Facebook is one of the best places to work at keeping in mind the benefits it offers to their employee. It is a well-known brand and comes under the top tech companies in the world. Facebook takes care of its employees and does everything to satisfy their needs. For example, the company helps you achieve financial stability even after your retirement by providing various plans.
So, every benefit that Facebook provides its employees is mentioned in the article above. Just take a look and decide whether or not to apply for the job there!