At Codexis, we are committed to maintaining a benefits program that is competitive and comprehensive. We are proud to offer our employees a wide range of benefits to assist them in meeting their healthcare, financial, and personal needs.
Health Benefits
Medical, Dental and Vision InsuranceEmployees and their families, as well as domestic partners, are eligible for coverage offered through comprehensive medical plans (two HMO plans and one PPO plan) and a PPO dental and vision plan.
All plans are competitively priced, with Codexis paying a significant share of the cost of this coverage. All insurance is effective the first day of employment.
Life and AD&D InsuranceThis company paid benefit provides three times an employee's annual income in life and AD&D insurance.
Short-Term and Long-Term DisabilityShort-term and Long-term disability insurance are available to employees for income protection in the event an employee is disabled.
Business Travel Accident InsuranceThe company provides a comprehensive Business Travel Accident Insurance (BTA) policy to all employees who travel on company business.
Financial/Savings Benefits
401k PlanEmployees may defer up to 75% of their pay (up to limits set by the IRS) through Fidelity Investments.
Health & Dependent Care Flexible Spending AccountsThis voluntary program enables employees to lower taxable income by setting aside pre-tax dollars to pay for eligible medical and child care expenses not covered by our health benefit plans.
Stock OptionsCodexis has a stock option program. The granting of options to eligible employees is subject to program guidelines and approval by the Board of Directors.
Paid Time Off
Flexible Time OffNew employees are entitled to 20 days of flexible time off (combined vacation and sick days) annually. After five years of service, FTO increases to 25 days per year.
HolidaysCodexis employees are entitled to 11 company-sponsored holidays per year.
Additional Benefits and Services
Employee Assistance Plan (EAP)Employees and their families are eligible to receive EAP services including financial, pre-retirement, eldercare and child-care consultations, as well as free counseling.
Back-up Childcare for EmergenciesCodexis offers backup childcare to employees when their regular care arrangements are unavailable.
Commuter Voucher ProgramCodexis subsidizes up to 75% of the cost of public transportation for employees who use these resources to commute to and from work.
Dry Cleaning & Laundry ServicesOn-site pick-up and drop off service from a local dry cleaner.
Employee Discount ProgramWe provide employees and their families with a BeyondWork membership, which provides on-line discounts on a wide variety of goods & services.
Employee Referral ProgramOne of the best sources for finding new employees is our own hardworking team. Codexis pays $1,000 to any employee who refers an individual whom we hire.
Health Club ReimbursementCodexis wants all employees to enjoy good health and to get regular exercise. We reimburse employees a portion of the cost of joining any gym or fitness program.
On-site Chair MassageOnce a month, a massage therapist is onsite to provide 15-minute massages, subsidized by the company.
On-site Food ProgramWe have an on-site subsidized lunch program and our lunchroom is stocked daily with free fruit, breakfast items, snacks, coffee/tea and espresso!
Community Involvement
The Company's intent is to give back to the community and to allow employees to share in that effort. The Company offers additional time off to employees for volunteering and various Company-organized events. Employees are eligible for up to two days off per year to participate in company-sponsored philanthropic activities. In addition, each employee is entitled to one day each year of paid time off to serve the charitable or community organization of his or her choice.
Our employees have actively participated as a group in a variety of community service projects including building homes with Habitat for Humanity, Save the Bay, Back-Pack Drive, Family Giving Tree, and Second Harvest Food Drive.
Annual Company Events & Celebrations
We also like to have FUN!!! We sponsor company-wide celebrations in honor of corporate milestones, summer picnics, holiday parties, and more.
Disclaimer
This is a general overview of the benefit programs offered by Codexis. In the event any description conflicts with the current summary plan document, the summary plan document will prevail.