Benefits
Sage Bionetworks is pleased to offer a comprehensive benefit package designed to attract the highest caliber of scientists, technicians, IT and business professionals. The plan includes: medical, dental, vision, life, Accidental Death and Dismemberment and Long Term Disability benefits; paid time off; a retirement plan; flexible spending accounts; wellness benefit and other voluntary products.
Medical
Medical insurance coverage is provided through Regence BlueShield (“Regence”). Sage Bionetworks offers two health insurance plans: a traditional PPO and a high deductible plan with a Health Savings Account (HSA).
Dental
Sage Bionetworks offers one option for dental insurance provided by Regence Dental – Expressions, Preferred Provider Plan. There is a $25 annual deductible per person or $75 per family. After the deductible is met, Regence pays 100% of preventive care services, 80% of covered basic services and 50% of covered major services through participating providers, up to a maximum of $2,000 per member per calendar year.
Vision
Sage Bionetworks offer one option for vision insurance through VSP Vision Care. This includes two pairs of glasses or contact lenses per year and an exam every 12 months for $10 copay.
Life and AD&D Insurance
Life and Accidental Death and Dismemberment Insurance is provided through Unum Life Insurance Company of America. Sage Bionetworks will pay 100% of the life insurance premium for employees.
Retirement
Sage offers a 403b retirement plan through Fidelity Investments. Sage will match up to 7% of the employee’s contribution.
Paid Time Off
Sage provides all employees with vacation, personal, sick and holiday paid time off. All new employees are eligible for 15 vacation days, prorated in their first year of employment. There are 14 paid holidays per year. Nine of the holidays are predetermined federal holidays and five are personal floating holidays. Part-time employees working 20 or more hours a week are eligible for holiday pay on a prorated basis for holidays that fall on their normal workdays. Additionally, Sage closes for the first full week of August to allow all employees to explore and rest.
Wellness Benefit
Sage provides a wellness benefit and will reimburse employees up to $50 per month or $600 a year.
Home Office Benefit
Sage will support one office for each employee, either a designated Sage office onsite or a $50 month stipend to support their home office. This includes one IT package that includes the HW/SW required for their job. Sage will reimburse all new employees up to $250 for equipment related to setting up a home office.
Transportation
Sage offers transportation benefits including on-site parking and metro transportation “Orca” cards.