Lob
Lob Compensation & Benefits
Lob Employee Perspectives
I worked to create this initiative called the Lobster Happy Hour Program. Everyone at Lob gets a monthly $20 stipend to connect with someone on Zoom or in person in their own geographic area.
Lob's Benefits
Offers company equity
Lob offers equity to all benefits eligible employee! We provide RSUs to our new hires, vesting over a four-year period. Additionally, we grant performance equity grants.
Offers performance bonuses
Provides home-office stipend for remote employees
Remote-only roles are offered a $1000 home office stipend on top of the standard equipment provided for all employees.
Provides pay transparency
Hosts company-sponsored family events
With family picnics, virtual Halloween contests and lunch time read-a-louds over zoom there is sure to be something for your kiddos to enjoy at Lob. Also unlimited access to cuddly office doggos.
Offers childcare benefits
Lob offers a temporary $250/month childcare stipend while schools are remote. This stipend can be used for anything from babysitters to daycare to virtual electric guitar lessons.
Offers generous parental leave
Lob offers 16 weeks paid parental leave to all parents welcoming a new kiddo to their family.
Provides adoption assistance
We partner with Carrot Fertility who assists in all aspects in family planning.
Provides family medical leave
In addition to FMLA, our compassionate leave policy includes paid leave in the event of the loss of a family member or loved one - including your pet.
Provides fertility benefits
Offers dental insurance
Dental coverage is provided by Guardian.
Offers Flexible Spending Account (FSA)
Offers health insurance
We offer three options with BlueCross BlueShield and Kaiser. We cover 90% of premiums for employees and 70% for dependents. We contribute $50/month toward your HSA ($100/month for HSA family plans).
Offers mental health benefits
Free mental health programs and services - including counseling sessions - are provided to employees and all members of their households through our employee assistance program (Magellan).
Offers vision insurance
Vision coverage is provided by VSP.
Offers 401(K)
Offers disability insurance
Short-term and long-term disability through Guardian is provided for free for all full-time employees.
Offers life insurance
Lob-sponsored life insurance through Guardian covers 1x annual salary (up to $250k).
