Figure

HQ
San Francisco, California, USA
Total Offices: 5
450 Total Employees
Year Founded: 2018

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Figure Benefits Overview

At Figure, we believe rewarding dedication and performance with competitive salaries, significant growth opportunities, and substantial quarterly bonuses, coupled with an exceptional range of benefits and perks. Equity packages are extended to all our team members, ensuring that everyone shares in our success. We understand that well-being is paramount, which is why we offer 100% employer-funded comprehensive health, vision, dental, mental health, and financial wellness programs for employees and their dependents, along with employer-funded life and disability insurance coverage. In addition to these, our package includes a suite of financial benefits, such as company HSA, FSA, 401(k), and commuter benefits. We support work-life balance with up to 12 weeks of paid family leave and offer a range of flexible work arrangements, including in-office, remote, and hybrid options. Those who work predominantly outside our offices receive a home office and technology stipend. We encourage employees to take as much time off as needed with our flexible time-off plan and invest in their growth through continuing education reimbursement. As a little extra perk, we love brightening our team’s day with regular team swag surprises!

Compensation + Benefits

Offers 401(K)

Our employees are eligible to participate in our 401(k) program through Fidelity after 2 months of active employment. We offer both pre-tax and post-tax savings options through Fidelity.

Offers life insurance

We offer life and AD&D insurance to all employees, covering 2x base salary (up to $250,000) at no cost.

Offers disability insurance

We offer both short- and long-term disability insurance to all employees at no cost.

Offers charitable contribution matching

Mike Cagney, our CEO, personally matches charitable contributions as opportunities are presented to him by our employees.

Offers company equity

Equity is an integral part of our compensation package, with renewal grants offered every three years. Employees can choose to receive their quarterly cash bonus as equity.

Provides pay transparency

Offers performance bonuses

We provide a quarterly bonus to all employees, paid out based on company and individual performance. Employees can choose to receive their quarterly cash bonus as equity.

Offers dental insurance

We offer dental coverage through Guardian, covering 100% of premium costs for both employees and their dependents.

Offers health insurance

We provide a choice of three comprehensive health care plans, including low deductible and $0 premium options.

Offers mental health benefits

At Figure, we take the mental wellness of our employees seriously. We provide 100% employer-paid counseling through Spring Health and supplemental resources to all employees.

Offers Flexible Spending Account (FSA)

We offer a health flexible spending account so that employees have access to a tax-advantaged account that may be used to pay for eligible medical expenses along with a Dependent Care FSA.

Offers vision insurance

We offer vision coverage through Guardian (VSP via Guardian), covering 100% of premium costs for employees and their dependents.

Offers generous parental leave

We provide 12 weeks of 100% paid parental leave to the birthing parent, and eight weeks to the non-birthing parent, along with short-term and long-term disability options.

Provides an onsite Mother's Room

Company Culture

Provides commuter benefits

We offer a tax-advantaged commuter account, enabling employees to contribute up to $300/month for transit and parking expenses.

Some meals provided

Each office location offers occasional catered lunches, providing employees with a special treat to celebrate their wins, holidays, and other events.

Provides free snacks and drinks

Fully stocked kitchen at every office location, brimming with snacks, beverages, and more to keep employees energized throughout the day.

Utilizes a flexible work schedule

Whether you thrive in a traditional 9-to-5 setting or prefer a more adaptable approach, our flexible work schedule policy has got you covered. Policy varies according to role and department.

Utilizes a 4-day work week model

Year-round “No Meeting Fridays” for deep focus projects as well as informal and scheduled meetings.

Offers a remote work program

Flexible remote work program designed to meet your work-life balance needs. We have team members across the country working fully remote and on hybrid schedules near our offices.

Utilizes a hybrid work model

Has a highly diverse management team

Our diverse management team stands out with 41% women in leadership roles, surpassing the 27.6% women technologists in the overall US tech workforce.

Hiring practices promote diversity

Over 70% of our new hires in 2022 came from diverse backgrounds, reflecting our commitment to inclusive hiring practices.

Utilizes an open door policy that encourages accessibility

Uses an OKR operational model to clearly define goals and priorities

Open office floor plan to encourage communication and collaboration

Hosts in-person all-hands meetings

Monthly all-hands led by our CEO, which includes an Ask Me Anything forum for anonymous employees questions. You can join in person at the office or virtually. It features

Quarterly engagement surveys to gauge employee satisfaction

Established employee awards to honor work and contributions

Work-Life Balance + Wellbeing

Offers company-sponsored outings

We host annual departmental offsites, offering team-building activities, leadership insights, and exciting travel opportunities.

Offers wellness programs

We’re committed to our employees’ financial wellness and literacy. We provide 100% company-paid financial counseling through One Digital to all employees at no cost.

Provides access to an onsite gym

Has employee-led culture committees

Offers generous PTO

Figure values work-life balance. We offer flexible time away from work, typically recommending 3-5 weeks per year.

Provides paid sick days

Provides floating holidays

Provides paid holidays

Offers a flexible time off policy

Provides bereavement leave

Career Growth + Development

Provides continuing education stipend

Figure supports employees' continued growth through a continuing education stipend of up to $3,000 per year, encouraging professional development and advancement.

Provides online course subscriptions

Provides personal development training

Job training & conferences

Provides tuition reimbursement

Promote from within

Additional Perks + Benefits

Figure’s commitment to fostering a vibrant work environment goes beyond offering competitive salaries; Figure is unwaveringly devoted to supporting the holistic well-being of its team. This is evidenced by the unique and flexible benefits the company offers to help further employees’ education and development and promote general wellness. Figure is particularly proud that it has made it easier for employees to pursue educational opportunities while remaining dedicated employees.

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