Peloton
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Peloton Benefits Overview
At Peloton, we do not subscribe to the one-size-fits-all approach — our workforce is diverse so our benefits must be, too. We have competitive benefits across medical, dental, vision, mental health & emotional well-being, fertility, parental leave, 401K match and ESPP programs, and commuter benefits. Additionally, we have perks that range from generous product and apparel discounts (including friends & family), tuition reimbursement, pet insurance, childcare, and more.
Compensation + Benefits
Offers 401(K)
In addition to benefits that provide security for you today, you can make saving for the future easy with a 401(k) plan that allows you to save a portion of your salary towards retirement.
Offers disability insurance
Disability insurance covers 60% of annual salary up to $10000 monthly maximum payout.
Offers charitable contribution matching
Provides 401(K) matching
Peloton provides employees with a 401(K) matching plan managed by ADP. We match 100% of contributions up to 4% of an employee's annual gross pay.
Offers life insurance
Peloton's Life Insurance is equal to 2 times an employee's annual salary with a minimum coverage of $100,000.
Provides adoption assistance
Peloton reimburses for eligible adoption expenses and 18 week of paid leave.
Provides family medical leave
Peloton provides eligible team members with up to 12 weeks of unpaid, job-protected leave per year.
Offers childcare benefits
Peloton partners with Bright Horizons and Urban Sitters for Backup child care assistance. Subsidized child care & family care.
Offers generous parental leave
Parental Leave is a Company-Paid benefit which will pay your salary following the birth, adoption, or placement of a child. Up to 18 weeks total.
Offers company equity
Offers performance bonuses
Provides home-office stipend for remote employees
During these unprecedented times, Peloton offers remote employees the ability to reimburse purchases for their at-home office, not exceeding $500.
Offers employee stock purchase plan
Our Employee Stock Purchase Plan (ESPP) is an optional program that allows eligible team members to use payroll deductions to purchase Peloton stock twice a year at a discount.
Provides relocation assistance
Peloton offers a comprehensive relocation policy for employees relocating.
Offers dental insurance
Peloton's dental plan covers up to $3000 of expenses.
Offers health insurance
Peloton covers up to 90% of premiums for high deductible health plans.
Offers vision insurance
Offers Flexible Spending Account (FSA)
Peloton employees can contribute up to $2750 annually to their FSA.
Offers pet insurance
Pet insurance is a voluntary employee-paid benefit.
Offers mental health benefits
Peloton partners with Lyra to provide mental health benefits to all employees, with 25 free sessions per year.
Company Culture
Provides commuter benefits
Peloton offers pre-tax commuter benefits for all employees for both Transit and Parking.
Some meals provided
Provides free snacks and drinks
Has a dedicated diversity and inclusion staff
Has a documented equal pay policy
Offers diversity-based Employee Resource Groups
Peloton Employee Resources Groups are employee-led groups that foster a diverse and inclusive workplace aligned with Peloton's organizational mission, values, goals, business practices, & overall D&1
Has a diversity manifesto
Mandated unconscious bias training
Hiring practices promote diversity
Utilizes an open door policy that encourages accessibility
Engineering team utilizes pair programming
Uses an OKR operational model to clearly define goals and priorities
Open office floor plan to encourage communication and collaboration
Implements team-based strategic planning
Offers a remote work program
Peloton's remote work program allows Team Members to work from home on occasion, as needed for them.
Work-Life Balance + Wellbeing
Offers company-sponsored outings
Offers fitness stipend
Peloton is proud to offer all full-time team members an annual reimbursement of $500 for Wellness related events registration/sponsor fees.
Provides access to an onsite gym
Provides recreational clubs
Offers wellness programs
Provides opportunities to volunteer in the local community
Peloton offers paid Volunteer Time Off to enable and empower our team members to volunteer for causes that positively impact their communities.
Offers company-sponsored happy hours
Peloton hosts happy hours in our NYC Penthouse on occasion.
Partners with nonprofits
Peloton has donated funds to organizations across a variety of causes, inclusive of Hunger Relief Efforts, Civil Rights Groups, and more.
Offers team workouts
Peloton team members have free access to the Peloton digital product and can take workouts anytime!
Offers generous PTO
Hourly team members receive between 10 to 20 days per year of paid time off based on years of service.
Provides paid holidays
Utilizes an Unlimited PTO policy
Offers paid volunteer time
Peloton employees receive 16 hours per year of paid volunteer time.
Provides paid sick days
Team Members receive 48 hours of sick time up front.
Career Growth + Development
Provides continuing education stipend
Peloton provides $5250 annually of financial assistance for certain education related expenses to foster & encourage the professional development of our team members.
Allows employees to pursue continuing education during work hours
Provides online course subscriptions
Provides tuition reimbursement
Peloton has partnered with Gradifi to help pay down your student debt and pay for your children's future education.
Provides customized development tracks
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