Benefits and perks at OP Labs
Learn about the 13 benefits and perks OP Labs offers its employees.
OP Labs PBC offers 100% coverage for Short & Long Term Disability Insurance.
401k Retirement plan
OP Labs PBC offers 100% match for the first 4% of what you contribute to the plan via Guideline.
After four years with the company, employees are encouraged to take a month off, with pay, to rest and recharge.
Paid parental leave
When you welcome a new child, OP Labs PBC encourages you to take up to 12 weeks of parental leave, at 100% paid salary.
OP Labs PBC offers 100% coverage for Accidental Death & Dismemberment Insurance, and Life & Supplemental Life Insurance.
Healthcare benefits (US only)
OP Labs PBC offers a variety of health and dental plans. Optimism pays 100% of the base plan for employees and dependents inlcuding Medical, Dental and Vision.
Co-working space budget
OP Labs offers Upflex to all employees globally. You can book office space as needed for meetings or if you just want a quiet place to work outside of your home.
Home office budget
OP Labs will reimburse you up to $1,000 to let you build your ideal home office space—whether you’d like a standing desk, a new pair of headphones or an ergonomic chair we want your home office to fit your needs.
Unlimited time off
OP Labs PBC offers a flexible time-off policy and we actually encourage people to use it. Some notable trips employees have taken thus far include a weeklong ski trip to Colorado, a trip to Hawaii, a camping trip to Joshua tree!
Top 25% salaries
We monitor and evaluate industry salaries annually (or immediately following a funding round) to ensure we’re paying in the top 25% based on skills and experience. Salaries are standardized based on San Francisco rates and are location agnostic.
Crypto Tax Professionals
When you work in crypto, navigating your taxes can be....complicated. That’s why for 2021 and 2022 tax years OP Labs PBC has agreed to cover all employee personal tax filings—we use the best crypto tax firms in the US. If you are outside of the US, we’ll cover a similar service for up to $3,000 USD per year.
Equity in OP Labs PBC
To align incentives and provide significant upside to those who bring their skills and experiences to our team we offer equity to all employees. We believe that everyone does well when the company does well. Similar to the salaries we pay, our equity compensation is evaluated annually to ensure we are competitive.
Flexible spending account
An FSA is an account where you can set aside pre-tax money for out-of-pocket medical or dependent care expenses such as prescriptions, OTC medicine, vision care, childcare, etc. Every year you decide up front how much money you want to put in the account (the max is $2850 for Medical Care and $5000 Dependent Care.)