Benefits in our Austin office

Austin

Here’s an overview of our offer and benefits in Austin. We know everyone needs a little something different to do their best work and if you’d like to learn more about why we offer what we do visit our offer overview page here

Financial benefits and discounts

RSUs: We offer everyone who works for us RSUs as we’re building Wise together and want you to share in the success of our $5 billion company on a mission.

Personal development: There’s no shortage of learning opportunities at Wise and it’s up to you to choose where you want to develop your skills. That’s why all our employees have a dedicated yearly allowance to boost their professional development.

401(k): You can start saving towards your retirement with our 401(k) plan where Wise will match 100% of your contributions from 1-2% and 50% of your contributions from 3-6%.

Commuter benefit: You can enroll in a Commuter FSA that will set aside tax-free funds from your paycheck that can be used towards eligible commuter transit.

Two team members working on laptops

Taking care of your family

Parental leave: Family comes first and we don’t want people to miss out on any of the special, important moments.

So we offer:

  • 18 fully paid weeks of parental leave for birth or adoption, if you’ve been at Wise for 1+ year at the due date or adoption date. This applies regardless of gender, or their partner’s parental leave policies.
  • 10 days leave on full pay for any Wisers affected by pregnancy loss, ​​including those who are partners or surrogate mothers.

Health and wellbeing

Employee Assistance Programme: Our assistance programme provides 24/7 expert guidance and specialist support on any issue, from everyday matters to more serious problems that affect our employee’s wellbeing. Available online, over the phone and face to face, it’s free for all employees and confidential.

Annual leave: 36 days annual leave (holiday, paid time off) per year, including local public holidays.

Paid sabbatical: To reward the time and effort you’ll put into Wise after 4 years working here, you’ll have the option to take 6-weeks paid time off and £1,000 financial support in addition to your annual leave.

Short and long-term disability coverage: Wise will provide you with paid short-term and long-term disability coverage.

Health plan benefits: If you’re a full-time employee, you’re eligible to enroll in insurance coverage within your first 30 days of employment. The coverage options include, but are not limited to, *medical, dental, vision and supplementary coverage.

*This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.

Paid sick leave: You’ll receive 15 days of fully paid sick leave per year.

Life insurance: We’ll provide you with 1.5x the amount of your salary up to $200,000 in paid Life and Accidental Death and Dismemberment (AD&D) coverage.

Hybrid model of flexible working: Our employees can work remotely for 90 days a year. By ‘remote’ we don’t just mean from home, but from wherever in the world our employees choose. In addition to that, employees can choose to work from home up to three days a week. Find out more about our hybrid model of flexible working and why we introduced it from here.
*subject to tax, visa, performance and operational needs

Compassionate leave: We try our best to help our employees balance their work life with their personal/family life. There may be times when you need to care for another, have a family emergency that you weren’t expecting, or a bereavement. Compassionate leave is in place to use in these situations and covers up to 5 paid days per calendar year.

‘Me days’: 3 ‘me days’ per year to help manage life — this can be used for life admin, when the world becomes a little too much, or for errands like vet visits.

Volunteering day off: All full-time, active employees in Austin are provided 8 hours of Volunteer Time on an annual basis. You have the opportunity to contribute towards local community and/or philanthropic activities.

Paid bank holidays: You’ll get 11 paid bank holidays per year.

Four team members looking at the same screen

A home away from home

Food and drinks: When you’re craving a snack, you can also find a variety of treats and drinks in our kitchens. We also offer a weekly Team Lunch’s.

Social events and paid company trip: We arrange various local company events throughout the year, as well as coming together for larger gatherings with our colleagues around the world, for example, Mission Days. Every year, we take all our employees on a paid company trip. The goal is to bring everyone together, have fun, align on our goals and celebrate our mission. Unfortunately the global pandemic has put our loved tradition on hold, but we’re definitely bringing it back when we can. Until then, we’re connecting locally, where and in ways we can.

Games: There’s a relaxation space in the office for you to unwind. You can also take part in our regular video game tournaments.