Salesforce Employee Benefits Review: Are Their Careers Worth It?

Salesforce Employee Benefits Review: Are Their Careers Worth It?

Salesforce is a cloud-based company that provides enterprise software. It is based in the United States and headquartered in San Francisco, California. Salesforce employee benefits are competitive and one of the best in the industry.

The company earns most of its revenue through its Customer-Relationship Management (CRM) services. Besides CRM, it also sells enterprise applications for customer service, analytics, marketing automation, and app development.

Salesforce featured in the Fortune 100 Best Companies to Work For list in 2018 and 2019. The company houses 45,000 employees and has a worldwide presence.

Salesforce Employee Benefits Team

Brent Hyder – President and Chief People Officer

Brent Hyder – President and Chief People Officer

Brent Hyder joined Salesforce in September 2019. He oversees the company’s Employee Success department. Hyder’s responsibility is to ensuret hat Salesforce working culture continues to improve. He focuses on keeping the company’s award-winning reputation.

Before becoming a part of Salesforce, Hyder worked with Gap as its Chief People Officer and Executive Vice President.

Brent Hyder received his bachelor’s degree from Brigham Young University in Retail Management. He also serves on the Enterprise of Youth’s Board of Directors.

Find him on:

LinkedIn

What are Salesforce Employee Benefits?

Here is a complete overview of all major Salesforce employee benefits.

Employee BenefitsDescription
Medical PlanYou get healthcare for yourself, your family or domestic partner. All the medical plans are provided through UnitedHealthCare or Aetna. Your options are PPO, EPO, HDHP Premium Plan and HDHP Standard Plan. Both HDHP plans offer HSA.
Dental CoverageYou get coverage through the Delta Dental Plan. If offers 2-3 free checkups every year. It also covers a portion of the cost of dental emergencies and procedures. You get coverage for basic and major surgeries and preventive and diagnostic exams. You can choose between Delta and Standard and Premium Plans.
Vision CoverageYou get coverage through the VPN program. It gives you discounted rates for eye exams, glasses, contact lenses, and lenses. You can choose between standard and premium in-network plans.
401 (k) Savings PlanYou can contribute between 1% to 50% of your eligible compensation. Salesforce gives you a 100% match for up to 6% of your salary.
Disability CoverageShort-term disability coverage is 80% of your earnings for up to 6 months. You get a maximum of $5,000 every week. Long-term coverage starts after STD expires. It covers a portion of your expenses until you reach the age of 65 or come back to work.
Flexible Spending Accounts (FSA)The money you set aside for FSA is tax-free. You can pay for dependent care or healthcare expenses.
Employee Stock Purchase Plan (ESPP)You can purchase Salesforce’s stock at a 15% discount.
Paid Time-offThe number of leaves depends on the number of years you have been with the company.
Employee Assistance ProgramThis program helps you with your day-to-day challenges in both personal and professional life.
Student Loan RefinancingYou can enroll in SoFi student loan refinancing program for a few bonuses that are offered to Salesforce employees only.
Commuter BenefitsCommuter benefits are administered by WageWorks. You can set aside about $260 for both commuting and parking expenses.
Tuition AssistanceSalesforce reimburses 100% of your tuition and related expenses for up to $5,250 per year. Your degree or certification program must be related to your current job at Salesforce.
International Assignments If Salesforce sends you on an international assignment, it provides you and the family healthcare coverage through Cigna International.
Employee DiscountsYou can get discounts on things like Ray-Ban glasses, nanny services, concert tickets, house cleaning, travel, fitness, and spa by enrolling in Fond.
Emergency Travel AssistanceYou are automatically enrolled in this program. It provides you assistance during emergencies while traveling.
Maternity and Paternity LeaveBirthing mothers get 26 weeks of paid maternity leave. Secondary caregivers can take 12 weeks off at 80% of their salary.

What Employee Benefits is Salesforce Known for?

Salesforce employee benefits are some of the best in the industry. The company is known for its cost-effective and practical coverage plans. Salesforce understands that offering good benefits is one of the easiest ways to keep employee morale high. The company, as a result, also enjoys a very high employee experience rating on Glassdoor.

Here are a few of the best-known benefits offered by Salesforce:

  • A comprehensive healthcare insurance plan.
  • Student loan repayment assistance.
  • Employees get a 100% 401 (k) match up to 6% of their salary.
  • A generous PTO policy that gets better with an employee’s years of service.
  • 26 weeks of paid maternity leave.
  • Employee Stock Purchase Plan (ESPP).
  • Commuter benefits.
  • Tuition assistance.
  • Employee discounts.
  • Dependent care FSA.

Salesforce offers an extensive healthcare plan including transgender benefits. The company offers a few plan options administered either by UnitedHealthCare or Aetna. Dental and vision plans are available through Delta Dental and VPN network respectively. You can also open your HSAs with some of the offered plans. Most of these plans also provide Prescription Drug Coverage and wellbeing programs.

The company offers comprehensive investment and savings options. Salesforce’s 401 (k) match is 100% for up to 6% of your eligible salary.  One of the best benefits is that you can rollover your 401 (k) contributions from your previous job. You can make both pre-tax and Roth contributions. All investment options are administered by Fidelity.

Employees can get excellent discounts of up to 15% on travel, fitness, and spa, etc. You have to enroll in Fond to enjoy these benefits. In addition to these, you can also get employee discounts on items and services like Ray-Ban glasses, nanny services, concert tickets, and house cleaning.

Besides employee discounts, Salesforce maternity/paternity leave is also excellent. Birthing mothers can get 26 weeks of paid maternity leave. Secondary caregivers can also take 12 weeks off with 80% of their salary. Parents also get four more weeks to return to work. They also get extra perks such as discounts on baby products, summer camps, nanny services, and Milk Stork shipping services.

How does Salesforce Help with Student Loans?

Student loan repayment has caused major financial stress for Americans. Their combined student debt has reached $1.5 trillion. That is why most college graduates apply to employers who offer student loan benefits. But unfortunately, only 4% offer it.

Recently, Salesforce partnered with FutureFuel.io to offer employees student debt centric benefits. Salesforce employees now have access to benefits designed to help them shave years off of their student debt – their own or those of someone they love. To enjoy this benefit, employees can Register an account with their Salesforce email, connect their loans, and let FutureFuel.io guide them into a more successful financial future.

Moreover, Salesforce also offers tuition reimbursement to its employees.

How do Salesforce Benefits Change for Different Jobs?

Salesforce employee benefits are offered to all its full-time and part-time employees. The nature of these benefits changes with different job types, states within the U.S and across the world. Here are a few ways these benefits change for different jobs:

  • Employees in California and Oregon can also choose Kaiser as their healthcare provider.
  • Short-term disability coverage for employees in California is 70%. Their maximum weekly limit is $4,375 per week while everywhere else it is 80% and $5,000 per week.
  • Paid time off depends on the number of years you have been with the company. Interns are not eligible to take any paid time off.
  • Your job type determines your eligibility for different plans.
  • Tuition reimbursement and Stock Purchase programs are not offered to interns.

Benefits also change to a certain extent for full-time and part-time employees.

How Salesforce Improved its Benefits Package Overtime?

Salesforce was founded 20 years ago. During this short period of time, it has become one of the best places to work due to its employee benefits. The company has tried its best to make its coverage plans as extensive and comprehensive as possible. It also offers multiple coverage plans so its employees can make decisions based on their financial situation.

Benefits like paid time-off also improve with time; the more years you spend with Salesforce, the more leave you get.

The company has also introduced a generous benefits program for adopting parents and parents through surrogacy. These perks are given to you regardless of your gender.

Salesforce is a progressive company that constantly upgrades its perks and benefits so that its employees can keep with the ever-changing economic and social setup.

Are Salesforce Careers Worth It?

If you want a job that allows you to have a good work-life balance, then Salesforce is a place to be. The company’s environment is fast-paced and competitive. You get plenty of opportunities to learn new things and progressive technology.

Salesforce employee benefits and its coverage packages are quite comprehensive. They help you achieve financial stability and its excellent 401 (k) plan helps you save easily for your retirement. From a professional career point of view, you will get salary increments and also possible promotions within the company.

All of these factors make Salesforce a good career option.

Discover Salesforce Jobs and Careers

Here are a few places you should bookmark if you want to build a career with Salesforce.

Salesforce Careers

Salesforce career page lists all the available job vacancies. The page features jobs from all over the world. To find vacancies in your area, you can apply different filters to narrow down your search. Each job listing has all the details such as job descriptions, requirements, and a basic job summary. You can submit your application online.

Salesforce Glassdoor

There are about 2,000 Salesforce jobs listed on Glassdoor. All these jobs contain additional information including salary, location, job descriptions, and requirements, etc. You can also see employee reviews to get an idea about Salesforce’s work culture and environment. The search feature allows you to narrow down your search. You can submit your application online through Glassdoor.

Salesforce Indeed

Indeed is one of the best places to look for Salesforce jobs. Each job listing has complete information related to the post. The search feature will help you save time by narrowing down your search. In addition to employee reviews, you can see the Q&A section to get more details about how the company operates and what kind of employee experience it offers. You also can apply online through Indeed.

Salesforce LinkedIn

You can find jobs for different countries on LinkedIn. The search feature helps you to look for specific jobs based on your preferences. You can also find related-job details and an option to submit your application directly on the Salesforce website.

 

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