Getting a job at Facebook is a dream that many people in tech have. It is one of the most popular social media platforms, and working there comes with amazing benefits. In fact, Facebook’s benefits and perks have earned it the title of one of the best places to work. In 2021, Meta was number 11 on Glassdoor’s annual list of best places to work.
This article will explore Facebook employee health benefits, employee education benefits, medical benefits, and other powerful benefits, and more. All of these benefit offerings can help you gain greater satisfaction with life and your in-person and online communities. Read below to learn more about Facebook’s approach to benefits.
Facebook Overview
Facebook is a free American social networking platform founded in 2004 and owned by Meta Platforms. The company founder, Mark Zuckerberg, teamed up with his Harvard University roommates to develop what has become the world’s number one social networking service. Over 2.8 billion active users visit the site monthly, according to Statista.
Facebook is headquartered in the heart of Silicon Valley at Menlo Park, California, and employs over 50,000 people. The employees are spread across 80 cities worldwide. Additionally, the company owns a wide range of products, including Facebook View, Facebook Shop, Messenger, Instagram, Facebook Groups, Facebook Pages, Oculus Products, Facebook for Business, and more.
Facebook Average Salary, Benefits, and Employee Perks
Facebook, now under the Meta umbrella, appears on many “Best Places to Work” lists every year thanks to the environment it provides for its employees. The company offers amazing benefits, salaries, and bonuses to encourage employees and create a comfortable work environment. Below are some of the benefits you can expect when working at Facebook.
Facebook Salaries
According to PayScale, the average salary for Facebook employees is $124,000. However, this figure may change depending on your position and experience. For example, PayScale statistics indicate that a Facebook software engineer’s salary is approximately $129,838 annually, whereas a technical sourcer will earn $93,754 per year.
Facebook Employee Benefits
Health Care Flexible Spending Account (FSA)
This FSA will allow you to pay for certain healthcare expenses with pre-tax money. There are many benefits for users experiencing health issues. Full-time Facebook employees choose a contribution amount annually during Open Enrollment and gain immediate access to the full amount.
This account also includes your eligible dependents and allows a $550 roll over to the next year if the amount is not depleted. Facebook partners with various health insurance companies to ensure employees receive affordable healthcare.
Mental Health Coverage
Facebook prioritizes the psychological well-being of its employees, hence the mental health coverage program. This benefit is open to full-time employees, spouses, adult disabled children, and children up to 26 years. This raises the bar on employee benefits.
You will have access to the Lyra Mental Health benefit, which allows a limited number of free therapy sessions annually from the Lyra team. The mental health package also comes with several medical plan options and resources, including a copay fee and reimbursements.
Maternity Benefits and Paid Parental Leave
Maternity and parental leave are important at Facebook, and the company tries to ensure the comfort of all employees. First of all, expectant parents can select between the PPO and EPO medical plan or Kaiser HMO plan, covering a percentage of pregnancy procedures. In addition, mothers can take a six to eight-week maternity leave.
There’s also an additional four-week leave, which you can take before the due date of the child. Overall, if you are a full-time Facebook employee, you are eligible for four months of paid leave for newborn and adopted children. You can also access psychological measures for new parents.
Wellness Centers
Facebook wellness centers are open to full-time employees, short-term employees, and interns. Employees at the Facebook HQ in Menlo Park have access to the onsite wellness centers, which are more convenient. There are also virtual communities for wellness.
Some accessible services in the offline community include acupuncture, dental, vision, physical therapy, coaching, and psychiatry. The cost depends on the standard copays relevant to your health insurance. You can also access employee disability benefits and employee exercise benefits.
Legal Benefits
Sometimes, you may be caught in a legal problem with no representation, which can be stressful. Working at Facebook gives you access to high-quality legal services and action strategies from Hyatt Legal. Facebook works with Hyatt Legal to provide legal support to its employees and their families. This is one of the strongest legal benefits programs out there.
Leave Programs
Life can be overwhelming, and sometimes you may need time off from work. Facebook has created leave programs that allow employees to take time off and care for themselves to ensure life satisfaction. You will communicate with an HR representative who will allocate days from your annual leave days. In addition, employees receive a 30-day paid break every five years.
Cancer Care Program
At Facebook, management understands that a cancer diagnosis can take a toll on you. Therefore, the company has set up a cancer program for PPO and EPO plan holders. The company has partnered with City of Hope and Health Design Plus to give employees access to the top cancer care programs in the United States.
The program covers diagnosis, evaluation, referrals, transportation to facilities, and access to follow-up support for up to 12 months. The services are 100 percent covered, and you will not receive any additional charges. Everything from assessments, screening, consultations, review by a specialty physician, and care planning discussions are free.
Dental Benefits
Full-time Facebook employees have access to Delta Dental, which offers two dental plans: the Dental 2000 and Dental 3000. The plans offer the same services but vary on your monthly contribution and maximum cost per person, including your dependents. The benefits include preventive care, implants, and orthodontia.
Facebook Bonuses
According to PayScale employee reviews, a Facebook employee receives an average of $14,000 in bonuses per year. According to the feedback analysis, the amount ranges between $7,776 and $$22,500. Keep in mind that these figures are all PayScale estimations derived from Facebook employee reports.
Facebook Employee Discount
Facebook employees have access to several discounts, including a $250 monthly Facebook Business Ads Credit, which come in handy to help them achieve their business goals. Apart from advertising benefits, employees also get a Headspace subscription discount, Rethink program discount, and a mobile phone discount.
Interns and full-time and short-term employees working at least 20 hours a week also receive the wellness reimbursement discount. The company refunds $720 to its employees and $240 to interns to cover money spent on fitness centers, smartwatches, sports leagues, and more.
Other Facebook Perks
Facebook employees enjoy free meals and snacks throughout the day. In fact, there’s a micro kitchen on each floor at Facebook HQ and other offices, which carries an array of fruits, snacks, and drinks for the employees.
You will also have access to bikes on campus, commuter shuttle buses equipped with power outlets and Wi-Fi, quiet rooms, an onsite fitness center, and up to $4,000 to help with newborn expenses for new parents.
Other perks include life insurance, retirement plans, equity awards, access to Turbo Tax, tax consultations, autism coverage, dependent care FSA, fertility benefits, medical second opinion, and gender transition coverage. You can view the full list of benefits on the company’s website.
What’s It Like to Work at Facebook?
Employee reviews on Glassdoor and other job listing websites show that working at Facebook is fun and fulfilling. The company encourages employee career growth through training programs and coding bootcamps. For example, the Return to Work Program is a 16-week immersive program for people who have been away from the workforce for more than two years.
Additionally, employees love that Facebook has fostered a work culture that cares for and supports its employees. Employees appreciate the amazing benefits and perks, work environment, and workplace versatility because each day brings a new challenge. There’s never a dull moment working at Facebook.
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Facebook Working Environment
Generally, the work environment at Facebook is relaxed and casual. You will work with a team of supportive, friendly, and innovative people who handle challenges with ease and create positive change. The organization encourages employees to embrace their authentic selves by prioritizing diversity and inclusivity.
Five core values govern the work environment at Facebook: Be Bold, Focus on Impact, Move Fast, Be Open, and Build Social Value. However, to work at Facebook, you must embrace flexibility and teamwork. You must be versatile and open to change.
Facebook Work/Life Balance
A healthy work/life balance helps you become more productive and enjoy your life outside of work. With this in mind, Facebook provides its employees with a reasonable work/life balance through paid sick leave days, flexible schedules, and paid vacations and holidays. You will also receive 21 annual leave days and access to mental health programs.
Moreover, full-time Facebook employees are eligible for a 30-day paid time off every five years. New parents are also eligible for four months of paid parental leave, allowing them to bond with their children. But the best part is the leave program, which allows employees to take time off when they feel overwhelmed or unmotivated at work.
How to Work for Facebook
Working for Facebook takes skill, experience, and passion. The company hires a wide range of applicants, from undergraduate students and bootcamp graduates to experienced professionals. If you’re wondering what it takes to work for Facebook, below are some useful tips to get you one step closer.
- Improve your coding skills. Most Facebook careers focus on engineering and software development. Facebook Technical Program Managers, or TPM, research and develop new social network tools. The activities are centered on programming, so you should learn at least one programming language, such as PHP, C++, Java, or Erlang.
- Research Facebook products. As a Facebook employee, you must be familiar with the company’s products. Understanding how each product works sets you apart and increases your chances of working at Facebook. Some of the products include Facebook Email and Facebook Places.
- Be open to learning. One of Facebook’s core values is to be open. As the company grows, there’s always something new to learn, and the company provides opportunities for its employees to develop professionally. As you prepare your resume, emphasize that you are an innovator. Facebook is always looking for creative and flexible employees.
- Be prepared to develop your own place. Unlike other companies, Facebook gives its employees the freedom to create their own space. After the onboarding bootcamp, you will understand what the company expects of its employees, which will help guide you.
- Prepare for the interview. Facebook has an intense hiring process, but the goal is to capture the hiring manager’s attention. Organize your application material, practice beforehand, and build your confidence. Facebook encourages authenticity. Therefore, remember to be yourself throughout the hiring process while exuding confidence.
Jobs You Can Get at Facebook
Job Title | Average Salary |
---|---|
Product Design Manager | $219,148 |
Senior Software Engineer | $201,159 |
Machine Learning Engineer | $166,598 |
Research Scientist | $176,883 |
Sourcing Manager | $158,665 |
Software/Firmware Test Engineer | $148,448 |
Data Scientist | $147,412 |
Product Manager | $113,446 |
Business Operations Analyst | $81,176 |
Product Specialist | $61,004 |
Should You Get a Job at Facebook?
Yes, you should get a job at Facebook. Working at Facebook gives you access to Facebook benefits, opportunities for growth, and a chance to work with some of the best innovators in the game. The company culture is focused on growth and diversity, creating a fun and relaxed work environment.
However, to thrive at Facebook, you must be skilled and experienced. You can enroll in the various training programs at Facebook or find a reliable coding bootcamp to enhance your knowledge and acquire new skills. The best software engineering bootcamps or data science bootcamps can help you get there.
Facebook Benefits FAQ
Yes, landing a job at Facebook can be challenging, as it receives thousands of job applications. For this reason, the company abides by very strict employment standards that make it hard for any applicant to qualify. However, if you can showcase your passion, creativity, and willingness to learn, your chances will increase.
Facebook has an impressive list of health benefits covering employees and their dependents. Employees receive full coverage health insurance that features three different medical plans (PPO, EPO, and Kaiser HMO). The health wellness initiative also covers autism, cancer, fertility, pregnancy, and more. You will also receive life insurance and disability support.
No, most Facebook benefits are the same across the board for full-time employees and short-term employees who work more than 20 hours a week. However, some perks like onsite wellness centers, fitness centers, restaurants, and onsite dental care may not be available in all locations.
Yes, the wellness reimbursement program refunds cash spent towards athletic activities like gym memberships, sports leagues, and buying sports gear. Therefore, to get some or the entire amount, you must prove that you invested your money towards your active wellness.
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