Basis Technologies Work-Life Balance & Wellbeing

How has Basis Technologies adapted its compensation and benefits to meet the ever-changing priorities of workers? What unique offerings set you apart?

At Basis, we understand that employee needs are continually evolving. What mattered to our Beeps before the pandemic has changed significantly. As our workforce ages and as we adapt to a new work environment, we’ve transitioned from traditional office perks like beer pong and happy hours to more relevant support systems such as a Working Parent ERG and retirement planning.

Our shift to a fully remote work environment with flexible arrangements reflects our commitment to enhancing work-life balance. We’ve also updated our compensation strategies to align with major metropolitan areas where our employees are based, rather than the locations of our old offices.

To support a healthy work-life blend, we’ve introduced a range of benefits designed to meet our employees’ needs. These include virtual urgent care, virtual primary care, virtual meditation and virtual therapy services. Additionally, we’ve replaced our gym reimbursement program with a lifestyle spending account, offering greater flexibility and a broader range of options for our Beeps.

How does your compensation strategy support work-life balance and career advancement? 

At Basis, our compensation strategy is thoughtfully designed to enhance both work-life balance and career advancement, ensuring a well-rounded and motivated workforce. To support work-life balance, we offer flexible work arrangements, including the option to work remotely with a four and a half-day work week and flexible hours. Our unlimited paid time off policy includes a three-week sabbatical every four years, one day annually for community service, mental health days to combat burnout, jury duty leave, bereavement leave, Election Day off to facilitate voting and traditional vacation time. For those in need of parental support, we provide 16 weeks of paid leave for child-bearing parents and eight weeks for non-child-bearing parents.

In terms of career advancement, Basis is dedicated to employee growth through various professional development opportunities. We offer equity grants to all new hires and provide additional grants at key career milestones, ensuring that our employees have a stake in the company’s success. Additionally, our lifestyle spending account supports a wide range of needs — from fitness and mental health to education and personal development — allowing employees to tailor their benefits to their individual circumstances. By integrating these comprehensive programs, Basis fosters an environment where employees can thrive both personally and professionally.