Benefits
The following benefits are available to full-time OCV team members:
- Healthcare (Medical, Dental, Vision)
- US-based team members (employees working working a minimum of 30 hours per week) can select benefit coverage through their payroll system account.
- Annual open enrollment generally starts around end of July through first week of August. New plans start on October 1 of each year.
- Coverage for new hires begins 1st of the month, on or after hire.
- LLC partners are not eligible for tax-advantaged accounts of any kind per IRS restrictions.
- 401K matching
- 100% of contributions on the first 4% deferred.
- Auto-enrollment at 3 months after the start date.
- Life insurance (Basic)
- Coverage up to USD $50,000.
- Sick Leave
- 160 hours earned throughout the year (by pay period). The remaining time-off balance for this policy is not paid out upon employee termination.
- Unlimited PTO
- Parental Leave
Perks
- All-remote work
- As part of our all-remote policy, we ask employees to live and work within one of the four states (CA, CO, TX, NY) where OCV maintains current state registrations.
- When moving within a state (even if itβs just a new zip code a couple of miles away), employees must notify their managers and update their home address profile in the payroll system as of their move date. Delayed reporting can trigger missed city-specific registration deadlines and incur unnecessary time and costs to remedy the penalties.
- When moving to another state where OCV has a current state registration, employees must notify their manager and the Accounting Team in advance and update their home address profile in the payroll system as of their move date.
- Note: state payroll tax jurisdiction cannot be changed during a pay period, location change has to coincide with the beginning of a pay period.
- When planning a move to a state where OCV does not maintain current state registration, employees must discuss with their manager and obtain approval before the move. New state registrations can take time to set up and incur significant additional management overhead for the business. OCV will need to evaluate the business case for the move as part of the approval process. Without prior approval, a move to a location without proper business registration may result in termination because we canβt legally hire you to work in that state.
For full-time team members:
- Home internet reimbursement
- Home office setup (up to USD $1,000) or access to a co-working space (comparable to WeWork All Access pass), if desired
- Cell phone service stipend (USD $50/month)
- Team members will need to use personal cell phone numbers for business use occasionally.
- This stipend will be included in your paycheck.
NOTE: This page is specifically for OCV (the firm), not OCV companies. For high growth venture backed companies, please refer to:
Compensation & BenefitsΒ