Genelabs provides the Medical Plan at no cost for employees, with a small premium paid by employees for dependent coverage. There is no additional cost for this coverage for employees or their dependents. There is no additional cost for this coverage for employees or their dependents. There is no additional cost for this coverage for employees or their dependents. Additional benefits, up to an additional year's salary, are payable in the event of death or dismemberment resulting from an accident.
New employees are eligible to participate the calendar quarter following their date of hire.
Several investment alternatives and loan features are available. An open enrollment period occurs at the end of each year. After six months' employment, Genelabs provides financial assistance to employees who want to further their education. Financial support may include tuition, books and fees for work-related courses at accredited schools and colleges and is paid upon satisfactory completion, with prior management approval. Awards recognize and reward individuals or groups who make special contributions, exceed established project objectives or achieve individual goals and objectives above and beyond the call of duty and are of significant value to the company.