Page 17 - Cytokinetics 2022 Benefits Guide
P. 17

Additional benefits (continued)


          Employee Stock Purchase Plan (ESPP)                    Cobra
          Employees are able to participate in our ESPP up to 15% of   Whenever you lose benefits due to a non-benefited Status
          their base pay (subject to IRS limits) to purchase Cytokinetics   change or if you leave Cytokinetics, Federal law provides
          stock at a discount. At the time of purchase, you will benefit   that you and/or your currently covered dependents have
          from a minimum purchase discount of 15%.               the opportunity to continue your Group Health Coverage
                                                                 at group rates under the Cobra regulations.
          Education Assistance
          Cytokinetics encourages you to pursue further education   State Disability and Paid Family Leave Insurance
          that would be of direct benefit to Cytokinetics and you in   To protect employees who miss work due to a non-work-related
          terms of improved performance in your present position   accident or illness, caring for an ill family member, or baby
          or in preparation for future assignments. In support of this   bonding/parental leave, California law requires that a small
          mutual benefit, Cytokinetics offers an Education Assistance   percentage of each employee’s wages be deducted each
          Program. You are eligible to receive up to a maximum of   pay period for disability and paid family leave insurance.
          $10,000 per year for pursuing a degree or certification   Contributions are made through payroll deduction.
          relevant to the Company’s business. Courses must be
          job-related and approved in advance by your supervisor.   Social Security
                                                                 As an employee of Cytokinetics, you are covered under
          Wellness Programs                                      the provisions of the Federal Social Security Law (FICA).
          To encourage wellness and fitness activities, we offer   The amount of deductions from your wages for social
          employees exclusive access to our onsite fitness center   security taxes is matched by Cytokinetics. The total
          as well as free monthly webinars on your physical,     contribution is credited toward your Social Security benefits.
          mental, and financial well-being.                      In addition to retirement, disability and survivor’s benefits
                                                                 are financed through Social Security deductions.
          Biometric Screening
          We offer free Biometric Wellness Screening annually to   Unemployment Compensation
          our employees. Wellness screenings provide a quick and   If your employment terminates, you may be eligible to receive
          easy snapshot of your health. Having your key health   Unemployment Insurance (UI). In most cases, you must file a
          measurements can help increase your awareness about    claim in order to collect this benefit. If such a situation arises,
          your health and prevent serious health problems.       you should inquire about UI at the time of your separation
                                                                 from the company.
          Flu Shot
          Employees can take advantage of our on-site free annual   Workers Compensation
          flu shots.                                             Cytokinetics provides and pays for Workers’ Compensation
                                                                 insurance coverage. This insurance is intended to provide
          Adoption Assistance                                    medical care and pay for lost time and rehabilitation benefits
          Employees are eligible to be reimbursed up to $5,000 for   resulting from injuries on the job and from those illnesses
          eligible expenses relating to the adoption of a child.   caused by your work. Eligible employees will be paid a
                                                                 percentage of their regular base earnings through Workers’
                                                                 Compensation for a maximum period provided for by law.
          Credit Union
                                                                 If you are injured on the job, you must report immediately to
          Safe America Credit Union and San Mateo Credit Union
                                                                 your supervisor and HR in order to file the proper reports.
          are credit unions that are available to you. The credit
          unions provide a new generation of financial services with
          a variety of free checking accounts and access to ATMs,
          and some accounts pay dividends.








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