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Okta’s retirement, death, and disability benefits provide financial protection for you and your family. Save for your future through your retirement savings plan. Okta contributes monthly old age contributions at 60% of the total contribution per the schedule below:

Note that the insured salary for the old-age contributions = AVS salary reduced by the coordination deduction (2022: CHF 25,095 – part-time degree considered. The maximum salary for old-age contributions and risk benefits is CHF 860,400 (2022).

Disability Benefits

• Disability pension: 50% of insured salary; 24-month waiting period
• Disabled person’s child’s pension: 8% of insured salary; 24-month waiting period
• Waiver of premium: Waiting period of 3 months

Death Benefits

• Spouse/partner pension: 25% of insured salary (death before retirement); 60% of retirement pension (death after retirement)
• Orphan’s pension: 8% of insured salary*
• Additional lump sum: 100% of insured salary (due to sickness or accident)
• Available retirement assets (due to sickness or accident; not in addition to spouse/partner pension)

*Insured salary risk benefits = AVS salary

Note that the insured salary for the risk benefits (disability and death benefits) is the annual AVS salary capped at CHF 860’400 (2022). There is no coordination deduction for the risk benefits. The risk and administration costs are fully financed by Okta.

Okta’s group personal accident coverage can help you take care of yourself and your family if you become totally and permanently disabled or die. New employees are automatically enrolled and Okta provides this cover at no cost to you. 

Mandatory accident insurance (all a percentage of insured salary up to CHF 148,200):

Supplementary accident insurance

At no cost to you, Okta provides partial disability cover if you’re unable to work due to sickness. After a 30-day waiting period, you receive 80% of the insured salary for up to 730 days (the insured salary is capped at CHF 300’000).

Your safety and security is very important to us, especially while you are traveling on company business. With that in mind, we are pleased to provide you with business travel accident (BTA) cover from an AIG member company, at no cost to you. BTA provides you with coverage in the event you and your eligible dependents, if traveling with you, experience any travel inconveniences, security issues or medical emergencies while traveling on behalf of Okta for company business, anywhere in the world. As part of this coverage, you are also provided with: 

• Travel security assistance 
• Travel medical assistance 
• Identity theft assistance Concierge services 

To get started with your BTA insurance, please take the time to review this information: 

• Guide to reporting claims
• Assistance services ID card
• Videos to help you get started with the AIG travel assistance app and website

Okta offers full-time employees reimbursement for personal mobile and internet service. A monthly maximum reimbursement amount applies. Employees may also opt in to a corporate mobile program, if they do so, they forfeit a personal mobile reimbursement. For more details, see the T&E policy on the Expenses page on The Landing.

Okta sets your bonus target as a percentage of your base pay, based on your job level. The company’s performance against pre-established objectives determines whether Okta will pay bonuses each year—there is no guarantee. Company performance objectives may include achievement of annual revenue targets, net annual recurring revenue, bookings, and EBITDA.

Okta’s equity grants are made in the form of Restricted Stock Units (RSUs). RSUs are a form of equity compensation issued by Okta. Okta grants RSUs at no cost to you. For each grant, Okta converts the value into a number of RSUs based on the monthly average closing price of one share of Okta in the month prior to the grant.

You have another opportunity to benefit from the company’s growth and the shareholder value your work helps to create. By choosing to participate in the employee stock purchase plan (ESPP), eligible employees can invest directly in the company—by purchasing shares of Okta stock at a discount. Buy shares of Okta stock twice a year and get at least a 15% discount on your shares. You decide if you’d like to participate and how much you’d like to contribute—anywhere from 1% to 15% of your eligible pay. Certain limits apply. Please note:

• Eligible employees have two opportunities each year to enroll: May and November. If you miss the window, you’ll need to wait until the next enrollment period.
• Shares are purchased twice a year on June 20 and December 20. The amount you pay for the shares is the lower of two prices—the offering date price or the purchase date price. The 15% discount is applied to the lowest of the two prices.
• Once purchased, your Okta shares are yours to keep. When the purchase period ends, shares are purchased for you and are deposited into your E*TRADE account. At that point, you own your Okta shares, and you decide how long to hold them.

Questions? Go to the Okta Equity page on The Landing or email stock@okta.com.

In addition to the holidays below, we’re excited to share that all of Okta will recognize the last week in December (December 23 - 27) as a global Wellbeing Week.

Eligibility: All employees in Switzerland.

Entitlement: 25 days annually.

Accrual rules: Balances are granted on 1 January or date of hire. New hires receive a prorated portion of the annual entitlement.

Carryover rules: All unused days carry forward from one calendar year to the next to be used by 30 June. Unused carryover balances are forfeited in July.

How to request vacation time: Submit requests in half or full day increments through Workday for manager approval.

Eligibility: All employees in Switzerland.

Entitlement: 15-66 days annually based on years of service as follows:

• 15 days in the first year of service (following 3 months of employment).
• 22 days in the second year of service.
• 44 days in the third and fourth years of service.
• 66 days in the fifth to ninth years of service.

Accrual rules: Balances are granted three months following the date of hire and refreshed each year on the anniversary of the hire date.

Carryover rules: Unused balances do not carry forward and are not paid out.

How to request sick time: Submit requests in half or full day increments through Workday for manager approval.

Additional information: Requests longer than 3 consecutive weeks will be treated as a sickness leave of absence.

Each calendar year, you can take four paid days off to engage in volunteer events with an eligible non-profit.

Okta is proud to offer an 18-week parental leave that is equitable and extends to all parents, regardless of birthing or caregiver status. Okta coordinates with local statutory leave laws to provide you with income replacement while you’re away. You can take your leave all at once or intermittently (in at least week-long increments), within 12 months of your child’s birth or placement. For details on the parental policy or questions on your leave eligibility, email pops@okta.com.

Eligibility: All employees in Switzerland. 

Entitlement: 3 or 5 days (see the “Additional information” section below). 

Accrual rules: Time is not accrued and does not carry a balance.

Carryover rules: Not applicable. 

How to request bereavement leave: Submit requests through Workday for manager approval. 

Additional information: Employees may take up to 5 days for the loss of an immediate family member or a loss of pregnancy, and up to 3 days for a non-immediate family member. Immediate family members include your spouse/partner, child, sibling, parent/stepparent (including in-laws), grandparent/step grandparent, grandchild/step grandchild.

Eligibility: All employees in Switzerland.

Entitlement: 1 day per wedding.

Accrual rules: Time is not accrued and does not carry a balance.

Carryover rules: Not applicable.

How to request attendance of a wedding leave: Submit requests in half or full day increments through Workday for manager approval.

Eligibility: All employees in Switzerland.

Entitlement: 3 days.

Accrual rules: Time is not accrued and does not carry a balance.

Carryover rules: Not applicable.

How to request a marriage leave: Submit requests in half or full day increments through Workday for manager approval.

Additional information: The entitlement is per marriage. Time off must be taken at the time of the marriage. Only an employee's own marriage qualifies.

Eligibility: All employees in Switzerland.

Entitlement: 1 day per move.

Accrual rules: Time is not accrued and does not carry a balance.

Carryover rules: Not applicable.

How to request a moving leave: Submit requests in half or full day increments through Workday for manager approval.

Modern Health provides a combination of on-demand digital tools with virtual coaching (and therapy, if needed). You set up the approach that best meets your needs. Your family members are also covered at no cost to you. 

Any information you or your family member provides through Modern Health or discusses with your dedicated coach or therapist is confidential. Your name, records, and other private information will not be shared with Okta.

How Modern Health can help you and your family

Modern Health provides support for many areas, such as:

• Work performance—find coaching and support to improve productivity, leadership skills, work relationships, and professional development
• Financial wellbeing—for example, when your student loan debt seems to take over, or you need help with saving for an emergency and planning for future financial needs
• Help with life challenges—like preparing for having a family, adjusting once you’re a parent, getting help with child care and elder care, and dealing with loss
• Diversity and inclusion—to better understand and overcome bias or find balance between your personal and work identity
• Stress and anxiety—for when even small things seem really big and scary
• Healthy lifestyles—to help you move more, eat healthier, and sleep better
• Mindfulness and meditation—techniques for managing stress, focusing, and meditating
• Relationships—with your partner, friends, family, and dating

You can share Modern Health with your family members. This includes your legal spouse/partner, your child(ren) between the ages of 6 and 26, and relatives that reside in the same household as you.

You and your family will receive up to 8 therapy and 8 coaching sessions per person per calendar year, in addition to unlimited access to Modern Health’s digital resources.

Getting started with Modern Health

To get started visit the Modern Health website or download the Modern Health mobile app. You can also access Modern Health via SSO on your mobile device. To get started via SSO, follow these steps:

1. Open Okta Verify.
2. Select Launch Dashboard.
3. Select Sign in with Okta FastPass.
4. Search for Modern Health on your Launch Dashboard and select it.
5. If you then download and open the Modern Health mobile app, you should be automatically authenticated.

Note that your family members’ Modern Health access is initiated by you in the app settings. Your family members will need to provide some basic information such as their name, birthday, and email address, then Modern Health will send them an email to register. In most countries, Modern Health is only available to those 6+ for therapy, and 18+ for all other content. Learn more about getting started with Modern Health.

Take a confidential wellbeing survey to start

After you’ve registered, you can complete an online wellbeing survey through Modern Health. From there, Modern Health will deliver you a personalized wellness plan, match you with the appropriate personal coach, and provide you with personalized links to the Modern Health digital library.

Connecting on your terms

Modern Health provides you with up to 8 video sessions with your coach or therapist. You also have unlimited access to your coach through text or email.

If your coach or your well-being survey indicates that you have a clinical need—for example, you may suffer from depression—Modern Health will recommend a therapist to work with you in addition to your dedicated coach.

As you get to the end of your covered sessions, you and your coach or therapist can work with Modern Health to determine the next steps for continuing your relationship.

24/7 counselor phone support for urgent needs

If you need support right now, Modern Health provides 24/7 counselor phone support for urgent needs and critical incidents, extended work-life services, manager support for workplace concerns through their EAP partner, Workplace Options (WPO). You can find more information in this flyer or through Modern Health’s FAQ.  

Modern Health digital resources

Along with your confidential sessions with your coach or therapist, and 24/7 support, Modern Health also provides you with a variety of on-demand resources, such as: 

• Educational videos and flyers on helpful topics such as the difference between coaching and therapy, a coaching miniseries, caregiver resources, and support for children and adolescents.
• Self-guided courses on a variety of topics, such as: Building Healthy Habits, How to Set Yourself Up for Better Sleep, the Art of Giving & Receiving Feedback and more!
• Short meditations to help you practice mindfulness. 
• Circles, which are community spaces to help you learn, grow, and connect across topics that impact your day-to-day life. You have unlimited access to Circles – attend as many or as few as you like. Learn more about Circles. 

Modern Health regularly refreshes these topics so feel free to come back if you don’t see something for you right away. 

Visit the Global Employee Experience page on The Landing to learn about all of our great programs!

We have partnered with Carrot Fertility to provide our employees with inclusive fertility, hormonal health, and family-forming benefits. Employees can use Carrot to get personalized support – regardless of age, race, income, sex, sexual orientation, gender, marital status, or geography. This support* includes:

Through Carrot, you can get support* with:

• Understanding fertility health (e.g., fertility testing and ovulation tracking)
• Preservation (e.g., egg, sperm, embryo freezing)
• Assisted reproduction (e.g., in vitro fertilization)
• Adoption, gestational surrogacy, and donor assistance
• Pregnancy and postpartum (includes funds for doula support and milk shipping)
• Perimenopause, menopause, and low testosterone (i.e., low T)

*These services are subject to any local legal law and regulations, all benefit-eligible employees and their eligible spouse/partners can participate in this program. 

How Carrot works

To get started, go to the Carrot website or use the Carrot app on your Okta dashboard. After you register, you’ll be assigned a dedicated care team of benefits experts and fertility clinicians to support you with high-touch care and guidance throughout the family planning process.

• You can schedule a personal consultation with the Carrot care team – to learn more about your options and connect with a top provider in your area.
• You have access to Carrot’s global provider directory – including 2,700 clinics and 1,250 attorneys and agencies in more than 42 countries. Carrot also gives you discounts and expedited appointments at top fertility clinics.
• Your care team can also answer medical, legal, benefits coverage, and regulatory questions.

Okta provides you with money for reimbursing your eligible expenses related to fertility healthcare and adoption. This may include reimbursement of up to 100% of your eligible expenses, up to a $5,000 annual maximum. Expenses for you and/or your spouse or domestic partner are combined. Please note that some banks may charge an international transfer fee.

Review the Carrot benefit guide for more details and frequently asked questions about eligible fertility treatment and adoption expenses.

Additional support resources

The following documents provide details about how Okta manages the program:

• Fertility program plan document
• Surrogacy program plan document
• Adoption assistance plan document
• Pregnancy support overview
• Menopause and low T support overview
• Infertility health reimbursement arrangement (HRA) plan document

Bump Boxes help Okta to celebrate and support expecting families during pregnancy, after your baby comes into the world, and as you return to work after bonding time with your new baby.

• When you register for Bump Boxes, you’ll receive three boxes with fun (and useful) swag that promotes a healthy pregnancy and things you can use when your baby arrives.
• Non-birthing Parents can sign up too! You or your spouse/partner will receive the first Bump Box starting the third trimester. The second and third boxes will be sent shortly after the due date that you've provided.
• You can register at any time during pregnancy.

Whether you’re planning for the future, helping a loved one, or actively providing short- or long-term care, Grayce is here to support you. Grayce experts provide personalized support to navigate needs such as:

• Finding in-home care
• Navigating legal planning
• Addressing your own wellbeing while caring for your loved ones

When you get started with Grayce, you’ll be matched to a dedicated Grayce expert who will guide you through any stage of your care journey, whether you’re navigating planning, ongoing care, transitions, crises, or bereavement. You can stay in touch with your Grayce expert via chat, phone, or video calls.

What's covered?

Grace is available to all Okta employees. To register, visit the Grayce website and follow the account overview guide. Once you sign up, you can invite others to join.

Okta pays your Grayce subscription fee, which includes an initial consultation to create a care plan with a Grayce expert and an additional four hours of expert support. In addition, you have the option to purchase more hours of support if needed, which will be billed directly to you.

For help registering, contact the Grayce support team at team@withgrayce.com. You can also learn more about Grayce by watching the What is Grayce? video or by reviewing these FAQs.

Switzerland Benefits Summary 
Modern Health family and caregiver resources 
Behavioral health coverage by country medical plan
Gym and/or fitness discounts by country medical plan
Pension vs. Lump Sum Overview

You can view prior benefit webinar recordings on OktaTV.

With questions, please submit a ticket through the People Portal from your Okta Dashboard or email pops@okta.com.

Mercer    
Ivona Susnja     
+41 44 200 45 12     
Email

AIG Travel Guard    
Policyholder: Okta, Inc.    
Policy number: 9159537     
877-244-6871    
Email    
Website

Modern Health    
Email    
Website 
Download the app from the App Store or Google Play

Grayce  
Website    
Email