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Financial benefits

Pension

Planning for and keeping track of the income you’ll have for the future starts today. Okta helps by contributing toward your retirement through the pension plan.

Okta makes a contribution on your behalf, equivalent to 3% of your annual gross base salary. Pension benefits are subject to a three-year “legal” vesting period as required under German law, which begins upon enrolment.

At retirement, you decide to take your benefit as a one-time lump sum or as an annuity payable for life. Full-time and part-time regular employees (below the plan retirement age of 62 upon joining the company) are automatically eligible to receive this benefit.

Eligible employees are automatically enrolled in the plan on the first of the month following their hire date. Even though you are auto-enrolled, you need to complete and return the enrolment documents provided when you are hired by Okta. Return your documents to Profion GmbH. Otherwise, a payout of benefits cannot be processed.

For questions, reach out to a member of the People Benefits Team by emailing pops@okta.com or connect with the Profion team at nadine.ladwig@profion.de or alan.reader@profion.de. 

Life and total permanent disability 

Okta provides life and disability insurance for full- and part-time regular employees in the event of your death or total permanent disability that prevents you from working. You are automatically enrolled on the first of the month following your hire date. These benefits are subject to a three-year “legal” vesting period, as required under German law. However, they are “contractually” vested upon enrolment. 

Please note these benefits cannot be paid out in the case of death or permanent disability if the enrolment forms, provided at the time of hire, are not completed and returned to Profion GmbH.

Life insurance

If you die due to natural causes or an accident, your beneficiary receives a lump-sum payment. The benefit is two times your pensionable earnings up to a maximum of €170,000.

Disability

If you become totally and permanently disabled, you receive a lump-sum payment. The benefit is two times your pensionable earnings up to a maximum of €170,000.

For questions, reach out to the People Benefits Team by emailing pops@okta.com or directly to the Profion team at nadine.ladwig@profion.de or alan.reader@profion.de.

Business travel accident cover and travel assistance

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) insurance from an AIG member company. With this coverage, you have access to AIG’s business travel insurance plan in the event you experience any travel inconveniences, security issues or medical emergencies while traveling anywhere in the world.

If you’re traveling on behalf of Okta for company business, you (and your eligible dependents, if traveling with you) are covered if something happens, and there is no cost to you.

As part of this coverage, you are also provided with travel assistance services from AIG. Services available to you include:

• 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

Mobile phone and internet

Okta reimburses full-time employees for personal cell phone and internet service. A monthly maximum reimbursement amount applies. For more details, see the T&E policy on the Expenses Wiki.

You need to submit your cell phone and internet receipts for approval and reimbursement.

Okta perks

No matter where you sit in the world, our programs help to foster a sense of belonging and to reflect the communities in which we live and work.

Check out the Workplace Services Wiki to see what’s happening in your local space.

Car allowance

Okta provides a car allowance to employees in certain job roles.

Rewards

Your base pay works together with Okta’s bonus, equity grants (aka, “long-term incentives” or “RSUs”), and employee stock purchase plan (ESPP) to provide you with a highly competitive pay and ownership opportunity. It’s how you share in the success of the company you’re helping to build and grow.

Cash incentive bonus program

How the cash incentive bonus program works

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.

Long-term incentives (RSUs)

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.

Employee Stock Purchase Plan

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. Eligible employees have two opportunities each year to enroll: May and November.

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

The ESPP may be a great investment

Through simple after-tax payroll deductions, you can purchase shares of Okta stock at a minimum 15% discount.

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.

Enrol online in May or November

You must enrol for the ESPP while the enrolment period is open. If you miss the window, you’ll need to wait until the next open enrolment 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.

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Okta offers several benefits that provide you with time away from work: From paid holidays to vacation time to rest, relax, and refresh, and volunteer time off to give back to communities in which we live and work. Be sure to give your manager advance notice before scheduling your time away. You should schedule your time off requests through Workday.

Holidays

2024 holidays

Each year, Okta offers several paid holidays, so you can take time away from work to celebrate with those you love. To see the full list of global paid holidays, view the global paid holiday calendar. You can also add these dates to your Google calendar.

We are excited to share that all of Okta will recognize the last week in December (December 23 - 27) as a global Wellbeing Week. This period is in addition to the New Year holiday(s) observed in your country.

Bavaria, Baden-Württemberg

Berlin

Bradenburg

Hessen

Nordrhein-Westfalen

Rheinland-Pfalz

Thuringia

Paid time off

Vacation

Eligibility: All employees in Germany.

Entitlement: 30 days annually (20 statutory + 10 contractual).

Accrual rules: Balances are granted on 1 January. New employees accrue 2.5 days per completed month of service for 5 months. The remaining prorated annual leave entitlement is granted following completion of the 6th month of employment.

Carryover rules: Unused balanced up to 25 days (20 statutory + 5 contractual) carry forward to the next calendar year to be used by March 31st. Unused carryover balances are forfeited in April.

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

Sick time

Eligibility: All employees in Germany.

Entitlement: Up to 42 days per absence.

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

Carryover rules: Not applicable.

How to request sick time: Submit requests through Workday for manager approval. Send medical certificates to pops@okta.com.

Other time off

Volunteer time off (VTO)

Each fiscal year, you can take four paid days off to engage in volunteer events with an eligible nonprofit.

Leaves of absence

Parental leave

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.

Bereavement leave

Okta understands the deep impact that the death of a loved one or a loss of pregnancy can have on an individual and family. That’s why we provide paid bereavement leave.

Immediate family members include:

• Parent/step parent
• Spouse or domestic partner
• Child(ren)
• Sibling
• Grandparent/step grandparent
• Grandchild/step grandchild
• Parent-in-law/step parent-in-law

If you need additional time off, talk to your manager about taking unpaid personal leave.

Other leaves

Okta recognises that from time to time, employees may have the need to take a leave of absence. Okta provides several types of other leaves to meet your needs.

Marriage leave

Eligibility: All employees in Germany.

Entitlement: 2 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.

Silver/golden anniversary leave

Eligibility: All employees in Germany.

Entitlement: 1 day.

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

Carryover rules: Not applicable.

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

Additional information: Time off may be taken in relation to the employee's 25th and 50th wedding anniversaries.

Moving leave

Eligibility: All employees in Germany.

Entitlement: 2 days.

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.

Unpaid absence

Eligibility: All employees in Germany.

Entitlement: Not applicable.

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

Carryover rules: Not applicable.

How to request an unpaid absence: Submit requests in half or full day increments through Workday for manager approval. Your annual leave balance must be 0 to request an unpaid absence.

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Global wellbeing

Employee assistance program (EAP)

Okta cares about your health and happiness. But sometimes, everyone needs a little help with balancing work, family, and everything in between. That’s why we partner with Modern Health to provide incredible benefits for your holistic well-being.

Modern Health, Okta’s EAP provider, balances 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, all at no cost to you.

How Modern Health can help you and your family

Modern Health provides support for many areas:

• Work performance—find coaching and support to improve productivity, leadership skills, work relationships, and professional development
• Financial well-being—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 qualified dependents. Generally, this is consistent with how your health plan defines dependents. Some examples include:

• A legal spouse or registered domestic partner
• A child between the ages of 6 and 26
• A relative that resides in the same household

You will receive up to 8 therapy + 8 coaching sessions per person per calendar year, in addition to unlimited access to Modern Health digital resources, like Meditations and Soundscapes, and Community Circles.

Getting started with Modern Health

Modern Health dependent access is initiated by the employee through the app settings. They provide some basic information such as name, birthdate, and email address, and then Modern Health sends a message to them to register. In most countries it's only available to those 6+ for therapy, and 18+ for all content. Learn more about getting started with Modern Health.

Sign up! We recommend using the Modern Health app to get started, or you can register at Modern Health.

You can also access Modern Health via SSO on your mobile device. Follow these five steps:

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

Take a confidential well-being assessment and go from there

You’ll complete a well-being survey, and from there Modern Health will deliver your personalised wellness plan, match you with the appropriate personal coach, and provide you with personalised links to the Modern Health digital library.

Connecting on your terms

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

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

Need support 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, you’ll have access to a variety of helpful 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. 

Also, check out 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. Modern Health regularly refreshes the available topics so feel free to come back if you don’t see something for you right away. You can also view videos on demand, if you can’t make it to a live Circle. Learn more about Circles. 

Confidentiality assured

Any information you provide through Modern Health tools or discuss with your coach or therapist is confidential. Your name, records, and other private information will not be shared with Okta.

Life @ Okta

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

Family support

Carrot Fertility healthcare and family forming services

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

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
• Milk shipping (using employer-sponsored funds)
• Pregnancy and postpartum (includes funds for doula support and milk shipping)
• Perimenopause, menopause, and low testosterone (i.e., low T)

You and your spouse or domestic partner are eligible to participate in the program provided you’re a full-time, benefits-eligible employee scheduled to work 30 or more hours per week. This is subject to any applicable foreign legal requirements.

How Carrot works

When you register with Carrot, 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.

To get started, go to the Carrot website or use the Carrot app on your Okta dashboard.

Okta-provided funds to support your needs

Okta provides you with money for reimbursing your eligible expenses related to fertility healthcare and adoption.

The company may reimburse you for 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.

The following plan documents provide additional 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

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: You can sign up too! 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.

Grayce caregiver support

Whether you're planning for the future, helping a loved one now and then, or actively providing short- or long-term care, Grayce is here to support you. Grayce experts provide personalized support to navigate needs such as personal well-being, financial and legal planning, medical care, housing, and care at home or facilities.

Grayce offers 1:1 expert support, personalized content, and community. You'll be matched to a dedicated Grayce expert, who guides 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. 

Get personalized support from dedicated care experts to help loved ones and yourself.  Grace is available to all Okta employees. Once you sign up, you can invite others to join.

With Grayce, you have a supportive guide and concierge to help you:

• Understand your loved one's insurance and finances
• Find in-home care
• Navigate legal planning
• Address your own well-being while caring for your loved one

What’s covered?

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.

How do I enrol?

It's easy to get registered and start receiving support! Access your membership by enrolling with your Okta email address. 

To register, visit the Grayce website and follow the account overview guide. 

For help registering, contact the Grayce support team at team@withgrayce.com.

You can learn more about Grayce by watching the What is Grayce? video or review these FAQs.

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Benefits Documents

Germany Benefits Summary 
Modern Health family and caregiver resources 
Behavioral health coverage by country medical plan
Gym and/or fitness discounts by country medical plan

Missed a Webinar?

You can view prior Benefit Webinar Recordings on OktaTV.

People Benefits Team

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

Local Benefits Broker Contact

Profion team      
Nadine Ladwig - nadine.ladwig@profion.de      
Alan Reader - alan.reader@profion.de

Financial + Rewards

Financial benefits

Business travel accident cover and travel assistance

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

Rewards

Long-Term Incentives (RSUs) and Employee Stock Purchase Plan (ESPP)    

800-838-0908     
Website

Everyday Wellbeing

Global wellbeing

Employee assistance program (EAP)

Modern Health     
Email     
Website
Explore Modern Health Circles     
Apps

• App Store
• Google Play

Family support

Grayce caregiver support

Website     
Grayce support team: team@withgrayce.com

The official Plan Documents govern your eligibility for and rights and benefits under each plan. If a discrepancy exists between this website and the Plan Documents, the Plan Documents will prevail.

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Note: Some links on this page go to Okta Google documents which are for Okta employees and can only be accessed with an Okta account.