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Welcome!

Okta’s total rewards connect eligible employees and their family members to a constantly evolving portfolio of plans, services, and support for meeting their changing needs. Check out the links below to learn more and make the most of your total rewards.

Explore your Total Rewards portfolio

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Looking to grow your family?

Explore Okta's global family forming and fertility support benefit.

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Healthcare

Okta offers group insurance coverage through Samsung Fire & Marine Insurance via a private accident scheme with hospitalization coverage for you, your spouse, and your children.

Private health insurance overview

All employees are eligible for private health insurance upon commencement of employment. At a high-level, your Okta South Korea group insurance offers the following coverage:

  • Accidental death and disability
  • Cancer diagnosis
  • Critical illness
  • Hospitalization daily allowance
  • Dental prosthetics and preservation

Your private health insurance also provides the following health-related reimbursements:

  • Annual medical check-up: KRW 500,000 
  • Vision and Chinese medicine: KRW 150,000

Learn more about the details of your insurance coverage by exploring the Okta South Korea benefits manual in English or Korean.

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Financial + Rewards

Financial benefits

Your financial security is important to us. That’s why we offer financial benefits to support you.

Mobile phone and internet reimbursement

Okta reimburses full-time employees for personal cell phone and internet service. A monthly maximum reimbursement amount applies. You will need to submit your cell phone and internet receipts for approval and reimbursement. For more details, see the T&E policy on the Expenses page on The Landing.

Rewards

Your base pay works together with Okta’s bonus, equity grants (aka, “long-term incentives” or “RSUs”), and the 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

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. 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.

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Time Away

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 away requests through Workday.

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.

2024 holiday calendar

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. This period is in addition to the New Year holiday(s) observed in your country.

DateHoliday
1 JanuaryNew Year’s Day
9 FebruarySeollal (Lunar New Year's Day)
1 MarchSam II Jul     
(Independence Movement Day)
10 AprilNational Assemble Member Election Day
1 MayLabor Day     
(mandatory under relevant legislation)
6 MayOrininal (Children’s Day) (observed)
15 MayBuddha's Birthday
6 JuneHyun Choong Il     
(Memorial Day)
15 AugustKwang Bok Jul     
(Liberation Day)
16 SeptemberChuseok     
(Harvest Moon Festival)
17 SeptemberChuseok     
(Harvest Moon Festival)
18 SeptemberChuseok     
(Harvest Moon Festival)
3 OctoberKae Chun Jul     
(National Foundation Day)
9 OctoberHan Gul Nal     
(Korean Language Day)
25 DecemberChristmas Day

Paid time off

Okta offers you paid and unpaid time off (PTO) from work. We ask that before requesting time off, you consider your job-related obligations and responsibilities and talk with your manager to determine a reasonable time off schedule.

Vacation

Eligibility: Full-time, regular employees in South Korea.

Entitlement: 15-25 days annually based on years of service.

Accrual rules: Balances are granted on January 1 per years of service as follows:

  • Less than 1 year: See additional information below
  • 1 year: 15 days
  • 2–3 years: 16 days
  • 4–5 years: 17 days
  • 6–7 years: 18 days
  • 8–9 years: 19 days
  • 10–11 years: 20 days
  • 12–13 years: 21 days
  • 14–15 years: 22 days
  • 16–17 years: 23 days
  • 18–19 years: 24 days
  • 20+ years: 25 days

Carryover rules: Less than 1 year of service: All unused days carry forward to the next calendar year at least 1 year of service: all unused days will be paid at the end of the calendar year.

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

Additional information: From the date of hire, employees accrue 1 day of annual leave for each completed month of service for 12 months. In the 12th month, employees accrue a lump sum that is the prorated portion of the remainder of the calendar year accrual as follows:

  • January: 15 days
  • February: 13.75 days
  • March: 12.5 days
  • April: 11.25 days
  • May: 10 days
  • June: 8.75 days
  • July: 7.5 days
  • August: 6.25 days
  • September: 5 days
  • October: 3.75 days
  • November: 2.5 days
  • December: 1.25 days

Following the lump sum accrual in the 12th month, balances will be granted annually on January 1 per years of service as outlined in the accrual rules above.

Sick time

Eligibility: Full-time, regular employees in South Korea.

Entitlement: 5 days annually.

Accrual rules: Balances are granted on January 1 or date of hire.

Carryover rules: All unused days are forfeited at the end of the year.

How to request sick time: Submit requests through Workday for manager approval.

Marriage/parents’ birthday

Eligibility: All employees in South Korea.

Entitlement: Variable (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 marriage/parents’ birthday time off: Submit requests in half or full day increments through Workday for manager approval. Additional

Information: Employee may request up to 5 days for their own marriage, up to 3 days for the marriage of the employee's child, and up to 1 day for the 60th 
birthday or other birthday feast of the employee's parents or employee's spouse's parents.

Leaves of absence

Life happens, right? That’s why Okta offers several types of leave. Below is a summary of different types of leaves we offer.

Maternity Leave

Birthing parents are eligible for 90 calendar days (120 for multiple births) of leave before or after childbirth with full pay from employer and government sources. At least 45 days of such leave shall be granted after childbirth.

Paternity Leave

An employee whose wife gives birth is eligible for 10 working days of leave with full pay. The employee must request leave within 90 days of the birth.

Bereavement leave

Eligibility: All employees in South Korea.

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 or step parent (including in-laws), grandparent or step grandparent, grandchild or step grandchild.

Menstruation leave

Eligibility: Menstruating employees in South Korea.

Entitlement: 1 day per month.

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

Carryover rules: Not applicable.

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

Additional information: Time off for menstruation is unpaid.

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Everyday Wellbeing

Global wellbeing

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 as our employee assistance program (EAP) provider to provide you with incredible benefits to support your holistic wellbeing.

Employee assistance program (EAP)

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:

  • 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 wellbeing 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:

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

Life @ Okta

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

Family support

Whether you’re looking to start or expand your family, caring for young children or aging loved ones, Okta provides you with additional support and resources through Carrot Fertility and Grayce.

Fertility 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 use Carrot to get personalized support – regardless of age, race, income, sex, sexual orientation, gender, marital status, or geography. This support* includes:

  • 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 with Carrot, go to the Carrot website or use the Carrot app through 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/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

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 can sign up too! Your spouse/partner will receive a pregnancy Bump Box, and you’ll get a box when your baby arrives and on your return from parental leave.

You can register at any time during pregnancy.

Caregiver support

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 one

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.

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

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.

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Resources

General Resources

Benefits documents

South Korea Benefits Manual (English)      
South Korea Benefits Manual (Korean)      
Medical and Dental Claim Form      
Application for requesting receipt document (청구서류 접수대행 서비스 신청서): Use this file in Korean if you have any personal medical insurance that you wish to claim through your Okta coverage. 
Modern Health family and caregiver resources 
Behavioral health coverage by country medical plan
Gym and/or fitness discounts by country medical plan

Webinar recordings

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

Marsh (MMB Claims)      
팩스 : 02-737-1491      
전화 : 02-2095-4800~9/4861      
이메일 : mcare.korea@marsh.com   

Financial + Rewards

Business travel accident cover and travel assistance

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

Long-term incentives (RSUs) and employee stock purchase plan (ESPP)

Everyday Wellbeing

Employee assistance program (EAP)

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

Caregiver support

Grayce 
Website      
Email 

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.