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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.

Healthcare Financial + Rewards Time Away Everyday Wellbeing Resources

Looking to grow your family?

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

Learn more

Healthcare

Okta provides employees with supplemental coverage to the National Health Scheme. Insured by Skandia, this supplemental coverage enhances the National Health Scheme in the following ways:

Provides access to private hospitals in Sweden
Online care for minor conditions
Covers eligible healthcare expenses not covered by National Health
Additional cancer care insurance

To use the insurance, you must first contact the insurance company for support and approval for all treatments in advance. The insurance does not cover emergency care - treatment for emergency care should be sought from your nearest hospital.

New vision benefit

Okta offers a vision benefit which covers you for an eye test and spectacles if needed for use with visual display equipment. Reimbursement for the eye test is through T&E and if spectacles are needed for VDU use, Okta will reimburse you up to the cost of 1000 SEK.

Financial + Rewards

Financial benefits

Pension

Planning for and keeping track of the income you’ll have for the future starts today.

Okta contributes:

4.5% of pensionable salary of 0-7.5 IBA
30% of pensionable salary of 7.5-IBA

Annual pensionable salary is defined as monthly base salary x 12.2, while IBA is “Income Based Amount” as set annually by local pension regulations in Sweden.

You are 100% vested in the plan at all times.

At retirement you’ll have access to your account balance.

New employees and making changes: Employees who are interested in enrolling in pension or have a general pension question, please reach out to Mercer by email at pensionsservice@mercer.com.

Waiver of pension premium

A percentage of your pay goes toward your public pension benefit, and if you have trouble paying your pension plan premiums because you’re unable to work, Okta has you covered.

Okta’s insurer will pay premiums if you are unable to work for three months (90 days).

You’re covered up to age 65.

Okta pays the full cost of this coverage.

Sickness benefit

Okta provides this benefit to replace part of your income if you are sick or become disabled for an extended period and you cannot work.

After a 90-day waiting period, you will receive a portion of your base salary. Your benefit payment will be:

Proportional to your loss of function (you must be at least 25% incapacitated)
Based on the plan’s salary interval schedule (contact Okta Benefits for details)

Okta pays the full cost of this coverage.

Death benefit

Okta provides life insurance coverage for you and your family.

If you die, your beneficiary receives a lump-sum payment. The benefit maximum is six times the price base amount (PBA).

An additional lump sum may be paid to your child(ren).

Okta pays the full cost of this coverage.

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.

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 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.

Date	Holiday
1 January	New Year's Day
29 March	Good Friday
1 April	Easter Monday
1 May	Labour Day
9 May	Ascension Day
6 June	National Day
25 December	Christmas Day
26 December	Boxing Day

Paid time off

Vacation

Eligibility: Full-Time, regular employees in Sweden.

Entitlement: 33 days annually.

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

Carryover rules: Up to 5 unused days carry forward from one vacation year to the next, to be used within 5 years. Unused balances in excess of 5 days are paid out in April.

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

Additional Information: The vacation year starts in April and ends in March.

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.

Relationship	Paid leave allowance
Immediate family member or the loss of pregnancy	5 days
Non-immediate family member	3 days

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 leave to meet your needs. For questions on your leave eligibility, email pops@okta.com.

Everyday Wellbeing

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:

Open Okta Verify.
Click on: Launch Dashboard.
Select: Sign in with Okta FastPass.
Search for Modern Health in Dashboard and launch it.
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.

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
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:

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.

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.

Resources

Benefits Documents

Sweden Overview of Insurance Benefits
Skandia Medical Health Access with Qualifying Period and How it Works
Sweden Retirement Overview
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

For questions about occupational pension or other insurances, email pensionsservice@mercer.com or call 08-505 309 50.

Healthcare

Skandia

Skandia's Healthcare Advice Hotline
020-94 30 80

Skandia Healthcare Planning
0771-51 55 10

Online care link
General Skandia website