The takeaway

Whether you need to schedule surgery or just prop up a broken ankle, Okta provides company-paid disability coverage that pays part of your income if you’re unable to work due to sickness or injury.

Coverage is provided at no cost to you; however, any benefits paid are considered taxable income.

Short-term disability

If you’re sick or injured and unable to work for an extended period, Okta provides a company-paid short-term disability (STD) benefit.

Here’s how the coverage works:

  • The benefit provides up to 60% of your pre-disability base salary and incentives.
  • The benefit becomes effective on the eighth day of a disability due to sickness or injury.
  • The maximum benefit is $2,500 per week, paid for up to 12 weeks; after this period, you would typically become eligible for the long-term disability benefit.
  • Your STD benefit may be offset by other benefits received, such as state disability and Okta leave policies, as applicable.

Long-term disability

Okta provides a company-paid long-term disability (LTD) benefit to help replace a portion of your income if you become fully disabled because of sickness or injury.

Here’s how the coverage works:

  • The LTD benefit replaces 60% of your monthly pre-disability salary.
  • The maximum benefit is $12,000 per month.
  • The LTD plan is offset by other benefits received, such as state disability and Okta leave policies.

If you’re not sick but need to care for a family member, Okta’s leave of absence benefits can help you. For details, refer to the Okta Employee Handbook (U.S.), available on the Okta People Wiki.