SRAM, LLC
Benefits at SRAM, LLC
We know that SRAM’s success is due to the hard work, passion, and commitment of our team members around the world. We offer a variety of supportive benefits to attract, develop, and engage team members while achieving SRAM’s vision for the future.
• A respectful workplace where we strive for a diverse and inclusive environment and where all team members are encouraged to bring their authentic selves to work.
• A community that is inspiring and passionate.
• Benefit programs that encourage well-being and support in all aspects of team members’ lives.
• Bonus opportunities that reward wins we make as a team.
• Programs that encourage team members to prioritize their overall wellness and enjoy anactive and healthy lifestyle.
Financial + Retirement
401(K)
SRAM'sn401(k) retirement plan offers a broad selection of stocks, bonds and international index funds to choose from.
401(K) matching
SRAM will match 100% of your individual contributions to your 401(k) on the first 3% and match 50% on the next 2% contributed for a total of 4%.
Company equity
Charitable contribution matching
SRAM matches contributions to World Bicycle Relief dollar for dollar.
Performance bonus
SRAM offers performance bonus opportunities that reward wins we make as a team.
Pay transparency
Child Care + Parental Leave
Childcare benefits
SRAM offers a Dependent Care FSA for team members to pay for childcare expenses on a pre-tax basis up to a $5,000 annual maximum. SRAM offers Milk Stork, a breast-milk delivery service at no cost.
Company sponsored family events
Family members are encouraged to join us at the annual summer picnic and holiday party!
Family medical leave
SRAM offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).
Generous parental leave
SRAM provides 8 weeks of Birth Parent Medical Leave after childbirth, as well as 4 weeks paid Parental Leave upon birth or adoption.
Return-to-work program post parental leave
Fertility benefits
SRAM medical and pharmacy plans provide coverage for infertility treatment.
Office Perks
Commuter benefits
SRAM offers pre-tax commuter benefits for Chicago-area-based employees, as well as a bike loaner program. Team members are encouraged to take advantage of employee purchase deals on bicycles.
Company-sponsored outings
Company-sponsored happy hours
Onsite gym
Onsite office parking
SRAM offers world-class bicycle and commuter facilities, onsite shower and laundry rooms, and onsite bicycle maintenance to make commuting by bike as easy as possible.
Pet friendly
Not only can SRAM employees bring their dogs to the office every day of the week, we also offer pet insurance for your furry friend.
Recreational clubs
Relocation assistance
On a case basis, SRAM offers relocation assistance, including home finding, temporary housing, moving costs and travel expenses reimbursement.
Free snacks and drinks
Some meals provided
Mother's room
Professional Development
Customized development tracks
Mentorship program
SRAM encourages temployees to develop mentor relationships through the SRAM Networking Rings, that allow participants to benefit from the experience and expertise of both mentors and mentees.
Promote from within
Lunch and learns
Personal development training
Virtual coaching services
Apprenticeship programs
Diversity
Dedicated diversity and inclusion staff
Diversity manifesto
Highly diverse management team
SRAM's Senior Leadership team is as diverse as our staff, and our Director of DEI is focused on continuous improvement of our DEI initiatives.
Mean gender pay gap below 10%
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Internally, we’re building a more representative SRAM by rethinking our talent pipeline, starting with our internship program, and working up through our corporate structure.
Diversity recruitment program
Outreach to groups like Society of Women Engineers (SWE) and Society of Hispanic Professional Engineers (SHPE) is bringing more perspectives and diversity to our talent pool.
Health Insurance + Wellness
Dental insurance
SRAM offers two dental plans to meet team members' needs, both include 100% coverage for preventive care, including x-rays, and orthodontia coverage is available.
Disability insurance
SRAM's disability insurance benefit is 60% of an employee's monthly salary up to a $15,000 maximum monthly benefit.
Flexible Spending Account (FSA)
SRAM's Health FSA and Dependent Care FSA cover out-of-pocket expenses related to medical care and childcare with pre-tax contribution up to $3,300 and $5,000 respectively.
Health insurance
SRAM's offers a variety of medical plans with Aetna to support team members medical needs. Team members may choose betweeen PPO or HSA eligible plans, and receive either $500 or $1,000 of HSA funding.
Life insurance
SRAM provides no-cost basic life and AD&D coverage to all team members equivalent to 1x annual salary. Team members may purchase additional coverage if desired.
Pet insurance
Team workouts
Team members enjoy weekly lunch rides, in-house yoga, and weekly run club.
Vision insurance
SRAM's vision insurance provides coverage for preventive eye exams, glasses, and contact lenses with copayment. Frames and contact lenses are covered up to $130.
Wellness programs
The SRAM Wellness Program is designed to encourage team members to prioritze holistic wellness and preventive care. Team members can earn up to $500 in wellness reimbursement for participating.
Mental health benefits
SRAM's medical plans include coverage for mental health visits. All team members receive 6 free therapy sessions through our EAP providers and acces to virtual care with a variety of digital offerings
Transgender health care benefits
Wellness days
Culture
Volunteer in local community
SRAM believes that the best way to expand the power of cycling is through giving back. SRAM offers current full-time US employees the opportunity to participate in up to 8 hours of service annually.
Flexible work schedule
SRAM works to support its employees and while we do not define a flex time schedule, our Team Members are encouraged to work with their managers to address the needs of the personal life.
Open door policy
Open office floor plan
Partners with nonprofits
SRAM has a long legacy of cycling advocacy, beginning with co-founder F.K.Day helping to establish World Bicycle Relief in 2004.
Remote work program
SRAM values flexibility and encourages employees to work from home one time per week or as needed.
Team based strategic planning
OKR operational model
Employee resource groups
Employee-led culture committees
Hybrid work model
In-person all-hands meetings
Each Monday, all SRAM offices kick off the week with a company all hands meeting.
Employee awards
Vacation + Time Off
Generous PTO
SRAM's vacation policy includes three weeks paid time off for all employees and up to five weeks off for tenured employees. SRAM is also closed annually between Christmas Eve and New Year's Day.
Paid volunteer time
SRAM encourages employees to give back with up to 8 hours of volunteer time off per year and opportunities to get involved with their local communities.
Paid holidays
Paid sick days
Flexible time off
Bereavement leave benefits
Hardship benefits
Company-wide vacation
SRAM is closed annually between Christmas Eve and New Year's Day for team members to enjoy some well-deserved rest and relaxation.
