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To get and keep the best and brightest, XM offers competitive compensation and a benefits package that includes health, dental, vision, long-term disability, short-term disability, and life insurances, 401(k) match, Employee Stock Purchase Plan, flexible spending accounts and other perks like free parking, partially subsidized in-house cafe, and XM's own in-house gym. To learn more, check out our benefits highlights:
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Medical and Hospitalization
No gatekeeper, see the doctor you wish. 100% hospitalization. PPO or POS-- benefits provided for both in-network and out-of-network. Coverage is available for spouses/domestic partners and eligible dependent children.
Vision Care
$10 co-pay for exams in-network. Discounts are available for exams, glasses, and/or contacts. PPO-- benefits provided for both in-network and out-of-network. Coverage is available for spouses/domestic partners and eligible dependent children.
Dental Care
Employee and each dependent have $2,000 of coverage annually. PDP-- benefits provided for both in-network and out-of-network. Coverage is available for spouses/domestic partners and eligible dependent children.
Life Insurance
Life Insurance and AD&D at 2 times salary to maximum of $400,000. Voluntary Supplemental is available.
Disability
If an employee is unable to work for an extended period of time, he/she is eligible for: Short Term Disability - 7 day waiting period, 60% of salary up to $2,000 weekly maximum; Long Term Disability - 90 day waiting period. Coverage is equal to 60% of salary up to a maximum monthly benefit of $10,000. Voluntary Supplemental is available.
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401(k) Savings Plan
Employees can contribute up to 15% of salary on a pre-tax basis. XM matches 50% of employee's contributions up to 6% of salary. The match is 100% vested immediately upon enrollment.
Employee Stock Purchase Plan (ESPP)
XM Employees can purchase XM stock at 85% of the fair market value. Deductions are in a flat dollar amount or percentage of compensation per pay period with maximum contribution of $21,250 annually.
Dependent Care Flexible Spending Account
Allows you to lower your taxable income by reimbursing eligible day care and elder care expenses on a pre-tax basis-up to $5,000 per year.
Health Care Flexible Spending Account
Lowers your taxable income by reimbursing eligible out-of-pocket medical, dental, and vision care expenses on a pre-tax basis-up to $5,000 per year. |
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Paid Vacations
All XM Employees are eligible for three weeks of vacation per year on an accrual basis.
Paid Holidays
XM observes eleven paid holidays per calendar year.
Employee Assistance Plan
XM provides free, confidential and professional assistance to help employees and their families with problem resolution.
Legal Consultation & Referrals
The EAP also provides legal consultation and referral services with an experienced attorney.
Fitness Program
Employees enjoy an on-site state-of-the-art fitness facility located on the ground floor at our headquarters in Washington, DC.
XM Café
XM Employees based in the Washington, DC office enjoy partially subsidized meals at our in-house café.
Shuttle Service to Public Transport
XM provides a shuttle service that runs daily to and from the nearest metro station.
Free Parking
XM's Washington, DC office also provides free parking for employees.
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