OncoMed Pharmaceuticals, Inc.

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Positions Available Benefits

OncoMed Pharmaceuticals is pleased to offer competitive benefits to eligible full-time employees. Employees are generally considered full time for benefits purposes if they work a minimum of 30 hours per week on an annual basis.

Benefit	Medical
Coverage	Date of hire
Description	Choose Blue Cross HMO, Blue Cross PPO, or Kaiser HMO
Cost	Oncomed pays 100% of individual and family coverage with Kaiser HMO or 90% of individual and family coverage with Blue Cross HMO or 80% individual and family coverage with Blue Cross PPO
Benefit	Dental
Coverage	Date of hire
Description	Choose Delta Dental Premier (PPO) or Delta Dental PMI (DMO)
Cost	Oncomed pays 100% of individual and family coverage for either plan
Benefit	Vision
Coverage	Date of hire
Description	Vision Service Plan
Cost	Oncomed pays 100% of individual and family coverage
Benefit	Paid Time Off
Coverage	Accures from Date of hire
Description	First Year and up: accrue 15 days per year with a cap of 15 days
Cost	Oncomed pays 100%
Benefit	Holidays
Coverage	Date of hire
Description	10 paid holidays per year
Cost	Oncomed pays 100%
Benefit	401(k) Savings
Coverage	Date of hire
Description	ING Financial: You may enroll and change the amount of your election at any time. Pre-tax contribution up to 100% of salary to a maximum of $15,000. Employees who will be or will turn 50 years of age in 2007 are eligible to contribute and additional $5500 to their 401(k).
Benefit	Flexible Spending Account Plan & Pre-tax Commuter Benefit
Coverage	Date of hire
Description	Pre-tax payment of Employee-Paid Premiums. Health Care Reimbursement Account Maximum Annual Contribution: $2500. Dependent Care Account Maximum Annual Contribution: $5000. WageWorks Pre-tax commuter program allows employees to purchase commuter related passes (transit, bus, train, etc) on line and have costs deducted from paycheck on a pre-tax basis.
Benefit	Life Insurance / Accidental Death & Dismemberment
Coverage	Date of hire
Description	$50,000 Coverage for Life Insurance and $50,000 for ADD. Additional life insurance (voluntary) may be purchased upon approval through Jefferson Pilot Insurance.
Cost	Oncomed pays 100% of premium.
Benefit	Short Term / Long Term Disability
Coverage	Date of hire
Description	Short Term Disability covers 66 2/3 % of base salary up to a maximum weekly benefit of $1400 for the first 90 days of disability. On the 91st day, Long Term Disability becomes effective. Long Term Disability covers 70% of base salary to a maximum monthly benefit of $10,000.
Cost	Oncomed pays 100% of premium.
Benefit	EE Assistance Program
Coverage	Date of hire
Description	Available to all regular employees and family members. Provides access to confidential counseling to help deal with a variety of personal, work, family, legal, and financial issues.