XOMA is redefining antibody innovation to create life-changing therapeutic antibodies. Every person at XOMA plays a role in our vision, and everyone is capable of helping us achieve our goals. XOMA team members come to work every day to create life-changing therapeutics, and this passion sets XOMA apart from many other companies. To encourage our team members to excel, we foster a creative, dynamic workplace which offers significant opportunities for our employees to grow their skills and advance their careers. The challenging, rewarding work assignments, diverse training opportunities and team spirit make XOMA an exceptional place to develop your career.
The XOMA campus is located just off Interstate 80/580 in Berkeley. It's an easy commute from San Francisco and the greater East Bay Area. A shuttle links XOMA with the Bay Area Rapid Transit System (BART) and an express bus whisks employees to downtown San Francisco. We are in close proximity to an eclectic range of social and cultural resources, activities and experiences including dining, shopping, sports and academic venues. Berkeley and nearby Emeryville, for example, offer an attractive variety of lunchtime eateries representing diverse cuisine and price levels.
XOMA offers a comprehensive benefits package and we remain committed to providing our employees with cost effective and competitive programs. The following represents a brief outline of our various benefits plans.
XOMA offers medical care plans to provide employees with quality care and comprehensive coverage at a reasonable cost. We offer a choice of 2 medical plans that provide our employees and their eligible dependents with choice and flexibility. Employee contributions are pre-tax.
Our dental coverage through Sun Life is designed to encourage preventative care by paying 100% of the reasonable and customary costs for preventive services and pays a portion of the charges for general and major services. Employee contributions are pre-tax.
Coverage for vision is through CIGNA. This enhanced benefit is designed to provide you and your eligible dependents with a well-rounded plan that includes annual coverage for vision examination, standard eyeglass lenses, eyeglass frames and contact lenses every 12 months.
Flexible Spending Account
Employees can make pre-tax contributions to help offset any out-of-pocket expenses for health care and dependent care needs. You can set aside up to $2,500 for health care expenses, and up to $5,000 for dependent care expenses on an annual basis.
XOMA's disability programs are for your protection in the event you become disabled as a result of a non-occupational accident or illness. We offer both short-term and long-term disability coverages to provide you with income while you are not able to work. We also offer supplemental accident insurance to help you pay expenses if you or your spouse is seriously injured or killed in a covered accident.
XOMA pays 100% of the premium for basic life insurance coverage equal to one times your annual salary. Employees have the option to purchase additional coverage at group rates.
Long Term Care Plan
XOMA pays for 100% of the premium for a basic long term care plan to assist employees should they ever find themselves in need of such a plan. Employees have the option to purchase additional coverage at our group rates should they want to increase their benefit or cover additional family members.
Employees can participate in the plan immediately following date of hire. An employee can contribute up to 50% of compensation, not to exceed IRS annual limits. Upon the approval by the Board of Directors, XOMA makes an annual matching contribution up to 50% of the employee's elective pre-tax deferral contribution. This plan also accepts direct rollovers from other qualified plans.
Employees may be eligible for equity at the time of hire and annually depending on performance. Options give employees the right to purchase specific numbers of XOMA Ltd. common shares for a period of 10 years. New hire options are subject to a four year annual vesting schedule.
Employee Share Purchase Plan
Employees can participate in the plan on a quarterly basis, and contribute up to 3% of compensation. At the end of the quarter, shares are purchased at a 5% discount of the closing share price on the last day of the quarterly period.
XOMA provides you with paid time away from work in which to relax, take care of personal matters, and recuperate from brief illnesses, which includes the following:
Employee Assistance Program
XOMA offers an Employee Assistance Program (EAP) through Claremont Behavioral Services, which provides five confidential counseling sessions as well as a variety of other resources, including, legal consultation, financial services, dependent care referrals, access to treatment programs and facilities at discounted rates, and referral to community resources.
XOMA pays expenses for tuition, fees and books up to $5,250 per year (reimbursement is based on the grade received in a course). Courses must be taken at accredited universities or colleges and must be pre-approved.
Commuter Checks Program
Employees can elect to participate in our commuter check program and contribute up to $230 on a monthly pre-tax basis towards the purchase of commuter checks. Commuter checks are widely accepted at Public Transit agencies in the Bay Area, and also for participating vanpool arrangements. Alternatively, employees can elect to participate in the commuter check for bicycling program and contribute $20 on a monthly pre-tax basis to use towards the purchase or maintenance of a bicycle.
XOMA employees and dependents are eligible to join local credit unions. They have many convenient locations throughout the Bay Area. In addition to savings and checking accounts, members can apply for auto and other consumer loans at a low interest rate, and with flexible terms.
XOMA sponsors a concierge service that can help you with personal errands like taking your car in for repairs and weekly trips to stores as well as assistance with vacation planning. The service is paid for by XOMA, employees only pay for the items or services actually purchased.
Discounted tickets are available for the purchase of movie tickets, and other various theme park establishments.