Benefits

Our employees are the heart of Precision BioSciences. We recognize that everyone is unique, and that people do not need or want the same things. This is why we offer an amazing, comprehensive benefits package designed to provide for our employees both at work and outside of work.

Wellness

Medical, Dental & Vision

Precision covers 100% of the premiums for our employees.  Other family members and dependents are covered at 75%.

Health Savings Account

Employees enrolled in the High Deductible Medical Plan are eligible for the Health Savings Account, which is partially funded by Precision BioSciences.

Flexible Savings Accounts

We offer two Flexible Spending Accounts that let employees use pre-tax dollars to pay for eligible out-of-pocket healthcare and dependent care expenses.

Wellness Reimbursement

Employees may submit wellness-related expenses for reimbursement up to $75.00 per month.

Free On-site Fitness Center

Our Durham location features a brand-new fitness center with instructor-led classes.

MDLive

MDLive is a telemedicine benefit that enables employees to save on costs associated with doctor visits and lost time at work when dealing with common illnesses and stress of various life events.

OnPulse

OnPulse offers unparalleled support across the many facets of the healthcare system by providing access to a team of clinicians, benefits and billing experts, and resource specialists.

Financial

Compensation

We offer competitive base salaries, annual cash bonuses, and long-term incentives in the form of stock options (DTIL).

Retirement

Our 401(k) plan offers a variety of investment options and provides up to 4% in company matching contributions.

Insurance

Precision pays for short- and long-term disability, basic life, and accident insurance.  Employees have the option to purchase supplemental life insurance.  Employees also have the option to purchase identity theft insurance and legal insurance in form of ID Shield and Legal Shield.

Tuition Reimbursement

Precision will reimburse up to $7,500.00 per year for tuition and materials toward the pursuit of a degree.

Paid Time Off

Precision offers every full-time employee, regardless of level or tenure, 8 weeks of paid time off per year.  We also offer 10 paid holidays and 6 floating holidays.

More Great Benefits 

Precision provides many other perks to help make work a place we want to be.

  • Fully loaded coffee, snack, and smoothie bars
  • Monthly company breakfasts, lunches, and Thirsty Thursdays
  • Monthly birthday celebrations
  • Mother’s rooms
  • Free Employee Assistance Program
  • Travel Assistance Program
  • Employee Recognition Program