Xero

4,500 Total Employees
Year Founded: 2006

Xero Compensation & Benefits

Xero Employee Perspectives

Xero's total rewards package extends beyond traditional compensation by offering flexible work benefits that help employees balance their professional and personal lives. Through its flexible working policy, hybrid work options and the ability to work from anywhere for up to 90 days, the company provides employees with greater autonomy while supporting collaboration across teams, time zones and regions.

“Xero’s flexible working policy gives us the best of all worlds and allows employees to balance their work and personal life and choose where, when and how they work, including the ability to collaborate in person or do focus work at home. Flexible/hybrid work helps us maintain inclusive and diverse practices respective of time zones, regions and cultures. To acknowledge the travel that our teams seek and life requires, Xeros can work from anywhere for up to 90 days.”

Tina Chapman
Tina Chapman, Director of Workplace Experience, Asia-Pacific

Xero’s benefits extend beyond traditional healthcare by offering employees flexible wellness reimbursements that support a wide range of healthy lifestyles. Through its Thrivepass program, employees can use wellness stipends toward activities, memberships and equipment that align with their individual interests and well-being goals.

“Through our Thrivepass account, Xero reimburses employees for almost anything that falls under the health and wellness category. I most recently used my Thrivepass stipend to pay for half of my ski pass this year. Whether you’re an Orange Theory enthusiast or a mountain climber who needs new climbing gear, Thrivepass is a great perk.”

Nikki Maroney
Nikki Maroney, Account Manager

What People Are Saying About Xero

  • Leave & Time Off Breadth: Paid time off is extensive in the U.S., including 21 days of annual leave, 10 wellbeing days, five “Xtra” days, three year‑end company holidays, and a paid volunteer day. Feedback suggests this structure provides meaningful flexibility for rest and personal needs.
  • Parental & Family Support: Primary caregivers receive 26 weeks fully paid leave and partners receive six weeks, with additional family‑forming support available. Feedback suggests this depth of caregiver support stands out within the package.
  • Wellbeing & Lifestyle Benefits: Employees have access to Modern Health coaching/counseling, Carrot fertility benefits, and an employer‑funded ThrivePass wellbeing allowance. Feedback suggests these offerings create a holistic wellbeing layer beyond standard medical coverage.

Xero's Benefits

Offers company equity

All Xero employees are granted Restricted Stock Units at a certain percentage of their base salary which vests over a 3 year period

Offers generous parental leave

26 weeks paid parental leave.

Provides a post-parental leave return-to-work program

Provides adoption assistance

We partner with Carrot for fertility and adoption assistance.

Provides family medical leave

Provides fertility benefits

Offers dental insurance

Cigna dental PPO plan

Offers Flexible Spending Account (FSA)

Xero allows employees to set aside pre-tax dollars for medical and dependent care expenses. $2,650 annual limit for healthcare FSA

Offers health insurance

Xero offers a variety of health plans including Cigna HSA, Cigna PPO, and Kaiser HMO for Colorado and California employees

Offers mental health benefits

Concern EAP benefits for all employees

Offers pet insurance

Offers vision insurance

VSP vision plan

Offers 401(K)

Offers disability insurance

Xero's long and short term disability plans provide income protection at 60% of annual base salary

Offers life insurance

Provided to Xero employees at no cost. Coverage for each employee of 2x annual base salary up to $500,000

Provides 401(K) matching

Xero will match 100% on the first 3% contributions plus 50% match on next 2% of contributions