Xero
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.”

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.”

What People Are Saying About Xero
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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.
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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.
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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