PayPal

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PayPal Mentors

Founded in 1998, PayPal is one of the largest online payment processors in the world. It was acquired by eBay in 2002 for $1.5 billion and, by 2006, had added 10 currencies to its platform, including the Singapore dollar and Swiss franc. While PayPal was spun off from eBay in 2015 (but will remain a payment option for eBay shoppers until 2023), it continued its strong global growth, conducting two major acquisitions in 2018: Swedish payments startup iZettle for $2.2 billion, and the San Francisco-based Hyperwallet for $400 million. Most recently, PayPal has expanded into the cryptocurrencies market.

The perks and benefits that PayPal employees receive are extremely generous. Benefits include free lunches, no dress code, eligibility for insurance coverage from the date of hire, and distinct choices regarding medical, dental, and vision plans. Even pet insurance is offered. There is also abundant support for employees’ financial, medical, and mental health. In addition to maternity leaves, child bonding leaves and family heath leaves (to take care of ill relatives) are available, and the company offers a true rarity—a “sabbatical program” that offers employees, after five years of service, four weeks of paid leave.