description:A summary of Financial Wellness resources available to team members at GitLab.
---
## Introduction
## Financial Wellness: We've Got You Covered
GitLab has generated this handbook page to provide resources to team members relating to Financial Wellness. Please note that GitLab is not able to directly provide team members with any financial advice.
*Clear benefits, real support*
If you have any great resources that you have used in the past, please feel free to create a merge request to add to this page as everyone can contribute!
Your financial wellbeing matters at GitLab. We provide comprehensive resources to support you at every life stage—from understanding equity compensation to planning major transitions. Whether you're starting out, managing debt, growing a family, or planning retirement, our benefits give you the tools and guidance to build financial confidence.
## Financial Wellness Resources
**Note:** GitLab provides resources and education but cannot offer direct financial advice.
### Modern Health
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## Modern Health Financial Coaching
Access personalized financial guidance through Modern Health's Employee Assistance Program. Get practical strategies and understand the psychology of money management.
**Eligibility**
- All GitLab team members globally
- No cost, confidential support
**Key Features**
One-on-one financial coaching, digital money management programs, and group workshops addressing financial decision-making psychology.
<detailsmarkdown="1">
<summary>How to Access Modern Health Financial Coaching</summary>
1. Download Modern Health app or visit online platform
2.[Add a Financial Coach](https://drive.google.com/file/d/1bZj00YXuWfl47QXOMBzLXkej5NgQvygQ/view?usp=sharing) to your care team
3. Access "Financial Well-being" digital program
4. Join Money Management Circles
**Available Resources**
[Modern Health](/handbook/total-rewards/benefits/modern-health/) offers many self service resources to team members as part of the Employee Assistance benefit through GitLab.
-**One-on-One Coaching:**[Add a Financial Coach](https://drive.google.com/file/d/1bZj00YXuWfl47QXOMBzLXkej5NgQvygQ/view?usp=sharing) to your care team
-**Group Sessions:**[Modern Health Money Management Circle](/handbook/total-rewards/benefits/modern-health/) - [Recording](https://www.youtube.com/watch?v=YhoHMT94Mkg)
-**Session Focus:** Understanding wealth psychology, assessing your financial situation, and identifying financial values
Some of these resources include:
</details>
- Ability to [add a Financial Coach](https://drive.google.com/file/d/1bZj00YXuWfl47QXOMBzLXkej5NgQvygQ/view?usp=sharing) to your care team.
- Digital program through the app titled `Financial Well-being`.
-[**Modern Health Money Management Circle:**](#modern-health) GitLab hosted a **Money Management Circle** through Modern Health with an emphasis on the psychological component of Financial Wellness. **Link to [Recording](https://www.youtube.com/watch?v=YhoHMT94Mkg)**
-**Session Description:** What does "wealth" mean to you? Understanding the psychology of money and wealth can help you achieve your financial goals. Join this session with a Modern Health provider to learn how to assess your financial situation and identify your financial values and self-identity.
**Questions?**
Access support through the Modern Health platform.
### SageView
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## SageView Financial Wellness Program
GitLab offers all team members the ability to use the Financial Wellness Program through SageView. This program includes:
Dedicated financial wellness specialists help you understand your complete financial picture, including GitLab equity plans. Focus areas include investment assets, asset protection, income protection, debt management, and estate planning.
- 1:1 sessions for all GitLab team members globally to connect with a dedicated Wellness Specialist to discuss topics such as Investment Assets (including Stock Options), Asset Protection, Income Protection, Debt Management, and Estate Planning.
- The main goal here is the commitment to help understanding how the GitLab equity plan works, and providing resources in what team members can consider in financial management. SageView won't provide tax, legal, or financial advice, but can help you to understand the pieces of information you will need to seek personal advise on to manage your own personal situation.
- Access to [Sage411](https://sage411.com/) for general questions and investment support.
- Access to SageView's communications
- Financial Wellness Workshops hosted by SageView
**Eligibility**
Please see the following [flyer](https://drive.google.com/file/d/1FNdQ4i-Jx-jUMjjcAR4Uw4ErB8hyODGN/view?usp=sharing) for more information and a link to schedule a consultation.
- All GitLab team members worldwide
- No cost to participate
GitLab hosted a kickoff call with SageView to discuss an overview of the program's benefit offerings for team members.
**Key Features**
One-on-one consultations, educational workshops, and ongoing access to financial resources. Main focus: understanding how your GitLab equity plan works.
-**Recording:**[Presentation (Option 1)](https://www.youtube.com/watch?v=2rsUjnjjYQ0), AMA [(Option 2)](https://www.youtube.com/watch?v=kKJii7YbFxY)
- The specifics of Financial Wellness are different for everyone, but the common underlying theme is similar for most; identify your resources and utilize your opportunities in a way that gives you both peace of mind and the highest likelihood of achieving your financial goals.
**How to Access**
### Schwab
1.**Schedule Consultation:** Use [scheduling flyer](https://drive.google.com/file/d/1FNdQ4i-Jx-jUMjjcAR4Uw4ErB8hyODGN/view?usp=sharing)
2.**Access Resources:** Visit [Sage411.com](https://sage411.com/) for general questions
Within Schwab, as of no later than December 9th, you will see a summary of your options (vested and unvested) and vested exercised shares. Exercised unvested options will be held at Computershare. When RSUs are granted, these will also be visible in Schwab.
**Getting Started**
Schwab can also assist with investment support as a complimentary service through GitLab.
-**Program Overview:**[Kickoff presentation](https://www.youtube.com/watch?v=2rsUjnjjYQ0) or [AMA session](https://www.youtube.com/watch?v=kKJii7YbFxY)
SageView provides educational guidance but cannot offer specific tax, legal, or financial advice. All consultations are confidential.
- Award Calculators: The following award calculators are available to account holders to hypothetically model different option and share scenarios.
- Raise cash: How many shares would I need to sell, or options to exercise and sell, to raise a specific dollar amount?
- Get shares: How much would it cost to exercise a stock option and hold the shares?
- Estimate the proceeds from a potential sale: How much cash could I receive from selling shares or exercising and selling stock options?
- Raise cash and get shares: How many shares would I need to sell to pay for a stock option exercise and hold, plus raise additional cash?
- Schwab also has a [calculator library](https://client.schwab.com/app/accounts/financialplanning/#/tools) for modeling many other types of financial goals.
- Schwab Insights - Examples of Available Modules include:
-[How to Invest](https://www.schwab.com/how-to-invest)
-[How to Start Investing on Your Own](https://www.schwab.com/how-to-invest/how-to-start-investing)
- How to Invest [1,000](https://www.schwab.com/how-to-invest/what-to-do-with-1k), [10,000](https://www.schwab.com/how-to-invest/what-to-do-with-10k) or [100,000](https://www.schwab.com/how-to-invest/what-to-do-with-100k).
- There is also a [full Library](https://client.schwab.com/secure/cc/guidance/insights) of content relating
-[Schwab Learning Center](https://client.schwab.com/secured/learning-center/start-learning-about-stocks) with specific content related to:
-**Stocks:** Develop a better understanding of the benefits and risks of stock ownership and how it may fit in your trading and investing plans.
-**Options:** Take a closer look at options trading and different ways to build a strategy.
**Questions?**
Contact SageView through the scheduling system or total-rewards@gitlab.com.
---
## Total Rewards and Financial Wellness for Managers
An important component of the [Total Rewards Package](/handbook/total-rewards) is [Equity Compensation](/handbook/total-rewards/stock-options/). Team Members can review their equity holdings in Schwab. Please note that vested and exercised shares are currently being held in Computershare. The Stock Admin team will be providing additional information on these shares.
An important component of the [Total Rewards Package](/handbook/total-rewards/) is [Equity Compensation](/handbook/total-rewards/stock-options/). Team members review equity holdings in Schwab. Vested and exercised shares are currently held at Computershare.
In order for *managers* to understand the full picture of their team members' totalrewards package, the People Group has generated a [Total Rewards Summary](#total-rewards-summary)for managers to view vested and unvested holdings as of October 14, 2021 for each direct report.
Managers can access a [Total Rewards Summary](/handbook/total-rewards/benefits/general-and-entity-benefits/financial-wellness/#total-rewards-summary)showing vested and unvested holdings as of October 14, 2021 for each direct report.
### Total Rewards Summary
The Total Rewards Summary will be available to managers of team members who have been granted equity on or before 2021-09-03. All RSU grants will not be shown on these summaries as the next grant date for RSUs to be reviewed and approved is 2021-12-15.
- Log into Workday through your Okta dashboard.
- Navigate to the profile of one of your direct reports. Select the Documents tab and expand the `Annual Compensation Review Total Rewards Statements` folder.
- You can either select the linked document name to open a quick view of the Total Rewards Summary in Workday or select the download button that appears to the right of the letter. If you are a manager and are unable to see the Documents tab for your team member, please reach out to `total-rewards@ gitlab` and we will review your access level.
- Each summary will have a Cash Compensation section outlining the current (FY22) compensation as of November 1st.
- For team members who are paid a base salary only, the `Target Bonus (Variable)` column will show `Not Applicable`.
- Each summary will also have a section for Equity Compensation. The table will show the amount and value of vested and unvested shares held by the team member as of 2021-10-14 with the conversion price detailed on the statement.
- Team Members have access to their own equity holdings, so it's not required to share the Total Rewards Summary with team members, unless it is useful in facilitating a conversation. To share the letter directly with the team member, select the gear button to the right of the letter, select "Share with Employee", and, in the pop up prompt, select "Share" again.
The Total Rewards Summary has been generated for management to visualize and understand the total holdings of their direct reports. There is not a specific timeline for managers to have a conversation around Total Rewards with their direct reports, but we want to ensure managers are enabled to have a conversation as equity is likely top of mind for team members. When going into the conversation we recommend to consider the following points:
- It's important for all team members to understand and consider all components of the Total Rewards Package. One key component being the value of our equity program (Options, RSU's & ESPP) as core to our Total Rewards (benefits, cash compensation, equity) at GitLab.
- Equity aligns team members with a long term incentive for the company. By delivering results, GitLab has the ability to contribute to company performance and drive long-term potential value.
- Team members may be eligible for [Equity Compensation](/handbook/total-rewards/stock-options/#restricted-stock-units-rsus) as part of their new hire package or the annual refresh program.
- GitLab has recently adjusted the cliff for the RSU program by implementing an industry leading six month cliff for new hire grants and no cliff for promotion or refresh grants.
- Close by checking in on how your team member is doing beyond their financial position. A quick and simple method is to use the "red, yellow, green" scale to ask your team members how they are feeling about their future at GitLab. The goal is to gain actionable feedback about how you can support them going forward.
- Please note that Total Rewards will be discussed again in February as part of [Annual Compensation Review](/handbook/total-rewards/compensation/compensation-review-cycle/). This is a great opportunity to check in with your direct reports ahead of the planning process, but it is important to not make any forward looking statements on increases during the review cycle.
- Remember, financial incentives are only one aspect of what keeps our team members excited about their role at GitLab. Career opportunity and ability to make meaningful contributions were highlighted as the 2 highest areas of impact for our team members during our last Engagement Survey. Take this opportunity to have a holistic conversation about your team members' future at GitLab in terms of their career and financial growth opportunity. Remember, we're only at Mile 3 of the marathon.
<detailsmarkdown="1">
<summary>Eligibility & Access</summary>
**Eligibility**
- Managers of team members with equity grants on/before September 3, 2021
- Access through Workday via Okta
- RSU grants not included (next review: December 15, 2021)
**How to Access**
1.**Log In:** Workday through Okta dashboard
2.**Navigate:** Direct report profile → Documents tab → expand "Annual Compensation Review Total Rewards Statements" folder
3.**View/Download:** Select document for quick view or download button
4.**Access Issues:** Contact total-rewards@gitlab.com if Documents tab unavailable
1.**Total Rewards Value:** All components matter—equity program (Options, RSUs, ESPP) is core to total rewards
2.**Equity Alignment:** Long-term incentive tied to company performance and results
3.**Future Eligibility:**[Equity Compensation](/handbook/total-rewards/stock-options/#restricted-stock-units-rsus) through new hire packages or annual refresh
4.**Program Updates:** Industry-leading six-month cliff for new hire RSUs; no cliff for promotion/refresh grants
5.**Wellbeing Check:** Use "red, yellow, green" scale for future satisfaction feedback
6.**Annual Review Prep:** Total Rewards discussed in February [Annual Compensation Review](/handbook/total-rewards/compensation/compensation-review-cycle/). No forward-looking increase statements
7.**Holistic Focus:** Career opportunity and meaningful contributions ranked highest in Engagement Survey. Connect financial and career growth. Remember: Mile 3 of the marathon
</details>
**Questions?**
Contact [HelpLab](https://helplab.gitlab.systems/esc?id=emp_taxonomy_topic&topic_id=b7d7b30d474c069067429ee0026d4382) for access issues.
*GitLab provides financial wellness resources and education but cannot offer direct financial advice. Consult qualified professionals for personalized guidance. Our comprehensive financial wellness support is designed for every stage of your journey—from day one through retirement.*
*GitLab retains the right to replace the provider or policy at any time and is not required to offer this benefit to those that may be ineligible. Any benefits provided under the plan do not impact the Team Member's or GitLab's rights to end the employment relationship.*
