EBay

World's leading Internet site for buying and selling goods.

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Headquarters:
2065 Hamilton Avenue
San Jose, CA 95125
Employees: 34,286
CEO: John Donahoe
Stock Symbol: EBAY

Website: http://www.ebay.com

Career Site

EBay is the world's leading online marketplace. It is the best known Internet site for buying and selling goods with over 155 million active users around the world and one of the most popular shopping destinations on the Internet.

On an average day, there are millions of items listed on eBay. People come to eBay to buy and sell items in thousands of categories from collectibles like trading cards, antiques, dolls, and housewares to practical items like used cars, clothing, books and CDs, and electronics. Buyers have the option to purchase items in an auction-style format or items can be purchased at a fixed price through a feature called Buy It Now.

EBay is a true global phenomenon. Currently, eBay has local sites that serve Australia, Austria, Belgium, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Malaysia, the Netherlands, New Zealand, Poland, the Philippines, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, the United Kingdom, and the United States. In addition, eBay has a presence in Latin America through its investment MercadoLibre.com.

EBay also owns PayPal, which is continuing to expand its leadership position in global payments. PayPal ended 2015 with over 161 million active registered accounts.

In addition, the company operates Stubhub, Rent.com and Shopping.com. It also has a stake in Craigslist.com, one of the Internet's largest classified sites. The company also owns GSI Commerce.

The company announced plans to split PayPal and eBay into separate publicly-traded companies this year. The company may also spinoff eBay Enterprise via sale or IPO. It announced 2,400 job cuts in January 2014.

Revenues for 2014 were $17.9 billion, up from $16.0 billion the previous year. The company reported a net loss of $41 million.

The company reported Enabled Commerce Volume of $255 Billion, up 24%, Gross Merchandise Volume of $83 Billion and Total Payment Volume of $228 Billion in 2014.

History

EBay was founded in September 1995 by Pierre Omidyar as a site to buy and sell goods. EBay takes its name from the San Franciso Bay Area.

The company went public in 1998. EBay bought PayPal in 2002.

In 2005, the company purchased Luxembourg-based Skype, a provider of phone calls over the Internet for $2.6 billion.

In 2007, EBay purchased StubHub, an online marketplace for tickets at sporting events and concerts for $310 million.

In 2009, eBay sold a 65% stake in Internet communications software Skype for $2.75 billion.

The company acquired GSI Commerce in June 2011 for $2.4 billion. GSI is a leading provider of e-commerce and interactive marketing services.

In July 2011, eBay acquired Zong, a mobile payments provider, for $240 million.

Benefits

Health and Wellness
- Medical Insurance

Coverage begins on date of hire
1. Blue Cross PPO (Preferred Provider Organization)
2. Health Net HMO (CA and AZ only)
3. Kaiser HMO (CA and CO only)
4. Select Med HMO (UT only)

- Dental Insurance
Comprehensive coverage provided by Delta Dental. Maximum benefit of up to $2000 annually per person.

- Vision Insurance
Exams, contacts, lenses and frame coverage provided by Vision Service Plan, VSP.

- Flexible Spending Accounts (FSA)
The Health Care and Dependent Care Flexible Spending Accounts (FSAs) allow you to use tax-free dollars to pay for eligible expenses. You can set aside up to $5,000 per account and use the convenient debit card for health care expenses.

- Employee Assistance Program (EAP)
The EAP is a confidential counseling service designed to help you and your family members with a wide range of personal, emotional or financial issues. You are automatically enrolled, and the plan is provided at no cost.

- Life and AD&D Insurance
All employees are covered for two times their annual salary for basic life insurance and accidental death and dismemberment. We also provide optional life insurance and AD&D programs, which extend coverage to your family.

- Short Term & Long Term Disability Insurance
Our short term disability insurance coverage is provided at 80% of salary. Long term disability coverage provided at 66 2/3% of your salary if you become disabled for a longer time. These benefits are provided at no cost to the employee.

- Business Travel Accident Insurance
Our business travel accident insurance provides supplemental insurance and emergency travel assistance while you're traveling on behalf of the company.

Time Off
- PTO
Employees may use Paid Time Off (PTO) for reasons such as vacation, personal time or illness. PTO accrue at the following rates: 0-12 months = 16 days or 4.92 hours per pay period, with an additional day added for each year of service up to 20 days per year.

- Holidays
10 holidays per year (and one floating holiday of your choice).

- Sabbatical
After five years of service with eBay, you are eligible for 4 weeks of time off with pay. Your sabbatical time away from eBay is intended to provide you with a break from the pace and intensity of your work and allow you the opportunity to recharge and pursue areas of interest to you - be it family, travel, hobbies, personal development or education.

- Leave of Absence
eBay provides various leaves of absence to employees who need to be away from work for an extended period of time - generally more than seven calendar days. These types of leaves include: Short and Long Term Disability, FMLA, Maternity Leave, Personal Leave.  

Financial Security
- 401(k) Plan

eBay's 401(k) offers a convenient, tax-advantaged way to save for retirement. 
- Immediate eligibility to participate upon hire
- Opportunity to contribute up to 20% of pre-tax pay up to the IRS maximum
- 100% immediate vesting on all contributions including company match
- 100% Company match up to an annual maximum of $1500
- Tax-deferred savings-taxes aren't paid on earnings until they are withdrawn from the account
- Employee Stock Purchase Plan
Employees are eligible to purchase stock at a 15% discount, and lock in their premium for a 24-month period.  Employees are eligible to contribute from 0-10% of their pay to ESPP deduction.

- Employee Referral Program
20% of our new hires are through our employee referrals! You may receive up to $1,000 if your referral is hired.

- Charitable Contribution & Gift Matching
eBay employees make generous contributions of time and money to people in need. We support your efforts by matching your charitable contributions to eligible organizations.

Work/Life Balance
- Work/Life Balance Toolkit
Managing work/life balance is important to all of us. This toolkit provides one-stop access to the courses, programs, and policies eBay has in place to help you manage work/life balance, including alternative work schedules.

- eBay Development Workshops
Development resources for all employees, including training for managers and career development planning for all employees.

- Tuition Reimbursement
eBay encourages and financially supports continuing education and development programs related to current or probable future work at eBay. We reimburse up to $5200 per year for expenses such as tuition, books, and lab fees.

- Adoption Assistance Program
We reimburse up to $5,000 per child for costs associated with adopting a child under the age of 18.

- Pet Insurance
eBay's Pet Insurance plan can protect you financially in the event of a pet's illness or injury.

- Ergonomic Consultations
Ergonomic consultants provide assistance with office furniture and equipment to ensure employees are working in a healthy and comfortable environment.

- Onsite Conveniences
Complimentary beverages and snacks, ATM's, onsite dry cleaning, massage, auto detailing, oil change, hair cut and dental cleaning ­ just to name a few.

Updated January 29, 2015