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Headquarters:
2145 Hamilton Avenue
San Jose, CA 95125
Employees: 15,500
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 276 million individual users and small businesses around
the world. People spend more time on eBay than any other online
site, making it the most popular shopping destination 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, a leading online
payment service with more than 86 million accounts. In 2005,
the company purchased Luxembourg-based Skype, a provider of phone
calls over the Internet for $2.6 billion. The company also operates
Rent.com and Shopping.com.
Revenues for 2007 were $7.67 billion, a
29% increase from the previous year. Net income was $348 million.
Based on fourth quarter market volumes,
the following categories delivered $1 billion or more in worldwide
annualized gross market volumes: eBay Motors at $17.2 billion;
Consumer Electronics at $6.8 billion; Computers at $4.1 billion;
Clothing & Accessories at $5.6 billion; Home & Garden
at $4.1 billion; Collectibles at $2.9 billion; Books/Music/Movies
at $3.3 billion; Sports at $2.9 billion; Business & Industrial
at $2.3 billion: Toys at $2.7 billion; Jewelry & Watches
at $2.5 billion; Cameras & Photo at $1.8 billion; Antiques
& Art at $1.2 billion; Coins & Stamps at 1.2 billion
and Tickets & Travel at $2 billion.
The most expensive item sold on eBay to
date is a private business jet for $4.9 million.
In 2007, EBay purchased StubHub, an online
marketplace for tickets at sporting events and concerts for $310
million.
Long time CEO Meg Whitman will step down
on March 31, 2008 and will be replaced by President John Donahoe.
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.
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 March 23, 2008
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