The benefits at Genetech are great. It has a healthy 401K matching plan, discounted employee stock purchase plan, good health, dental and vision benefits, and lots of good food deals. However, in terms of actual salary, it is quite low. Amany times, one would get promotions with more responsibility, but no raise in salary. This is part of the nature of Genentech trying to operate like a efficient small company. The compensation here is definitely for lifestyle and learning, not for money.