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Thank you for your feedback. As we enter 2024, we are excited about our new CEO and the vision our executive leadership team has outlined for TrueCar.
Addressing fluctuations in TrueCar's stock prices, executive leadership has been transparent in discussing these matters during our monthly all-hands meetings. We've incorporated these insights into our company vision and outlined detailed one- and three-year plans. Our approach involves establishing clear goals with designated teams, and individuals held accountable for their contribution. Looking ahead to 2024, we anticipate an exciting period of transformation and positive change.
As emphasized by our CEO in our January 2024 all-hands meeting, taking advantage of our flexible paid time off policy is crucial for employee well-being, encouraging everyone to recharge. Our wellness program further offers monthly opportunities for employees to engage in activities, challenges, and learning focused on physical, emotional, financial, and mental health. In addition, employees were recognized for their hard work and dedication, and bonuses were awarded to eligible employees, including VPs and below, based on individual performance in 2023.
TrueCar offers comprehensive benefits to support employee well-being, including flexible paid time off (PTO) and an annual wellness stipend. Additionally, employees and their dependents can benefit from six coaching and six therapy sessions per year, fully covered by TrueCar. Our robust benefits package extends to 401k employer matching, learning and development opportunities like access to Udemy, and monthly stipends for internet and cell phones. In addition, TrueCar covers the cost of employee medical, dental, and vision at 100%.
We are excited about the direction the organization is heading and the innovative products and services we can bring to our partners and consumers in the auto industry.
