Just imagine. You’re starting your first day at Google. It’s been your dream job for a long time and understandably so as the number one company to work at, but what drew you to them wasn’t what work they do, or even the pay, but instead the environment they provide for their employees.
These days four in five employees saying they would prefer new benefits over a pay increase, it’s not hard to see why companies are scrambling to follow the lead of the likes of Google and offer niftier benefit packages targeted at keeping employees happy outside the office.
We compiled a list of some of the companies who have thrown tradition out the door and reinvented their benefits packages.
Rated the best place to work in 2016 by Glassdoor, employees are given $2000 of travel credit each year to use on Airbnb, anywhere in the world. On top of this, they will also receive extended parental leave, flexible work schedules, childcare and health benefits.
While not being the first company to encourage workers to find ways to give back to the community, Salesforce will actually pay their employees to do it. Every year employees will be given 7 volunteer days per year which they are fully paid for. The top 100 employees each year will also each be given $10,000 to donate to a charity of their choice.
We couldn’t make a list without throwing in one of the top tech giants. What became the norm for tech giants in the way of free lunches, onsite workout gyms and trendy office spaces, has been taken one step further in the scheme of their employee benefits. After Mark Zuckerberg took and extended paternity leave of four months, he decided to do the same for the rest of his staff, available to be used at any point during the year after their child’s birth. Additionally, employees will receive a $4000 ‘Baby Cash’ gift after having a child so that they can make sure they have everything they need.
If the amount of paternity and maternity leave above sounded generous, Netflix have gone above and beyond by offering new parents the choice to take as much time off in a year as they need to. Employees will still have the option to work around a flexible schedule if they want to, but even if they don’t they will still be entitled to their full salary. All workers, regardless of whether they work part or full-time are still entitled to these benefits.
It’s no secret that a large portion of the workforce is heavily indebted to their student loan, especially if you happen to be an entry-level worker. PwC has taken steps to help employees by introducing a Student Loan Paydown Program where associates can get up to $1200 every year to help pay off their loans faster. The scheme can be used for up to 6 years with the intention of speeding up the repayment period by as much as 3 years.
After an employee has spent five years with the company, they are entitled to a full month of paid leave to spend as they choose. To top it off the company also boasts free beer on tap and nap rooms at their premises and subscriptions to the Kindle Books program.
World Wildlife Fund
Every other week employees are invited to take the Friday off work. Known as “Panda Fridays”, employees are encouraged to take a day to catch up on errands or pursue hobbies and allows the organsiation to meet their goals of conversion and work-life balance. A non-profit for environmental causes, it gives the organisation the chance to lead by example and reduce their carbon footprint and give employees a purpose for their work.