06 Mar Employee Benefits Candidates Want
When looking for a new job, the company’s employee benefits and “perks” are almost as important as the salary being offered. To stay competitive, companies are finding creative ways to offer non-traditional employee benefits. Research from Glassdoor found that 57% of people said benefits and perks are among their top considerations before accepting a job, and four in five workers say they would prefer new benefits over a pay raise.
The Top Five Employee Benefits Ranked
- Health care insurance (e.g., medical, dental): 40%
- Vacation/paid time off: 37%
- Performance bonus: 35%
- Paid sick days: 32%
- 401(k) plan, retirement plan and/or pension: 31%
Perks also factored into the CareerBliss ranking of the happiest companies. One Adobe employee noted on the CareerBliss platform: “The company has great perks for their employees that include company parties, outdoor activities, indoor pool and ping-pong tables, and a computer gaming room. They also have a great cafeteria that provides excellent food.”
Four out of five workers say they would prefer new benefits over a pay raise.
Overall, according to Glassdoor Benefits Reviews, there are more than 50 specific benefits and perks offered at any company, including health insurance, 401(k), adoption assistance, tuition assistance, and others. Glassdoor identified some of the more unique benefits and perks in a recent analysis of hundreds of thousands of benefits reviews shared by employees on Glassdoor since August 2014. Each company’s rating is based on at least 20 benefits reviews shared on Glassdoor by employees as of January 28, 2016.
The Best Employee Benefits By Company
- Netflix offers one paid year of maternity and paternity leave to new parents. They also allow parents to return part-time or full-time and take leave as needed throughout the year.
- REI encourages its employees to get outside by offering two paid days off a year (called “Yay Days”) to enjoy their favorite outside activity.
- Salesforce employees receive six days of paid volunteer time off a year, as well as $1,000 a year to donate to a charity of their choice.
- Spotify provides six months of paid parental leave, plus one month of flexible work options for parents returning to the office. The company also covers costs for egg freezing and fertility assistance.
- World Wildlife Fund employees take Friday off every other week, also known as “Panda Fridays” at the nonprofit.
- Airbnb, which was named Glassdoor’s Best Place to Work in 2016, gives its employees an annual stipend of $2,000 to travel and stay in an Airbnb listing anywhere in the world.
- PwC offers its employees $1,200 per year for student loan debt reimbursement.
- Pinterest provides a unique take on the parental leave policy by providing three paid months off, plus an additional month of part-time hours, as well as two counseling sessions to create a plan to re-enter the workplace.
- Burton employees receive season ski passes and “snow days” to hit the slopes after a big snowfall.
- Twillo offers employees a Kindle plus $30 a month to purchase books.
- Twitter is well-known for providing perks such as three catered meals a day, but some lesser-known benefits include on-site acupuncture and improv classes.
- Accenture covers gender reassignment for their employees as part of their commitment to LGBTQ rights and diversity.
- Walt Disney Company wants its employees and their friends and family to enjoy the “Happiest Place on Earth” as much as their visitors by offering free admission to its parks, as well as discounts on hotels and merchandise.
- Facebook provides $4,000 in “Baby Cash” to employees with a newborn.
- Evernote hosts classes through “Evernote Academy,” which offers team-building courses like macaroon baking.
- Epic Systems Corporation offers employees a paid four-week sabbatical to pursue their creative talents after five years at the company.
- Adobe shuts down the entire company for one week in December and one week over the summer.
- Asana employees have access to executive and life-coaching services outside of the company.
- Zillow allows employees who are traveling to ship their breast milk.
- Google provides the surviving spouse or partner of a deceased employee 50% of their salary for the next 10 years.
What employee benefits are most important to you? Let the recruiting specialists at TRS help you find the company with the best employee benefits for you.
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