Companies are competing to make beside the salary, benefits more and more attractive as a measure to convince more job seekers to join their team. Businesses need to plan employee benefits and perks so that as professionals grow, while the company continues to attract and retain the talent it needs for further development on the market.
Here is what I’ve learned over the last few years in interacting with employers and employees: Not all benefits are perceived as advantages by the other part. Still, there are some similarities in the two lists below.
The company sees benefits in the following points:
Health insurance
Meal/Catering tickets
Paid overtime
Flexible working hours
Mobile calls reimbursement
Relocation package
Subscriptions (e.g. library, fitness etc.)
Internal training
Profit sharing, if the industry is suitable for it
Free snacks and drinks
Casual dress code
Fun team events (e.g. thematic Fridays, picnics, team-building)
A great view from the window
Cool office architecture
Modern desks and chairs
Open-space seating
Table football
Ping-pong tables
Office location close to public transport
The employee sees as benefits in the following points:
Health insurance
Dental insurance
Disability insurance
Life insurance
Flexible working hours
Home-office possibility
Appropriate payment for their work
Profit sharing, if the industry is suitable for it
Paid time off from work (e.g. paid vacation days, paid personal day or grief/funeral leave)
Internal and external training and certifications
Sponsored participation in conferences, workshops and other events of the industry
Respect for their time and talents
Transparency into the organization’s strategic plans
Ethical and modern leadership
Tools and equipment to carry out their work
Free parking or parking reimbursement
Commuting cost reimbursement
Relocation package
Subscriptions (e.g. library, fitness etc.)
A real work-life balance
Benefits and perks make potential employers more competitive and give job seekers a broader horizon while deciding to accept a particular job offer.