There was a time when salaries were the main carrot behind which employees used to run. For decades that was the norm and it led to employees spending their entire careers at a specific corporation and never complained. However, times have changed and so have the employees and employers. Their expectations, their beliefs, the cultures and the market practices have all gone through a collective revolution of sorts. Salaries are no longer the pot of gold that attracts employees. That honor now effectively belongs to the benefits that an organization can offer. Some of the most valued and appreciated perks and benefits that can be offered to employees are listed below:

Paternity Leave:

Netflix drew applause from all over the industry when it unveiled its plans to offer its employees paternity or maternity leaves for up to a whole year. Apart from all this, it also allows the employees the chance to return back to work part-time or full-time as per their suitability. It is something that is becoming the industrial benchmark when it comes to maternity leaves.

Paid time off:

Employees become both tired and exhausted in their work places. They need a little time off from work every now and then, this leads to them taking some time off routinely. In the olden days, any time off work meant you wouldn’t get paid for that period. However, the introduction of paid leaves has increased the expectations of employees from their employers, as well as set a new market benchmark. REI shot to fame after making this a staple of their benefits package.

Paid Volunteer time off:

Sales force made itself a market leader in this revolutionary perk. It offers all of its employees the chance to take up to 6 days off in order to do some volunteer work of their choice while it also gives its employees an additional $1,000 to donate to a charity of their choice.

Family planning option:

Spotify launched this option for its employees that allowed them to have both paternity leaves as well as access to resources that allows them to plan their future family options as well as work schedules accordingly.

Fridays off:

World Wildlife Federation does an incredible job in preserving endangered species. Apart from that it also allows its employees to take Fridays off. It is aimed to increase their productivity in the days that they do work; and increase employee satisfaction.

Travel expenses:

Airbnb has made a name for itself by making accommodation easy to find. However, for its own employees it also gives a complete reimbursement of all travel expenses incurred by them while out on company business.

Loan reimbursement:

PwC pays its employees $1,200 a year in order to support their student loan debt reimbursements, and help them get out of debt. It has enabled many students to have better credit histories as a result.

Parental Support:

Pinterests not only offers paid maternity leaves, it also offers a free counseling session that allows employees to enter the workplace in a better state of mind.

Snow days:

Burton employees are offered snow days off and the chance to have access to ski passes to enjoy a full day of skiing on the slopes after a snowfall.

Kindle perks:

Twilio offers its employees a free Kindle, plus an additional $30 a month to buy books and increase their library as they wish.

All of these perks are changing the very concept of perks and benefits, while alleviating the expectations that employees have in terms of benefits from their employers.

Wondering which perks to offer to your employees? Overwhelmed by the numerous options available at the table? Book a free consultation session with JS Benefits Group to help you offer relevant perks for your employees!