There was a time when weekly pay was all employees received for their service. In most industries, those days are long gone. Pension and health plans, benefits and other perks have been introduced to keep employees happy and engaged. Personal income has risen over many years, but due to the financial crisis, many companies are not increasing their salaries. In fact, since 2009, the average salary is falling. So if you can’t increase salaries, what do you do as employer? You offer perks!
Especially in the technology sector, companies are very creative in the perks they give to employees. How about a limitless supply of M&M’s? 24/7 access to the gym? Free onsite child care? Every Friday afternoon off for innovation?
Have a look at the following picture for some more ideas:
Click on the image to enlarge.