Two weeks in one of the highest gdp per capita countries of the world. Two. Measly. Weeks. It was just one single day up until now. Let that sink in.
Two weeks in one of the highest gdp per capita countries of the world. Two. Measly. Weeks. It was just one single day up until now. Let that sink in.
All employer-paid employee benefits ultimately come with a reduction in salary. The reason is simple - companies do not look at your salary when deciding if it is worth hiring you. They look at total compensation (salary + benefits). The larger the benefits, the lower the salary.
Me, I prefer minimal benefits and maximal salary.
Me, I prefer a society where children have a higher probability of being attended to by their parents even if it costs me some money.
However, the calculation done by a company is:
a. what is the total compensation paid to the employee?
b. how much value will the employee produce?
If `b` is less than (`a` + opportunity cost), then "no hire". What percentage of `a` is salary is simply irrelevant to the business decision.
Your supposition is only correct if the business manager is winging it and has little idea what is going on financially in the business. The field of "cost accounting" is devoted to figuring these things out. Getting a good handle on it is key to running the business efficiently.
It costs the company $100 per employee to offer rarely used $10000 benefits to everyone.
[1] Did Einstein really say "if the world were going to end at midnight, then I'd want to be in Bern, because they'd get around to it sometime around 1:30"?
[2] This is said to be a characteristic of Quakers as well. Maybe all consensus-prioritising systems?