This isn't always the case, especially in larger companies. Sometimes perks are just perks.
This isn't always the case, especially in larger companies. Sometimes perks are just perks.
I'm just trying to say that the fact that they thought going against the grain and being creative in an attempt to match the stories you hear out of Google or the like rubbed me the wrong way.
Having say a small fund to use for sporting activities can improve interpersonal relationships between employees and provide a way for new employees who might have relocated for the job a way to meet new people. The dividends this can pay can be well in excess of the costs.
Or you could just, you know, pay them more.
A larger company would likely be able to negotiate a lower per-instance cost for a "perk" than an employee would be able to get themselves. Hence if you "just paid them more" with the idea that they would be going to get that same perk, it would cost some multiple more given that they don't have the same purchasing power as the company.
You can disagree that they would go and choose the same perk, but this line of reasoning assumes that there is no consistency of preferences eg. Gourmet coffee or good food is fungible as a perk regardless of the provider.
Consider that a gym membership might cost $50/month at a private gym because the gym needs to make a profit. There is also dead loss because of time travelling between work and the gym.
A company might well be able to provide on site gym services to employees at a much cheaper rate, especially if they already have space that is underutilised, they don't need it to be profitable and the facilities are so close that employees can just work out during their lunch break.
So with everything factored in you might be comparing $60/month to compensate an employee for a private gym vs $15-20/month with an employer provided gym.
The net result is healthier employees because more of them are likely to use the gym than if it was not provided and it's also a more efficient way to provide gym services if it is used by more than X% of employees.
Every perk is a line on a balance sheet that someone is justifying. If that person wants to keep their job, that justification isn't "just perks".
The only place where perks are just perks is small companies that aren't startups.