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10 companies with employee benefits you won't believe

Sarah K. White | Dec. 7, 2016
Tech companies keep upping the ante to attract new talent and keep current employees happy, and in the process, they've manage to change how businesses approach benefits. These 10 companies haven't stopped at free food and fitness reimbursements.

If Facebook made headlines for its generous paternity and maternity leave, Netflix has one upped them by offering new parents a full year to take as much time off as they need to. During that year, new parents can choose to work a flexible schedule, part-time, or not at all, but will still receive their full salary and benefits. And to sweeten the deal even further, Netflix extended its generous parental leave to hourly workers as well as full-time employees.

LinkedIn's wellness credit

LinkedIn offers a lot of the same benefits as other tech companies; employees enjoy free food, free healthcare, pet insurance and on-site fitness, and employees generally seem happy, with a 4.7 rating on Glassdoor. But LinkedIn takes its dedication to employee wellness even further by giving each worker $2,000 a year to be spent on wellness activities like massages or fitness classes. In addition to wellness activities, employees can also choose to spend the money on things like childcare.

Spotify's fertility coverage

Spotify made headlines for coming first in a comparison of companies with the best fertility coverage. In fact, the data found that out of every industry, tech companies generally offered the most expansive and comprehensive fertility coverage. These tech companies also had the most flexible policies around who can take advantage of the fertility coverage. Employees on Glassdoor note that the coverage doesn't have a cap and that it extends to both fertility treatments and egg freezing.

Salesforce's paid volunteer work

Salesforce isn't the first company to encourage its employees to give back to the community, but it is one of the few that pays its workers to do so; employees at Salesforce get seven paid volunteer days off every year. The company even incentivizes its most charitable employees, granting $10,000 to each of the 100 top volunteers every fiscal year for them to donate to a non-profit organization of their choice. And for teams that want to volunteer together, the company offers grants to help fund those initiatives.

PwC's student loan pay down

Companies are realizing that their entry-level workers are entering the workforce saddled with debt from their education, which is why PwC introduced a Student Loan Paydown program. Associates or senior associates can get up to $1,200 every year to put towards their loans. Employees can take advantage of the program for up to six years with the company, and the intent is to help new employees pay down their loan as soon as three years faster. PwC also calculates that the program can save workers up to $10,000 on principal and interest as long as they continue making the extra $100 payment after the program ends.

 

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