To attract the best talent, many employers have expanded their employee incentivTo attract the best talent, many employers have expanded their employee incentives and benefits offerings. You read about some of the perks Google offers, such as free food and haircuts, on-site gyms and medical facilities, and more. Some other benefits that have been the topics of recent news stories include paid parental leave and unlimited vacation policies.
While the Family Medical Leave Act guarantees 12 weeks of unpaid leave to new parents, there are no US laws guaranteeing any paid leave. But many companies in the tech sector and beyond have expanded their paid parental leave policies in recent years, including Netflix, Microsoft, Ikea, and Nike. Other companies, such as Apple and Facebook, even offer egg freezing and IVF benefits to employees.
Another benefit some companies are trying out is an unlimited vacation time policy. While the idea that you can take off as much time as you like is appealing to many job-seekers, some evidence suggests that employees at these companies actually take less time
off than those at companies with more traditional vacation policies.[1] Advocates of unlimited time-off policies cite trust between employees and managers as a key factor in making them work.
1. Research some benefits and incentives you think are most appealing to employees and include a link to the articles and/or sites. Why do you believe that these benefits are appealing?
2. It is easy to sit in class and hand out benefits. It is easy to let emotion guide rather than empiricism. Do you notice that all of the companies in the introductory paragraph are huge? But you are going to be a manager most likely of a small or mid-level company that canΒt afford everything Google or Apple can. Put costs to the benefits spoke about in #1. Can you find information on whether a company really gains anything from offering increased benefits? Cite your sources.
You are expected to conduct outside research on these issues. Make sure you cite all sources with publication, title, author, and date
NOTE: for these assignments, your individual response is required to be a minimum of 250 words