Cutting Costs – 4 Company Perks Employees Don’t Care About

By Katrina Ghazarian on September 29, 2020.

Cutting Costs - 4 Company Perks Employees Don't Care About

Cutting Costs – 4 Company Perks Employees Don’t Care About

Employers are increasingly seeking creative ways to retain employees through various forms of company perks and benefits such as free shuttle service to on-site child care. It’s no secret that there are more jobs available than there are workers today pushing companies to out-perk one another in order to attract talent.

Although perks and benefits are strongly weighed when considering job offers, a study conducted by Harvard Business Review revealed these company perks are the least considered when offered lower pay for more benefits:

Team Bonding Events – 80% of respondents could care less about having deeper connections with colleagues.

On-Site Gym – 78% of respondents are not interested in having a gym available on company premises.

Weekly Free Employee Outings – 76% of respondents would not take lower pay to spend more time with their co-workers.

Company-wide Retreats – there is definitely a pattern, 74% of respondents want money rather than company sleep-overs.

Want to find out what your employees care about the most? Ask them.

Subscribe:

By submitting this form, you are requesting to be contacted by us via email and agree to receive email communications from GameDay HR. You may unsubscribe at any time. View our Privacy Policy and Terms of Service for more information.

More insights:

Cutting Costs - 4 Company Perks Employees Don't Care About
How-to Happily Prepare for 2021 California Employment Law Changes

How-to Happily Prepare for 2021 California Employment Law Changes

It’s the most….wonderful time…of the yeeeear. Kinda. It’s also a very stressful…
5 Business & Leadership Books You Should Have Read in 2020

5 Business & Leadership Books You Should Have Read in 2020

What do you do when vacations have been cancelled, webinars are redundant,…
Rethinking Company Perks - How to Offer Office Perks at Home

Rethinking Company Perks - How to Offer Office Perks at Home

Inquiring minds are asking: is free coffee still considered an employee perk…
Employee Lay-offs: What Employers Should Know during COVID-19

Employee Lay-offs: What Employers Should Know during COVID-19

COVID-19 may obliterate a lot of businesses from the face of the…

You're subscribed!

Get ready to build a better company culture in just 5 minutes per week.

Thank you for joining the HR Sucks™ Newsletter! We can’t wait to share our insights and hot takes on HR with you every week.