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Tag: perks

Summers off? Yes, please! This company lets you pick your own perks

Summers off? Yes, please! This company lets you pick your own perks

Finance
What if a digital twin could go to work for you? Imagine if you got to pick your work bonus. Would you choose a personal chef? A trip to the super bowl? An annual dry cleaning pass? A month in Europe or a whole summer off? Or maybe you prefer cash. For employees at North 6th Agency, the choice is theirs. The brand communications and social media agency recently launched Pace Points, a program that lets employees cash in points for a variety of rewards. "We wanted to take the guess work out of rewards programs,' said N6A CEO Matt Rizzetta. "If an employee deserves a reward, they should be able to choose whatever they want that motivates them." The are 60 rewards employees can select in six categories: health, travel, experience, transport and housing, quality of ...
Why perks aren't the answer to retention problems

Why perks aren't the answer to retention problems

Finance
Could future offices be homes for farm animals? Perks like free car washes, dry cleaning pickup and a fully-stocked kitchen can help entice new workers to join a company. But they won't necessarily keep them there. "It's a job seeker's market right now. That means employers need to work a little harder to find and retain talent," said Sarah Stoddard, senior public relations specialist at Glassdoor. "And when you boil it down to what employees are really looking for, it is traditional benefits with a strong company culture — one that really values employees." Having a strong company culture helps workers feel more purposeful and connected to their work. That leads to more engaged and loyal workers. "You can pay attention to how much people are paying and their p...
Forget Summer Fridays. These companies offer cool summer perks

Forget Summer Fridays. These companies offer cool summer perks

Finance
Another strong jobs report. Here's why unemployment went up Summer Fridays are nothing new. And in a tight job market where employers are struggling to find workers, companies are getting more creative with the seasonal perks they offer in order to stand out from their competitors. Around 72% of companies that increased benefits cited worker retention as the reason, while 58% wanted to attract new talent, according to the 2018 employee benefits survey from the Society for Human Resource Management. "Every single person we make an offer to has another offer," said Michelle Wagner, senior vice president of people operations at Evernote. "People really care about how and where they work — that matters to them. That puts more pressure on us to hire well and create ...
Are your credit card perks shrinking?

Are your credit card perks shrinking?

Finance
Three simple ways to pay off credit card debt Your credit card perks are designed to feel like a gift that keeps on giving. But they are not guaranteed to last. Buried deep in any credit card agreement is something that reads like this: your card issuer has the right to change the benefits and features of these programs at any time with notice. And some banks have already rolled back popular perks, leaving cardholders wondering whether the benefits they signed up for will last. Last month, Chase Sapphire Reserve customers were notified of a series of changes including the discontinuing of price protection, a reduction in the way some points are earned, and a cap on the number of guests included with airport lounge memberships. Earlier this year, Discover eliminated p...
Getting a handle on your employee benefits and perks

Getting a handle on your employee benefits and perks

Finance
Company benefits and perks are an essential and much appreciated part of compensation, but staying on top of changes every fall can be a chore."Most people don't look at their complete packages every year," said Eric Roberge, certified financial planner and founder of Beyond Your Hammock. "They just do [the minimum] — what they have to do."Here are the areas that warrant special attention, along with the questions financial advisors suggest you ask before choosing your company benefits.Roberge asks his clients to answer these questions:Do you have a matching contribution?Are you taking full advantage of it?Have the investment options (especially mutual funds) changed?Are you allocated correctly?Should you rebalance?It's important to pay attention to how you save, advisors said."One thing t