Some Perks
Some of the perks that I've seen dev shops give out include:
- Free meals -- Breakfast, Lunch, even Dinner
- Unlimited PTO Policy
- Open access soft drink fountain
- Gym on-site
- Doctor's office on-site
- Electric car charging stations
- Fully paid medical
Be Wary
So, be wary about what you're getting into when you hear about perks like this at a job you're going into. In my opinion, these perks have three basic categories:
- Altruistic perks
- What I'll call "Workahol perks"
- Cheap perks
Altruistic Perks
Altruistic perks are perks given by companies because they actually want to be a good employer and they want to attract and retain top talent and the best way to do that is to offer a great benefits package. Among altruistic perks are fully paid health/dental insurance, electric car charging stations, stock options, and the list goes on. If a perk has no other effect other than improving the employee's well-being, then it is an altruistic perk. This might be a tad bit confusing, because you may be thinking "don't all benefits improve employee's well-being?" The answer to that is..... well not really. Which brings us to...
Workahol Perks
Workahol is what keeps people working all day long and into the night and keeps people sitting at their desks or in the office on comfy chairs. Once employees get addicted to workahol, they become workaholics. Pretty soon their entire lives revolve around work and that's all they can think about. Companies have an incentive to get employees to work as much as possible, especially if they're salaried employees -- because the more employees work, the more the employees produce which then the company can turn into money. This means that companies are actually have an incentive to introduce amounts of workahol into the culture of the business. However, it cannot be toxic workahol, or large amounts of employees will revolt and complain they have to work too much. So, businesses have figured out how to keep employees at the office with subtle amounts of workahol introduced by perks such as:
- Gym on-site
- Doctor on-site
- Free meals from the best restaurants
If a company is giving free food for breakfast, lunch, and dinner, that means the employees are more likely to stay there for breakfast, lunch, and dinner -- thus spending more time at work and increasing their overall productivity. While these perks may seem amazing, perks that produce workahol should be carefully considered when considering a job offer.
Cheap Perks
The perfect example of a cheap perk is an unlimited PTO Policy. To one who has not received this perk, it may seem like unlimited PTO would be something a dream job would have. While it may be nice -- there are some things to consider.
- When your employer gives you unlimited time off, you don't accrue time off. So, when you quit your job, or heaven forbid, you get fired, they don't have to pay out any of the time off you accrued but didn't use. In this way, the employer actually saves money by giving you "unlimited" time off -- but they only save money if you take a reasonable amount of time off from your job. Which leads to...
- "Unlimited" time off is not unlimited. "Unlimited" time off means work with your manager when you really want time off and they will work with you to determine what is reasonable. This means if you get a jerk manager in a workaholic company, the time that you take off may in reality be less than at a traditional job. When you accrue time off, you are more likely to take that time off because you earned it and may be saving up for some vacation or other event that you need to take time off for. When there's unlimited time off, you may not consider how much time you should be taking off for how long you've been working.