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The thing that got me was: "The company wrote in the email that employee perks in total have been costing Dropbox at least $25,000 a year for each employee. Ba
by patmcguire 10y ago
The thing that got me was:
"The company wrote in the email that employee perks in total have been costing Dropbox at least $25,000 a year for each employee. Based on Dropbox's roughly 1,500 headcount, that would translate to about $38 million a year."
That sounds nuts, but do "perks" include health insurance, life insurance, the usual stuff? Or just the ridiculous stuff that only exists at tech companies?
- zenlikethat 10y agoNo, insurance is usually referred to as "benefits". "Perks" are things like snacks and massages.
- autoreverse 10y agoPerhaps Silicon Valley needs a perks metric? "That's only 0.25 pandas per FTE."
- HillRat 10y agoThat's about $100/employee/workday, which is significant but not insane -- a couple of meals, a few espresso drinks, a massage and some dry cleaning and you're probably in the ballpark when you consider operational overhead. Whether they're easy to cut is another matter -- perquisites are considered more important when they're being removed than when they're instituted. (Plus, it's a cheap if unreliable signal for financial distress.)
- gaius 10y agoThere will also be the salaries, offices, etc of the people whose full time job it is to administer the perks system.