5 ms·

They also made their overall compensation package a lot loss less attractive with 10% profit sharing as a replacement for lifestyle subsidies.

comp_throw7 5y ago
Do you mean a lot more attractive? I would be shocked if the aforementioned lifestyle subsidies were valued by the median employee at even $1000/year; if the profit sharing came out to less than 5 figures in a normal year (again, for a median employee) I would likewise be surprised.
- etchalon 5y ago
  Humans are weird. I’ve found most employees seem to be be more attracted to guaranteed subsidies than to profit sharing. Not all, but most. Just my experience though. Obviously, both is better.
shagie 5y ago
So... hypothetically... (these may or may not be actual basecamp things - I don't know) > 50% off a gym membership But I already have a home gym. Will the company give me a check to help pay for my next piece of equipment? Why do I have to go into town to the gym to make use of this benefit? > Reimbursement of 25% off of Community Supported Agriculture I've got an orchard with more apples and pears than I know what to do with each year. I consider rhubarb to almost be a weed at this point. I get free eggs from my neighbor (and honey too - helps with the aforementioned apples and pears). Could I get 25% off my next fruit tree purchase instead? --- Such benefits are entirely missed on me. I wouldn't take advantage of them and so they're not serving the purpose of the company to entice me to stay. They also are a little bit disdainful in that other people (yea, I know... the "someone else is getting something I'm not" is a hard thing to excise from the mind) are getting extra benefits/bonuses/perks that I'm not able to take advantage of. A 10% profit sharing? Even if its worth "less" than those are previously offered - it's worth more to me.

comp_throw7 5y ago

Do you mean a lot more attractive? I would be shocked if the aforementioned lifestyle subsidies were valued by the median employee at even $1000/year; if the profit sharing came out to less than 5 figures in a normal year (again, for a median employee) I would likewise be surprised.

etchalon 5y ago
Humans are weird. I’ve found most employees seem to be be more attracted to guaranteed subsidies than to profit sharing. Not all, but most. Just my experience though. Obviously, both is better.

shagie 5y ago

So... hypothetically... (these may or may not be actual basecamp things - I don't know) > 50% off a gym membership But I already have a home gym. Will the company give me a check to help pay for my next piece of equipment? Why do I have to go into town to the gym to make use of this benefit? > Reimbursement of 25% off of Community Supported Agriculture I've got an orchard with more apples and pears than I know what to do with each year. I consider rhubarb to almost be a weed at this point. I get free eggs from my neighbor (and honey too - helps with the aforementioned apples and pears). Could I get 25% off my next fruit tree purchase instead? --- Such benefits are entirely missed on me. I wouldn't take advantage of them and so they're not serving the purpose of the company to entice me to stay. They also are a little bit disdainful in that other people (yea, I know... the "someone else is getting something I'm not" is a hard thing to excise from the mind) are getting extra benefits/bonuses/perks that I'm not able to take advantage of. A 10% profit sharing? Even if its worth "less" than those are previously offered - it's worth more to me.