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IMO Cutting benefits is more unacceptable than cutting politics talk (which IDC about). Replacing it with an equal amount of money doesn't necessarily shore up
by KittenInABox 5y ago
IMO Cutting benefits is more unacceptable than cutting politics talk (which IDC about). Replacing it with an equal amount of money doesn't necessarily shore up because I'll need to pay income tax on any direct payments, and if they only give me the money that they would pay (companies get bulk discounts on gym memberships and the like) then I will be given less money than the service was actually worth.
eg. if Basecamp got bulk gym memberships at 20$/employee but each employee would have to sign up at 40$ per person, Basecamp paying each employee 20$ would not be the same as giving each employee a gym membership.
- javagram 5y agoUnless you qualified for each and every benefit, replacing them all with money might end up being a gain instead of a cut. Anyone who doesn’t have a gym membership or isn’t currently paying tuition would come out ahead this year at least on their new plan. Fair enough that it might not work so well in subsequent years due to taxes.