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https://steveblank.com/2009/12/21/the-elves-leave-middle-earth-%E2%80%93-soda%E2%80%99s-are-no-longer-free/ https://steveblank.com/2009/12/21/the-elves-leave-mi
by Mandatum 4y ago
https://steveblank.com/2009/12/21/the-elves-leave-middle-earth-%E2%80%93-soda%E2%80%99s-are-no-longer-free/ https://steveblank.com/2009/12/21/the-elves-leave-middle-ear...
Once they cut benefits that are widely lauded. Holiday-free PTO, exercise and health benefits, stuff that makes sense to anyone to attract talent when times are tough. You can cut corners, you can cut bonuses when times are tough - but you can't cut benefits. It's a short-term way of thinking, and you'll lose your best employees over it.
- lrvick 4y agoTwo companies I worked at went to shit shortly after free lunches got the axe.
- wnkrshm 4y agoI feel the opposite way, it's not rational but when my work gives me all kinds of amenities like that, I feel like some sort of pet in a zoo. What are lunches and gyms and all kinds of dumb peanuts in contrast to health care and stability.
- oxff 4y agoWhy is this a red flag / canary? Given the chance, I'd take every single non-monetary benefit (such as "health benefit", or "exercise benefit") as direct monetary compensation added to my pay, by virtue of the fact I know much better how to allocate that money such that it is beneficial to me.