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> In response, EY announced a fund in February 2022 to reimburse up to $800 per year for commuting, pet care and dependent care costs I can understand dependan
by zamalek 3y ago
> In response, EY announced a fund in February 2022 to reimburse up to $800 per year for commuting, pet care and dependent care costs
I can understand dependant care being considered an "employee problem" in the strictest causal sense, so it's amazing that this is considered. That being said, childcare can cost up to $3000/mo - so $800/yr is woefully inadequate.
Commute costs are another story entirely. If I were to entertain RTO (which I wouldn't), my commute time would be paid time. If being in the office is considered a job function, then by definition I should be paid while performing that function. Me doing that for free effectively cuts my salary by 20% (for a 2hour commute on top of 8hours). Furthermore, $800 is a drop in the bucket compared to the cost of fuel and maintenance - another free benefit that employers enjoy.
$800/yr doesn't cut it, not even close - especially if the employee is using that benefit for all the purposes listed.
- ngetchell 3y agoI don't see why my employer needs to cover 100% of my expenses for the benefit to be useful. They are paying me extra money to try to convince me to come into the office. Especially when they can just change their policy to force me to come in without the added benefit. Tuition reimbursement doesn't cover the total cost of college classes but I'm still glad they provide it!
- iteria 3y agoIt's even cover a month of daycare and it pays out over a year, so it's beyond useless. This would cover 3 months of aftercare for me, which I'd only need to have because I was going into the office. Why would I opt into that extra expense, especially when it's significant.