There are many benefits that a company can offer than can offset a slightly lower salary. Paid time off, health insurance, free meals, a retirement plan, and maternity and paternity leave can make a company seem more attractive when making your choice of where to work.
Apart from these essential benefits, millennials especially want a fun and laid back working environment, where companies offer unlimited vacations, flexible schedules and remote work.
Keeping all these in mind, we looked at seven companies that offer the best benefits and have the most enjoyable work environments.
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WeWork
WeWork is a company that provides shared office space for hip startups and innovative companies. WeWork has a current valuation of roughly $20 billion and manages 10 million square feet of office space. It employs around 2,000 people in various locations across the United States.
As a business that concerns itself with making the workspace as efficient and enjoyable as possible, it is no wonder that WeWork features among our list of top companies that offer the best benefits. The company is well known for its comprehensive health insurance plans, as well as for its wellness programs–like yoga and sound baths, free food and beverages.
Deloitte
Deloitte is one of the “Big Fours” in accounting services, and the largest in the professional services network in the world by revenue and number of professionals. It has offices across the United States, and employs around 263,900 employees globally.
The company offers an attractive benefits package for financial professionals that includes a 30-day sabbatical that you can take when you like and for whatever reason. As an employee, you also have the right to a professional sabbatical between three to six months with 40% of your regular pay. The consultancy firm also offers comprehensive health insurance, a 401(k) plan and paid time off.
Microsoft
Equally famous as its founder Bill Gates, Microsoft is one of the biggest tech companies that apart from its eponymous operating software for PC and other devices, is involved in cloud computing, gaming, AI technology and various tech projects. It employs around 124,000 people globally across several US cities.
Microsoft is always seeking new IT talent, and will greatly reward programmers who choose to work for them with a comprehensive and attractive benefits package. Apart from a good insurance plan (which includes life, health and dismemberment), the company offers fresh-starters three weeks paid vacation time. It also provides good 401(k) plans and various discounts for its products and services.
Verizon
Verizon is one of the biggest telecommunication companies in the world, employing 155,400 people globally. It has bought AOL and Yahoo, and provides phone, cable and Internet access to millions of customers across the United States.
The company has a good benefits package that includes full health insurance, 401(k) plan matching, stock options and good retirement benefits. Current and former employees have also praised the company’s flexible policy when it comes to paid time off and vacation leave.
Bank of America
Bank of America is one of the biggest financial services companies in the US and the world. It employs over 10,000 people across the United States and boasts over $10 billion in yearly revenues.
Apart from offering a stable position with an attractive salary, the bank also has an excellent benefits package. The company’s biggest perk is their 401(k) matching plan. Working for a bank will also help you manage your finances better as the company offers free financial counseling. Finally, Bank of America also offers its eligible US employees leaves of absence to care for a family member or newborn, tuition reimbursement and career planning help.
BP
BP is one of the biggest petrol and gas companies in the world. More than 74,000 people work for BP globally.
The biggest perk BP offers employees is the returnship program that allows professionals who, for various reasons, have taken a break from work to return to a professional environment. The program offers networking and mentorship opportunities that are available to participants, and at the end of the course, participants can get a full-time position at the company.
Apart from the returnship program, BP offers workers a great health insurance plan, matching 401(k) plans and paid maternity and paternity leave.
Costco
When it comes to its employees, Costco doesn’t cut costs. The wholesale retailer (the second biggest in the world after Walmart) ranks high when it comes to employee benefits. The company raised its minimum wage for employees to $13.50 per hour, well above the $7.25 federal minimum, and the $11.50 minimum wage in Washington, where the company is based.
As part of its excellent benefits package, all employees, both part and full-time, receive health care, dental care and life insurance plans. The company also offers a great 401(k) plan with options to invest a part of the earnings into stock.
Choosing your next workplace can be difficult, but researching which one offers the best benefits is a foolproof method that will land you in a great work environment. A company who takes care of its employees also takes care of business, and is more likely to succeed.
What is your experience with the above companies? Have you worked for a company that offered great benefits? Share your experience with us in the comments.
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