employee benefits
DESCRIPTION
The report discusses about various employee benefits given by top tech companiesTRANSCRIPT
Employee Benefits
March 2013
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Disclaimer All the information contained in this report is obtained through proprietary technology aggregation algorithms, human experts, network of domain experts, discussions with industry leaders, public and confidential information sources believed to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions or completeness of any information contained herein and shall have no liability for the same. The report is provided solely for informational and marketing purposes and opinions must not be construed as advice, recommendations or endorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions with respect to the information provided.
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Note: Data captured and analyzed form public sources, interviews with HR Leaders
Flex time, paid vacation and shuttle services are some of the common benefits offered by tech companies
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Tuition Fees
Product Discounts
Flexi Time off
Commute
Vacation
• These benefits are available at HQ locations. The benefits vary across centers • [1] As on Aug, 2012
Hobby Projects
Reimbursement up to $12,000/ year to pursue higher education
•PTO: 15 – 25 days •Unlimited Sick Leave •Holidays- 12 days
Free shuttle service from several locations in and around San Francisco
15 days paid vacation for first three years and 20 days there on
Under ‘20% time’ initiative, engineers can devote 1/5th of their time on projects of their choice[1]
Source: Zinnov Research and Analysis
•PTO: 21days •Unlimited Sick Leave •Holidays- 11 days
Free shuttle service or 100% reimbursement of travel expenses
21 days paid vacation
Reimbursement of tuition fees to encourage higher education
PTO: 12 days Holidays- 11 days
Free shuttle Service or reimbursement of travel expenses
12 days paid vacation
The initiative ‘Blue Sky’ allows a group of staffers to spend couple of weeks on a pet engineering project
Apple provides up to 25% discount on products for employees
•PTO: 21days •Unlimited Sick Leave •Holidays- 13 days
Free vanpool and shuttle service
15 days paid vacation
One Friday a month is allotted to projects of personal interest.
LinkedIn provides free premium membership account for employees
Google Facebook Apple Linkedin
Source: Talent Neuron Research and Analysis
Product discounts and education support are the other key benefits offered to employees
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Tuition Fees
Product Discounts
Flexi Time off
Commute
Vacation
Philanthropy Benefits: • Yahoo! offers additional day off annually for community services. The company also matches individual charitable contributions up to $1,000 a year. • Salesforce.com offers 6 days off for employees to devote their time for community service. It has a gift matching program for its employees up to $1,000 a year,
for their charitable contributions • Apple provides product discounts to its employees to match their charitable contributions Note: Details on philanthropy benefits provided by other peer companies are not available
95% reimbursement towards the cost of tuition fees annually (up to $2,000)
•PTO: 12 days •Sick leave: 12 days •Holidays- 14 days
Free shuttle service from several locations in and around San Francisco
Two weeks of vacation during the first year and three weeks in the subsequent years
10% discount on the first $1000 spent on Amazon.com every year
Allowance up to $5,250 annually towards tuition fees and books
•PTO: 12 days •Holidays- 20 - 22 days
Free transport or transport allowances
15 days paid vacation every year.
Special employee offers on selected Yahoo! products and merchandises
100% reimbursement up to $5000 for the cost of tuition fees and books
• PTO: 15 – 25 days based on the years of service to the company
•Holidays- 13 days
$245 for commuting expenses and up to $245 for parking expenses every month
*
Amazon Yahoo Salesforce
* Details not disclosed by the company Source: Talent Neuron Research and Analysis
•PTO: Flexible •Unlimited Sick Leave •Holidays- Unlimited
Commuter program: Partial reimbursement of travel expenses
Unlimited/ flexible vacation policy
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