20 companies with the best benefits
November 28, 2017 11:03 AM
20 companies with the best benefits
Healthcare benefits and two weeks of vacation are some of the more common benefits employers provide to workers. While shifts toward unlimited PTO plans and fully stocked kitchens are becoming a welcomed benefit trend, employers should keep in mind that 57% of job seekers consider employer provided benefits among their top considerations before taking a new job, says employer-review site Glassdoor.
According to Glassdoor Economic Research, these are some of the core benefits that make the biggest impact on employee satisfaction:
· Health Insurance
· Vacation & paid time off
· 401(k) plans
· Retirement plan
· Dental and vision insurance
· Maternity & paternity leave
The following employers provide workers benefits that move from basic to legendary. Each company’s benefits rating is averaged on at least 20 benefits reviews shared on Glassdoor by employees as of Jan. 21.
According to Glassdoor Economic Research, these are some of the core benefits that make the biggest impact on employee satisfaction:
· Health Insurance
· Vacation & paid time off
· 401(k) plans
· Retirement plan
· Dental and vision insurance
· Maternity & paternity leave
The following employers provide workers benefits that move from basic to legendary. Each company’s benefits rating is averaged on at least 20 benefits reviews shared on Glassdoor by employees as of Jan. 21.
Amazon
The e-commerce employer offers two programs for new parents: Leave Share, which allows employees to share paid leave with their partner if the partner’s company does not offer paid leave, and Ramp Back, which gives new moms more control over easing back into work. All perks are available for corporate, customer service and fulfillment center employees.
Overall benefits rating: 3.7
What employees rave about: “Great benefits all around. Best insurance I’ve ever had, didn’t have to worry about the bill I’d receive a month later after going to the doctor. I never paid anything to the doctor or received a bill for any of my son’s well-baby visits.”
Overall benefits rating: 3.7
What employees rave about: “Great benefits all around. Best insurance I’ve ever had, didn’t have to worry about the bill I’d receive a month later after going to the doctor. I never paid anything to the doctor or received a bill for any of my son’s well-baby visits.”
American Express
The financial institution’s parental leave policy offers up to five months of fully-paid leave for both mothers and fathers. Birthing mothers generally receive an additional 6 to 8 weeks under salary continuation for medical leave. Parents are also given access to a 24-hour lactation consultant, and mothers traveling for business can ship their breast milk home for free.
Overall benefits rating: 4.0
What employees rave about: “AmEx has always treated me well as an employee. My spouse had serious health problems some years ago, and my leaders were very compassionate, and allowed me to work from home full time until she recovered. Good pay, good benefits, good people to work with for the most part.”
Overall benefits rating: 4.0
What employees rave about: “AmEx has always treated me well as an employee. My spouse had serious health problems some years ago, and my leaders were very compassionate, and allowed me to work from home full time until she recovered. Good pay, good benefits, good people to work with for the most part.”
Bain & Company
Rated the Best Place to Work in 2017 by Glassdoor, Bain & Company holds an annual two-day, global “Bain World Cup” soccer tournament, open to all employees. Last year’s event was in Brussels. The 2017 tournament will be held in Los Angeles.
Overall benefits rating: 4.7
What employees rave about: “Fantastic team spirit, worthy of the old ‘A Bainie never lets another Bainie fail’ expression which is supported through local and global trainings where employees come together from around the world to share experiences and take on new challenges.”
Overall benefits rating: 4.7
What employees rave about: “Fantastic team spirit, worthy of the old ‘A Bainie never lets another Bainie fail’ expression which is supported through local and global trainings where employees come together from around the world to share experiences and take on new challenges.”
Deloitte
The consulting firm offers two sabbatical programs: an unpaid one-month sabbatical that can be taken for any reason, and a three- to six-month sabbatical that can be taken to pursue personal or professional growth opportunities with 40% pay.
Overall benefits rating: 4.1
What employees rave about: “Great company to work with. Collaborative environment in which experienced hires will not be left out. Partners will actively support your career progress.”
Overall benefits rating: 4.1
What employees rave about: “Great company to work with. Collaborative environment in which experienced hires will not be left out. Partners will actively support your career progress.”
Eventbrite
The global marketplace for live experiences helps keep employees healthy by offering a monthly $60 wellness stipend, which can be used on everything from gym dues to juice cleanses.
Overall benefits rating: 4.6
What employees rave about: “What I love the most about Eventbrite is the office/work culture that it has created. I have never experienced anything like it before. The company proves over and over again that it truly cares for their employees in each department.”
Overall benefits rating: 4.6
What employees rave about: “What I love the most about Eventbrite is the office/work culture that it has created. I have never experienced anything like it before. The company proves over and over again that it truly cares for their employees in each department.”
Facebook
The social media tech giant provides healthcare coverage and free housing for interns. Also known for its competitive benefits package, many Facebook interns report earning more than $7,000 per month.
Overall benefits rating: 4.7
What employees rave about: “The worst thing is that there are so many perks and benefits you may not know about all of them.”
Overall benefits rating: 4.7
What employees rave about: “The worst thing is that there are so many perks and benefits you may not know about all of them.”
Gap
The clothing retailer provides free access to the San Francisco Museum of Modern Art to corporate employees. Gap founders Doris and Donald Fisher worked closely with the museum to feature their prominent private collection.
Overall benefits rating: 3.6
What employees rave about: “Very comprehensive superiors. Flexible hours. Great team and great work environment.”
Overall benefits rating: 3.6
What employees rave about: “Very comprehensive superiors. Flexible hours. Great team and great work environment.”
Genentech
The biotech manufacturer offers unique on-site amenities, including car washes, haircuts, childcare center, mobile spa and dentist.
Overall benefits rating: 4.3
What employees rave about: “Great place to work due to culture, benefits, [and] talented people.”
Overall benefits rating: 4.3
What employees rave about: “Great place to work due to culture, benefits, [and] talented people.”
Goldman Sachs
The investment banker offers coverage for gender reassignment surgery, a benefit the company has offered since 2008.
Overall benefits review: 4.1
What employees rave about: “Goldman Sachs is devoted to people development and providing high achievers opportunities to grow professionally. As an employee, you are surrounded by intelligent, driven colleagues and have the benefit of a culture that is focused on bringing out the best in you.”
Overall benefits review: 4.1
What employees rave about: “Goldman Sachs is devoted to people development and providing high achievers opportunities to grow professionally. As an employee, you are surrounded by intelligent, driven colleagues and have the benefit of a culture that is focused on bringing out the best in you.”
Ikea
The furniture retailer offers up to four months of paid parental leave to both part- and full-time employees with at least one year of experience at the company, regardless of whether they work at a retail store or the corporate headquarters.
See also: Ikea significantly ramps up paid parental leave benefits
Overall benefits rating: 4.4
What employees rave about: “Great pay, amazing benefits, and company culture is strong. Although it is a worldwide company, you feel like a family.”
See also: Ikea significantly ramps up paid parental leave benefits
Overall benefits rating: 4.4
What employees rave about: “Great pay, amazing benefits, and company culture is strong. Although it is a worldwide company, you feel like a family.”
In-N-Out
The burger chain’s employees can treat themselves to a free Double-Double burger and fries during each shift.
Overall benefits rating: 4.3
What employees rave about: “Extremely flexible with scheduling, you work with similar personalities so everyone tends to get along. Great pay and excellent benefits for a rewarding job!”
Overall benefits rating: 4.3
What employees rave about: “Extremely flexible with scheduling, you work with similar personalities so everyone tends to get along. Great pay and excellent benefits for a rewarding job!”
Microsoft
The tech titan offers an annual $800 “StayFit” reimbursement program to help cover the cost of gym memberships and fitness programs.
Overall benefits rating: 4.4
What employees rave about: “The best things were the 401(k) (Microsoft would match up to 50% of max) and the employee stock purchase plan. Also the Stay Fit options were good (could go to a gym or get $800 to spend on fitness related activities/equipment or other things).”
Overall benefits rating: 4.4
What employees rave about: “The best things were the 401(k) (Microsoft would match up to 50% of max) and the employee stock purchase plan. Also the Stay Fit options were good (could go to a gym or get $800 to spend on fitness related activities/equipment or other things).”
Reebok
The athletic apparel retailer encourages workers to reach their personal fitness goals by providing an on-site gym with Crossfit classes.
Overall benefits rating: 4.1
What employees rave about: “The company mission and values are clear, communicated often, and embraced. It’s OK to take an hour for fitness throughout the day and fitness events are encouraged to participate in.”
Overall benefits rating: 4.1
What employees rave about: “The company mission and values are clear, communicated often, and embraced. It’s OK to take an hour for fitness throughout the day and fitness events are encouraged to participate in.”
Scripps Health
The employer not only cares about its employees, but also the well-being of their furry family members, offering pet health insurance for cats and dogs.
Overall benefits rating: 4.1
What employees rave about: “Good benefits, especially the wellness program, which if all requirements are met, the employee’s benefits are at no-cost for the next year.”
Overall benefits rating: 4.1
What employees rave about: “Good benefits, especially the wellness program, which if all requirements are met, the employee’s benefits are at no-cost for the next year.”
Southwest
The airline offers all employees and their dependents access to Clear Skies, an employee assistance program that provides confidential counseling, work/life services, and legal consultations.
Overall benefits rating: 4.4
What employees rave about: “Ability to make a difference, senior management listens to all ideas for improvement, genuine care for employees, competitive salary, awesome benefits, cash bonus offered for reaching certain metrics.”
Overall benefits rating: 4.4
What employees rave about: “Ability to make a difference, senior management listens to all ideas for improvement, genuine care for employees, competitive salary, awesome benefits, cash bonus offered for reaching certain metrics.”
Starbucks
The coffee provider offers full tuition reimbursement for its employees, covering an online bachelor’s degree program through Arizona State University.
See also: From barista to college grad: Starbucks pays for higher education
Overall benefits rating: 4.3
What employees rave about: “Benefits, lots of breaks, they treat you like a human being, great place to work. Tuition reimbursement and stock options.”
See also: From barista to college grad: Starbucks pays for higher education
Overall benefits rating: 4.3
What employees rave about: “Benefits, lots of breaks, they treat you like a human being, great place to work. Tuition reimbursement and stock options.”
Swiss Re’s
The insurance company’s “Own the Way You Work” program encourages employees to embrace flexibility with their schedules and work remotely.
Overall benefits rating: 4.3
What employees rave about: “Diverse, supportive, knowledge company, good benefits, encourage horizontal and vertical moves, good global opportunities, professional, canteen food, market leader, own the way you work.”
Overall benefits rating: 4.3
What employees rave about: “Diverse, supportive, knowledge company, good benefits, encourage horizontal and vertical moves, good global opportunities, professional, canteen food, market leader, own the way you work.”
Timberland
The outdoor clothing retailer offer employees up to 40 hours of paid time off per year to volunteer.
Overall benefits rating: 3.7
What employees rave about: “Employees are very community service minded and passionate about the brand heritage and products. Great work environment with lots of perks.”
Overall benefits rating: 3.7
What employees rave about: “Employees are very community service minded and passionate about the brand heritage and products. Great work environment with lots of perks.”
USAA
The financial institution offers a strong 401(k) program with an 8% matching policy
Overall benefits rating: 4.4
What employees rave about: “Excellent culture and environment where they truly care about serving the members and finding new innovative ways every year to make their lives easier. Great benefits, work-life balance, and excellent coworkers to work alongside.”
Overall benefits rating: 4.4
What employees rave about: “Excellent culture and environment where they truly care about serving the members and finding new innovative ways every year to make their lives easier. Great benefits, work-life balance, and excellent coworkers to work alongside.”
Whole Foods Market
The grocer offers a 20% store discount to all employees, including full- and part-time workers.
Overall benefits rating: 3.6
What employees rave about: “They created an environment where you are motivated to work hard and that’s enjoyable. They give great benefits to their employees. The upper management seems to care a lot of their employees.”
Overall benefits rating: 3.6
What employees rave about: “They created an environment where you are motivated to work hard and that’s enjoyable. They give great benefits to their employees. The upper management seems to care a lot of their employees.”
