Meta is bolstering perks like happy hours and company swag as it pushes staff to return to office, despite its ‘year of efficiency’::The company has revived a number of employee perks, according to Bloomberg, including branded t-shirts, laundry services, and free haircuts.
Why not simply increase basic pay? The younglings no longer want these “”“”“”“”“”“”““perks””“”“”“”“”“”" because they know it comes with many caveats.
They have increased the pay, that’s how they attract talent. I know some people from school who went on to work FAANG jobs and they make 3x the median for our industry where we’re all from. Sure we all deserve more money, but it’s not like it isn’t a desirable place to work for most people in the industry.
They can’t. Workers at Meta were paid well and then they got to work from home. There isn’t any amount of money that will make those workers want to give up their new work life balance. Perks is the only option.
Google had it right back in the day. Free shuttle rides to work. Onsite massages, dry cleaning, free cafeterias, etc. if you make it so people don’t have to do those things when they get home, they will work longer. It still doesn’t compare to wfh but it was close.