When it comes to employer benefits, what do you think offers the most monetary value (aside from employer-match programs)?
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Employer Benefits
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This is a very broad question and different people will value benefits differently. Aside from the obvious of health and retirement benefits, some that I personally look for and value:
One of my previous employer’s offered a very competitive ESPP. I took full advantage to maximize the benefit but I know so many people that didn’t participate at all.
My time is very valuable to me and there is definitely a monetary value tied to that. Competitive vacation times and flexible working schedules are huge benefits.
Along these same lines, maternity and paternity leave can be a huge benefit. This won’t be relevant for everyone but at my current stage of life, this was as important consideration for me. My current employer offers 6 months of paid maternity leave which was a major influencing factor in my decision to take my current role.
Cell phone stipend. I’ve always had previous employers pay for my cell phone in exchange for me using it for business as well. ($75/mo) My current employer heavily prefers having a separate work phone which I don’t love as much and definitely took into account when I was negotiation compensation.
Tuition reimbursement. If you’re interested in pursuing a degree or educational program, this can be a huge benefit. One of my previous employers paid for half of my MBA which allowed me to graduate debt free.
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Originally posted by crazyliblady View Post
What is RSU?
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Restricted stock units. They are big part of compensation for many people. The higher up you get the more your compensation is RSU. Classic bad example is Amazon. Base salary capped now at $200k? But if you make $500k the rest comes in the form of shares. You have to sell in order to cover taxes at the minimum and if you "sell" to cover it's usually not neough and you end up owning big time.
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