Examples of lifestyle benefits offered by top companies
The list of companies offering flexible and inclusive lifestyle benefits is ever-growing, but here are a handful that stand out as great examples:
Google introduced a $1,000 work from home stipend to help support their employees’ remote work lifestyle during the pandemic (and so have other tech leaders like Facebook. Twitter, Shopify). And that was in addition to the many other lifestyle benefits Google already offered to all of their employees across its many locations, from $500 in “baby bonding bucks” for new parents to massage credits and free fitness classes.
Starbucks has long been known to offer great benefits for its employees, and one example of a lifestyle benefit they offer is a $500-$1,000 tuition reimbursement benefit for their employees.
Employees of Deloitte have the benefit of personalizing what health and wellness means to them through an annual well-being stipend of $500.
Eventbrite supports their employee health lifestyle choices by offering a monthly $60 wellness stipend as a lifestyle benefit, which employees can use on anything from gym dues to juice cleanses. They also introduced a home office stipend after the pandemic.
Takes lifestyle benefits to a new level by leveraging the power of stipends: they have a $1,200 annual wellness benefit (to use on massages or other physical therapy), a $300 annual wellness benefit on top of that, and $100 monthly wellness benefit to put towards gym memberships, classes, etc.
LinkedIn - which knows a thing or two about the workplace - offers some great lifestyle benefits to its U.S. and Canadian employees, which include an annual $5,000 stipend for professional development related to their job and a $1,800 wellness allowance. And in response to the pandemic, they’ve also introduced additional stipends to support working from home.
Great Place to Work
Great Place to Work, a true leader and authority in workplace culture, rolls up all of the possible categories of lifestyle benefits and makes them eligible for their employees in one flexible stipend called CARE4U. With this lifestyle benefit, which works as a flexible perk stipend, their employees have a $5,000 annual stipend to spend on whatever they need across
There are many more examples of companies doing this successfully. If you want to hear what our customers are doing, click here to talk with a Compt lifestyle benefits specialist.