Google famously treats their employees very well. According to a 2007 study by the Great Place to Work® Institute, Inc. Google offers its employees:
• Up to $8,000/year in tuition reimbursement
• On-site perks include medical and dental facilities, oil change and bike repair, valet parking, free washers and dryers, and free breakfast, lunch and dinner on a daily basis at 11 gourmet restaurants
• Unlimited sick leave
• 27 days of paid time off after one year of employment
• Global Education Leave program enables employees to take a leave of absence to pursue further education for up to 5 years and $150,000 in reimbursement.
• Free shuttles equipped with Wi-Fi from locations around the Bay Area to headquarter offices.
• Classes on a variety of subjects from estate planning and home purchasing to foreign language lessons in French, Spanish, Japanese and Mandarin.
While that may be over the top for most corporations just beginning to consider such a direction, many are making the effort. The British Vodaphone Group has operations in 26 countries. In a scheme called Allshares they distribute shares of company stock to all of its employees. Employees can buy additional share without being taxed, as well. At its Italian operations employees received a free bank account through which they’re able to check and track the activity associated with their shares. Naturally, this has immediate buy-in symbolism. As employees are part owners, they literally have a stake in the company’s success.
Great Place to Work® Institute, Inc.. (2007). Why Google is #1. Retrieved from http://www.greatplacetowork.com/
Vodafone Omnitel, Italy: Make work pay – make work attractive. (2009). Retrieved from http://www.eurofound.europa.eu/areas/qualityofwork/betterjobs/cases/it04vodafone.htm
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