The Worst Perk at Google
coveragecat.com
The Worst Perk at Google
1–10 of 74 posts
Re: The Worst Perk at Google
#2The perk also includes: 10 years of salary to your spouse, and monies also for your children. Googlers typically aren't going to microptimize expenses this small.
Re: The Worst Perk at Google
#3Life insurance is actually surprisingly common a perk; I remember even Stripe had it! I guess it's nice to know that your employees' family will be well provided for regardless of their original financial situation.
Maybe this is a healthy dose of paternalism? I feel like there would be more people who regret not buying life insurance in this case than people who regretted the minimal $250 outlay
Re: The Worst Perk at Google
#4these benefits need to stop being tied to employers.
Re: The Worst Perk at Google
#5Life insurance is actually surprisingly common a perk; I remember even Stripe had it! I guess it's nice to know that your employees' family will be well provided for regardless of their original financial situation. Maybe this is a healthy dose of paternalism? I feel like there would be more people who regret not buying life insurance in this case than people who regretted the minimal $250 outlay
Let's be real, it isn't a perk, it is a marketable asset for insurance companies to make more money.
A lot of dental insurance falls under a similar category. It is often more expensive to pay for the insurance than it is to pay out of pocket. But then you wonder about what happens if something really bad occurs? Well, a lot of the dental insurance policies (especially for smaller companies) have yearly maximum limits. You're still paying out of pocket.
Re: The Worst Perk at Google
#6The perk also includes: 10 years of salary to your spouse, and monies also for your children. Googlers typically aren't going to microptimize expenses this small.
From my anecdotal experience with a few Googlers: many will micro-optimize expenses this small. I think (hope) they enjoy it.
Re: The Worst Perk at Google
#7these benefits need to stop being tied to employers.
I read somewhere this is all tied to some arcane reasoning from the depression era. Does anyone know it's history?
Re: The Worst Perk at Google
#8The perk also includes: 10 years of salary to your spouse, and monies also for your children. Googlers typically aren't going to microptimize expenses this small.
From my anecdotal experience with a few Googlers: many will micro-optimize expenses this small. I think (hope) they enjoy it.
I think a lot of Googlers can't even count this low.
Re: The Worst Perk at Google
#9The perk also includes: 10 years of salary to your spouse, and monies also for your children. Googlers typically aren't going to microptimize expenses this small.
I think this is the real perk -- I remember in ~2008 that sadly, a googler's family had to take advantage of this when they passed. It stood out as the company really taking care of the team. I have no clue if they still do this today but it was certainly a wow moment.
Re: The Worst Perk at Google
#10The perk also includes: 10 years of salary to your spouse, and monies also for your children. Googlers typically aren't going to microptimize expenses this small.
Don't forget instant vesting of all unvested equity. That one is huge.