> "News flash: you can just buy lunch for yourself at a restaurant using the $400,000 they pay you per year"The magic of free food as a perk is that it's a non-zero value proposition for both employees and the company.
Before I worked at Google, I worked at a software job without free food. We could afford to eat out for lunch every day and we did.
But it meant at least twenty minutes of driving every day. The food was more expensive because it didn't have the same economies of scale as cafeteria style service. It was less healthy because restaurant food tends to go over the top with salt and fat to amp up the flavor and entice people in. There were never any serendipitous conversations with new coworkers because I always went with the same team every time.
Conversely, when I eat at Google now, it's a five minute pleasant walk. There's no wasted time sitting waiting to get served. There are fewer options so I don't get stupid analysis paralysis deciding where to go to lunch or what I want to eat. I eat more salads and smaller meals because I don't feel compelled to get my money's worth. When I travel to other offices, I know I can easily get breakfast and lunch there without having to navigate an unfamiliar city if I don't feel like it.
Meanwhile, the cost of driving to restaurants and eating out each day is quite a bit higher than the total cost of feeding employees in a cafe. So for companies that don't offer this perk, they have to compensate employees enough for them to feed themselves and I suspect that the total comp for that is more expensive than just feedling them.
Free food is my absolute favorite perk at Google, and I treasure it deeply.