Top 8 global companies leading the way with employee benefits

Which companies rank highest when it comes to job perks?

In the height of the remote working era, there has been a transformation in employees’ needs at work. What once was deemed a desirable job perk has now become an expectation and new perks are in its place. For example, the concept of flexible working was once a sought-after employee benefit that only a handful of companies were able to offer. But since Covid-19, organisations globally were forced to re-evaluate their working styles and soon began to realise that the concept of remote working was not as daunting as it once seemed, and in many cases, productivity surged.

As we move past the uncertainty around our work structures, we enter a new phase of employee benefits. In our recent blog posts, we discussed some of the best and worst countries for parental and sick leave. But which companies are leading the way when it comes to employee perks?

Here are the top 8 global companies offering the best employee benefits in 2022.

8. Patagonia

In 8th position, sports and outdoor clothing company Patagonia boasts a generous employee benefits scheme. Through its commitment to its employees and healthy work culture, Patagonia has achieved more women in management and greater staff retention than most. Some of its benefits include:

  • Access to on-site childcare
  • Access to bikes, skateboards, and scooters for free
  • Complimentary fitness classes
  • Office café
  • Health care benefits

7. RingCentral

Another company praised by its employees for its great job perks is cloud-based communication company RingCentral. From its range of flexible working options to its health and wellness programmes, RingCentral offers a variety of benefits to encourage a healthy work-life balance.

  • Comprehensive medical, dental, vision, disability and life insurance
  • Health Savings Account (HSA), Flexible Spending Account (FSAs) and Commuter Benefits
  • Flexible PTO
  • Wellness programmes including 1:1 wellness coaching through TaskHuman and meditation guidance through Headspace
  • Pet insurance
  • Employee Assistance Programme (EAP) with counselling sessions available 24/7
  • Employee bonus referral program

6. Adobe

Multinational computer software company Adobe offers an extensive list of benefits for its employees, including personal and family services, learning funds, relocation resources, and discounts. Additionally, employees who have been with the company for five years can take a four-week sabbatical, ten-year veterans can take a five-week sabbatical and every five years after, accrue a six-week sabbatical. Other benefits include:

  • Adoption assistance
  • Volunteering leave
  • Unconscious bias training
  • Health, disability, and life insurance
  • Dental, vision, and mental health benefits
  • Onsite gym
  • Commuter benefits
  • Customised development tracks, mentorship programme, tuition reimbursement, time allotted for learning and online course subscriptions.

5. Netflix

Leading entertainment company and online streaming service Netflix also offers an extraordinary benefits package. Not only does it pay significantly higher than the average salary, but it is also very generous when it comes to PTO and health benefits.

  • Unlimited paid time off
  • Stock option programme
  • Match charity contributions
  • Relocation benefits – Netflix assigns a Talent Mobility team to support employees and their families relocating.
  • 4-8 months of paid parental leave
  • Free lunches
  • Life, health and disability insurance

4. Microsoft

In fourth place is multinational technology company Microsoft with a wide variety of benefits suited to the modern workplace.

  • Adoption assistance
  • Employee stock purchase plan
  • Match charity contributions
  • Health, dental, vision and life insurance
  • On-site fitness classes
  • Pet insurance
  • Tuition reimbursement
  • Housing stipend

3. Hubspot

Hubspot is a CRM software supporting businesses with customer support, sales and marketing. With over 3,300 employees, Hubspot offers excellent benefits. From variations in flexible working to wellbeing initiatives. Some of Hubspot’s best job perks are below:

  • Unlimited holidays
  • Flexible working schedules that fit around other commitments
  • After 5 years working at Hubspot, employees are eligible for a four-week paid sabbatical and a $5000 bonus
  • $5000 per year towards educational courses
  • Fitness reimbursement, nutrition consulting, training on mindfulness and stress management
  • Free healthy snacks
  • Employee stock purchase

2. Facebook

Social networking platform Facebook ranks highly in second place for its employee benefits. With a huge commitment to a healthy work-life balance, the company goes to great lengths to ensure its employees have the resources to thrive at home and in the office. Facebook’s benefits programme focuses on seven key areas – health, family, community, growth, finance, convenience and time away. The most notable perks include:

  • $4000 bonus when an employee has a baby
  • $3000 a year in babysitting expenses
  • Four months of paid time off at any period during a child’s first year after being born
  • Unlimited sick leave
  • Free on-site meals
  • Free dry cleaning

1. Google

At the top of the rankings is multinational technology company Google. Famed for its search engine, online advertising and consumer electronics, Google is known to have an exciting and fun-filled workplace. With great value placed on its company culture, Google has earned a substantial number of awards over the years. In 2021, the company earned 18 awards from technology and data organisation Comparably, including Best Company for Diversity, Best Company Happiness, Best Company Culture and Best Company Perks and Benefits. Google’s employee benefits package includes:

  • Medical, dental and vision insurance
  • Workplace accommodations for physical or mental health concerns
  • Onsite wellness centres
  • Medical advocacy programme for transgender employees
  • Student loan reimbursement
  • Backup childcare
  • Fertility and growing family support
  • Charity donation matching and time off to volunteer
  • Internet reimbursement and company-paid mobile phone
  • Fitness centres, massage programmes, and ergonomic support

Get in touch and learn how Mauve can help you build an employee benefits package for your global workforce.

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