10 Corporate Perks for 2020


People who work in the corporate world can enjoy a number of benefits as more companies seek to be competitive in the kinds of workplaces they offer. When you are considering any kind of corporate job, here are 10 particular kinds of corporate perks that you should be considering: 


  1. Sick Days – Employees who are under the weather can feel compelled to fight through their conditions even though their conditions require significant rest and time away from work. It is important for companies to provide employees with enough sick days that they can take certain days off and also help prevent possibly contagious diseases from affecting other workers.  


  1. Paid Time Off (PTO) – PTO can be a valuable reward to employees who have made major contributions to a company but are in need of some time to recharge. PTO could also be unlimited with certain employers, and unlimited PTO is obviously preferable to PTO that is limited.


  1. Health Insurance – Make no mistake, health insurance is an important benefit to a number of workers, especially those who regularly see doctors and have medical bills that could involve very high deductibles. You should review a company’s health care plan to understand exactly how much of your health care will be covered by the company’s plan.


  1. Maternity and Paternity Leave – A significant number of employees are married and intend to start families, but concerns about whether time off will be granted for the birth of a child is an understandable concern. You will want to know whether a company will be willing to pay you for any time off you need for the birth of a child or time spent with a newborn.


  1. Telecommuting – Not all workers need to be in a home office, and some people are far better served working from home. Telecommuting allows companies to hire workers in often distant locations and have them still make meaningful contributions. Remote work will let workers take on responsibilities with a company that can be performed from home or another office. Telecommute positions can be particularly common for certain roles in which companies may not need full-time workers but still require some work to be performed.


  1. Daycare – In addition to maternity and paternity leave, another common concern for new parents can be caring for the child as they grow up. Daycare can be a very costly expense for young families, so any company that offers daycare can take a significant load off of a worker’s shoulders. When an employer offers daycare to an employee, they merely bring their child with them to work and have daycare providers care for the child.


  1. Incentive Travel – A company could give an employee the opportunity to travel and also be rewarded for visiting certain preferred locations. The travel is often arranged by a company, so a worker does not have to deal with making any arrangements. Incentive travel can be a very good motivational tool that creates a chance for workers to visit places they may not have visited on their own.


  1. Discounts – When you work for any company, you hope that you might be able to have greater access to some of its products and possibly have the chance to obtain services at discounted rates. Multiple companies will offers some kind of discounts to their workers, and you should not be afraid to ask what kinds of discounts could be afforded to you if you were hired.


  1. Group Outings – Few things create a sense of camaraderie among co-workers quite like company events that are designed to get employees out of the office and enjoy a group outing. Whereas employees can often be left on their own to orchestrate and arrange their own outings, companies that take the lead in these types of events can often help foster a more cohesive work environment. Group outings can also be arranged at a number of different kinds of locations that also allow employees to partake in certain functions they would not have otherwise visited on their own.


  1. Compensation – At the end of the day, the thing that is often a driving factor in most employment decisions remains the rate of pay. In addition to the base rate that a job will pay, workers will also want to consider additional corporate perks such as 401(k) and individual retirement accounts (IRAs). Compensation is often ranked by employees as being the most important factor in any job offering, so this area will typically carry greater importance than most other perks.


The 10 items listed above are by no means the exclusive list of perks that people should be considering when looking for a job in the corporate world. For example, some people may be more concerned with how flexible hours can be, as not all workers are accustomed to the typical 9 to 5 schedule.


All incentives have a profound effect on the relationship between an employee and their employer. These kinds of benefits can often make employees value their employment more and be more committed to being the best workers possible, whereas the absence of such perks can lead to employees being dissatisfied, not putting forth their best effort, and possibly looking for employment elsewhere.