Employee engagement
Thomas Paris
January 17, 2020
7 min

Perks, Stipends, and More: 8 Companies With the Best Benefits

Get more tips and tricks on office management when you join our mailing list.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get more tips and tricks on office management when you join our mailing list.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get more tips and tricks on office management when you join our mailing list.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get more tips and tricks on office management when you join our mailing list.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Was this article helpful?

Perks, Stipends, and More: 8 Companies With the Best Benefits

Thomas Paris
September 10, 2020
Perks, Stipends, and More: 8 Companies With the Best Benefits

It’s interesting how the right benefits can make all the difference. When you look at two roles with similar salaries, it’s often the benefits and stipends that seal the deal. Because of this, companies are putting even more focus than ever on benefits. And it’s paying off. 

Some companies invest in offering professional development stipends or tuition reimbursement while others introduce enticing family-friendly support packages. Meanwhile, other organizations provide employee stock purchase plans or other financial perks. 

The benefits you offer can influence the type of people who join your company. When you tailor your benefits around the kind of company you are and the people you want to attract, it’s a winning combination. To gain some real-world insights on what that looks like, let’s review several companies with the best benefits.

Top Ideas From 8 Leading Companies With the Best Benefits

Animated illustration of a duck and person walking

While there are plenty of fantastic companies out there, here are some of our favorite employee benefits superstars. Their perks and stipends feature family-friendly benefits, useful tech, plenty of paid time off (PTO), and an impressive approach to continuing education. Take inspiration from these titans of industry to pivot your own employee benefits programs in an exciting new direction. 

1. Google

It’s not surprising that Google is one of the companies with the best benefits. Not only are employees welcome to bring their dogs to work, but they often get to beta-test products before they hit store shelves. Casual dress is also welcome, and team members have access to plenty of Google tech to help them get their job done.

Tech companies are known for offering attractive benefits packages. While many companies offer new mothers just six weeks of maternity leave, Google offers generous parental leave up to 18 weeks and other thoughtful child care perks. The company also offers incredibly benevolent benefits in the event that an employee passes away. For example, all their stock vests immediately, plus the surviving spouse gets half of the employee's salary for the next 10 years. Also, surviving children receive an additional $1,000 per month benefit.

Even if you don’t have a Google-sized budget (who does?!), you can still create a benefits package that makes a positive impact during life-changing moments such as pregnancy, adoption, kids heading to college, or losing a loved one. 

2. Bank of America

As one of the leading financial institutions in the United States, it’s not too surprising that Bank of America offers an impressive benefits package. There’s a suite of standard perks, including health insurance benefits, life insurance programs, wellness programs, and resources to help lead a healthy lifestyle. Bank of America is also big on employee mental and emotional health, offering 24/7 access to their Employee Assistance Program for those moments when life gets particularly challenging. 

Working for Bank of America comes with some favorable financial perks, too. U.S. employees can receive up to 5% of eligible pay as 401(K) company-matched contributions, with an extra 2-3% in annual contributions from the bank. Employees also have free access to experienced financial counselors who can help with financial planning and retirement. This feature is an excellent example of using your particular industry to create enhanced perks for your employees. 

3. Adobe

Companies with the best benefits: Minion characters dancing at a beach

Employees at Adobe are eligible for a range of perks that enhance their work environment and beyond, all of which are laid out in a user-friendly manual. Popular perks include a 401(k) match, health insurance, and plenty of family-friendly support. For example, the company offers a backup care program, which offers employees up to 100 hours of care for children, adults/elders, and even yourself. This could include funds for an emergency sitter, backup care in-home or at a center, or help at home if you need it after an injury.

One of the top perks at Adobe is its unlimited time-off policy. It might seem that this would lead to people abandoning work and jetting off around the world. But in practice, it means that employees aren’t afraid to take off time when they need it. Having this level of freedom can enhance overall well-being, which in turn can boost company culture and improve employee turnover rate

4. Hubspot

It’s not surprising to hear that software company Hubspot offers excellent employee benefits. After all, they ranked #1 in Glassdoor’s Best Places to Work 2020, as rated by employees. It’s a company that covers many bases with its benefits program, offering popular choices like an Employee Assistance Program, parental benefits, and a stock purchase plan. 

Also included in Hubspot’s collection of perks and stipends is an unlimited vacation policy, flexible work schedules, and a remote work program with all those work from home essentials. Career development is also encouraged, with the equivalent of a $5,000 learning stipend per year, and plenty of resources for aspiring managers. 

Employees can also take a four-week paid sabbatical once they've been with the company for five years. Imagine spending four weeks however your heart desires and getting paid for it. There are also fun company outings on offer — including scavenger hunts and mystery dinners 

5. LinkedIn

Animated illustration of Batman rubbing his chin

Like Hubspot, LinkedIn also gets high marks when it comes to employee ratings. The social media company’s employee benefits offer a lot of room for a positive work-life balance, with wellness perks, donation matching, and generous paid parental leave. 

One of the more unique perks on offer at this Microsoft-owned company is their “InDay” concept. Employees are given a Friday each month to focus on themselves, LinkedIn, or the world around them. This opens up opportunities for creative thinking and innovation, plus it allows employees to consider their impact on the future. 

6. Netflix

There’s a lot to love about working for a media force like Netflix, including the perks. Recognizing that everyone has different wants and needs, employees at Netflix have a $15,000 annual allowance to choose the medical, dental, and vision benefits plan that’s right for them. Some of these options can net you extra earnings each month in the form of cash back. 

Along with customizable health benefits, the company offers a comprehensive range of well-being and behavioral health support. Employees have access to unlimited coaching, free mindfulness resources, and free therapy and counseling. Not every employee will need or want to use these services, but for those who do, it’s a welcome bonus when they need support. 

7. Shopify

Companies with the best benefits: Animation of a woman working from home

Shopify is a major ecommerce company that has a stellar reputation for the way it treats its employees. This Canadian based business is highly focused on purpose, and encourages its teams to adopt an entrepreneurial spirit. 

With the nature of its work being online, it’s no surprise that Shopify positions itself as a digital-first organization. As such, there’s plenty of freedom for remote working and setting up base wherever it suits you best. The company offers an attractive home office allowance — plus access to technical support. 

For those who work in the pet-friendly office, there’s free food and social outings. Shopify also offers tuition reimbursement and an employee stock purchase plan alongside gym memberships and reimbursements.

8. Salesforce

Salesforce offers its employees a host of professional development, well-being, and travel benefits. Employees can get up to $5,250 worth of educational courses and support each year, subject to pre-approval. There’s a commuter benefit program worth up to $270 per month, plus shuttle services and bike amenities for local employees. 

This SaaS giant also matches employee donations to approved charities, meaning donations go even further. If you get the chance to set up a plan like this, it can be a great way to give back to your local community or causes that are close to your heart.

Create a Benefits Program Your Employees Will Love

Companies with the best benefits: Patrick from Sponge Bob Square Pants smiling with hearts around him

Not every company is an Amazon or Google, but that doesn’t mean there isn’t room for an impressive employee benefits package. All it takes is creating something that matches your values. (Sort of like what we’ve done at Hoppier with our $5,000 learning stipend.) 

Take inspiration from the technology and retail companies with the best benefits on this list. Whether you add a lunch program, coffee stipend for remote workers, or a standout well-being plan, you’ll attract the kind of people who are excited to join your company.

If managing multiple employee benefits programs and stipends sounds like a headache, don’t panic. Find out how Hoppier can simplify your fringe benefit management — and offer your employees the perks they want — by booking a demo with us today.

Oops! Something went wrong while submitting the form.
arrow point to CTA

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
arrow point to CTA

Get our best content on culture management
in your inbox 2 times a week

Oops! Something went wrong while submitting the form.
arrow point to CTA

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
arrow point to CTA

Get our best content on culture management
in your inbox 2 times a week

Oops! Something went wrong while submitting the form.
arrow point to CTA

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
arrow point to CTA

Get our best content on culture management
in your inbox 2 times a week

Oops! Something went wrong while submitting the form.
arrow point to CTA

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
arrow point to CTA

Get our best content on culture management
in your inbox 2 times a week

Culture building tips, straight to your inbox.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Related content

Free money start for free

Get started for free

Try out our free plan, no commitment required!

Book a demo