By Expert Panel, Young Entrepreneur Council
Q. What is one overrated work perk that companies should avoid offering?
1. Fully paid benefits
Paying 100% of benefits is an overrated work perk. I always think employees should have some skin in the game. Offering plans that are 70 to 90% of the cost is plenty generous and it doesn’t encourage people to sign up if they don’t need benefits. If benefits are free, sometimes people will just sign up, even though they are not using them. —Jennifer Barnes, Optima Office, LLC
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