Employee perks. The idea rushed into our vocabulary sometime around the year 2000. The world feared Y2K, it got foosball and laundry service. Since then perks at tech companies have covered all positions on the field, from the practical (catered lunch) to the silly (birthday parties).
Some perks — casual dress, equity — are so common in Silicon Valley that they don’t even seem like perks anymore. We take them for granted.
In your parents’ or grandparents’ day, insurance and sick days were the only perks needed. Even weekends and holidays started out as a wacky and progressive idea. Those days are gone. Today’s employees expect ping pong, pizza Fridays and bring your dog to work policies. Or at least that’s what we’re told.
In reality, many companies are evolving their understanding of what a good employee perk really is. We’ve gone from the early perks of the dot-com bubble (ping pong tables to seem cool and attract press attention) to the perks designed to help keep you sitting on your squishy exercise ball writing code all night. Now, a new kind of perk is emerging, and remote companies are leading the way.