Professional Documents
Culture Documents
I. Executive Summary
As the talent competition grows more intense, more and more businesses are
spending big money on benefits to keep their employees satisfied. The multinational
computer company Google is well known for its creative and comprehensive rewards
packages for its employees. The organization offers special benefits including
complimentary meals, on-site medical services, and wellness initiatives in addition to
the standard offerings. The main focus on employee well-being also includes efforts
to improve mental health, such as mindfulness courses and counseling services.
However, the business requires assistance matching its benefits to the individual
preferences of its employees, which could result in inefficiencies and lower employee
satisfaction. This case study investigates current problems, examines their root
causes, and suggests a planned course of action to maximize Google's benefits and
perks program.
Even though Google is well-known for its amazing employee perks and benefits,
it can be difficult to strike a balance between offering a wide range of incentives and
making sure that employee satisfaction is sustained. Recently, there was a memo that
said Google will no longer offer free snacks, launches, and laundry services. The
issue is that the company needs to make perks and benefits in the long term. Also, the
benefits structure has to be improved to meet the changing demands of a multicultural
and international workforce.
One way to find out if employees are satisfied with their perks or if they would
rather have compensation, benefits, and perks. It is to measure the effect of perks on
employees' likes and dislikes about the existing program using surveys and feedback
and to know what areas need to be improved. Another option is to assess the
cost-benefit of the existing benefits, as this will allow them to determine whether the
program actually motivates and improves the productivity of the employees.
Create a unique benefits package based on the separation of labor. The business
must take into account the various demands of the workforce's various groupings
while maintaining a balance between cost-effectiveness and worker satisfaction. This
could entail providing opportunities for professional growth, wellness initiatives, and
flexible work schedules.