Phil Hauck's TEC Blog

Monday, May 16, 2011

On the Value of Employee Benefits

"95% of my company assets drive out the front gate every night," says SAS CEO Jim Goodnight. "My job is to bring them back the next morning."
That's why his company, located in the Research Triangle in North Carolina, has lots of perks for its employees, so useful that the ratio of applicants to open positions for "white collar" jobs is 70-1. Many of the benefits acknowledge that if employees work hard all day, they don't have a chance to fulfill normal daily chores ... so it brings fulfillment of those chores to the workplace .. things like day care, barbers, massages, dry cleaning, and personal banking.

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