What employee benefits do you get?

[DarkWarrior]

Generally, banks give you:
- medical aid (a certain percentage of subsidy in some)
- vehicle subsidy
- house subsidy

I am curious about other employees or business types, if you don't mind sharing.

 

[Splinter]

Generally, banks give you:
- medical aid (a certain percentage of subsidy in some)
- vehicle subsidy
- house subsidy

I am curious about other employees or business types, if you don't mind sharing.

Say what? Vehicle and house subsidies were nuked by SARS a long time ago.

Medical aid is also basically a 50/50 swap with SARS.

 

[cguy]

Most notably: 401k+matching, health/medical, dental, vision, life insurance - all of these for myself and partner (and kids if we had), access to non-standard investment vehicles.

 

[zerocool2009]

My company pay my medical aid (or rather get that tax benefit).

Within margin travel allowance (under sars radar)

Phone/cell/fiber perk

It aint alot these... but it adds up in time

 

[azbob]

A salary.

 

[Herr der Verboten]

a Salary.

 

[dualmeister]

Cellphone and free coffee.

 

[Neuk_]

Only car insurance technically since everything comes out of my TCTC and is only structured for tax purposes.

 

[Pax]

As employer the most valuable benefits I offer employees are 1. A career, and 2. Experience. Strange no one seem to see that, all think in terms of money as benefits.

 

[RedViking]

As employer the most valuable benefits I offer employees are 1. A career, and 2. Experience. Strange no one seem to see that, all think in terms of money as benefits.

I see, you one of those.

 

[cguy]

As employer the most valuable benefits I offer employees are 1. A career, and 2. Experience. Strange no one seem to see that, all think in terms of money as benefits.

Employee benefits - Wikipedia

en.m.wikipedia.org

 

[Kosmik]

I'd want to say medical aid but it was part of my ctc discussion so it's not really a benefit.

 

[Helsinki]

Medical aid for my wife and I,
401k+ matching,
Employee equity scheme (a bit meh)

 

[krycor]

Outside of CTC, I’ve not seen much in SA

it’s always packed into CTC.. it’s weird and HR persons in SA need to be trained better.. ie you can’t say eg that you do pension matching when you already set offer value but expect the benefit to be part of it. I find this happens at most companies in SA along with the, no we can’t do a sample salary run. Similarly pension/ra/prov forced to be with xyz company or v% is not a benefit.

Similar with medical aid plans.. I’ve seen plans forced where the company has decided on eg full comprehensive or exec.

Group life.. yes you pay for it but that benefit I’ve always seen it being a fraction of what Individual plans cost.

Real benefits I’ve seen over years:

stock options(max of x% salary), loans at z%, study funds (20-25% sal/annum), 13th, 14th

 

[marco79]

My medical aid, RA, life cover, GAP Cover, etc all get deducted from my CTC.

The only thing I get free is a cellphone package subscription. So basically a R550 benefit every month.

 

[cguy]

Medical aid for my wife and I,
401k+ matching,
Employee equity scheme (a bit meh)

What’s wrong with the equity scheme? Private company shares?

 

[Wut]

Some free coffee and the honour of not being homeless.

 

[3WA]

Nothing remarkable, but I am obligated to belong to the company's retirement scheme (which is good and has low fees - I would never have saved the equivalent by myself, so that’s working out), and a limited choice of medical aid plans.

No performance bonuses, but that doesn’t worry me because I don’t perform.

 

[Jaxie]

Travel opportunities to attend local and international courses.

 

[Smugs]

Pension,
Funeral cover,
Medical aid,
Shift allowance.