Canadian tech companies are keeping up employee perks in a season of cuts

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Canadian tech companies are keeping up employee perks in a season of cuts
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Canadian companies offer employee perks to retain employees, boost morale after layoffs and attract them back to the office. Read more.

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economy puts pressure on firms to cut costs. The larger the company in question, noted Abdo, the greater the cost implication of a pay raise. Compared to the cost of free food, he said, a 10 per cent across-the-board salary hike would be “an insane amount of money for a company that has 500 employees.”Article content

Karyn Xiong, an administrative associate with the company, said flexible work policies make employees feel trusted, adding: “We’ve built a culture where you don’t have to clock in right at 9 a.m. or you’re going to get in trouble. As long as you get your work done, you meet your deadlines, then there’s no questions asked.”Article content

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financialpost /  🏆 7. in DE
 

Because if they cut the perks the employees would realize their wages are shit. Meat heads

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