Signing Bonuses, Pay on Demand and Other Fast-Growing Work Perks Companies Are Offering to Attract New Employees

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With so much competition for workers, companies have to get creative. Some are now offering signing bonuses and pet care, among other perks.

Growth rate: 315%Job postings offering this perk: 14Depending on the level at which you're entering your role, signing bonuses can range from less than $5,000 to more than $50,000 for managers and executives,."Signing bonuses were generously offered to attract talent in 2021," says Buber,"but employers have pulled back in 2022, instead focusing on overall compensation and base pay increases.

In terms of pay on demand,"after the inflation numbers started going up, people wanted to have access to their paychecks before they completed" the two weeks or month it usually takes to earn them, says Buber. Now, some companies are offering workers the chance to get their pay whenever they want"to have access" to it.as an option ― it's one of the first perks companies offer, says Buber.

 

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