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Traditional benefits include health insurance, retirement savings options, life insurance, and paidvacation time. Health Insurance: 40% of respondents to Glassdoor's Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. But employees nowadays want instant gratification.
In April 2015, when the story broke about Gravity Payments CEO Dan Price taking a pay cut to raise his staff's salary to $70,000 a year and reward them for their hard work, the internet was divided. The company also rewards its engaged employees with paid volunteer time (All U.S. Opinions ranged from disbelief to disdain.
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