Perks and Benefits Which Companies May Offer in Future
This article discusses perks and benefits, which will be a key factor to attract the best talent to a company. Companies will initiate career programs and find ways to accommodate women with family obligations. Jobs will be sculpted to fit lives and not vice-versa. As more people will be equipped to work from home, companies will attract employees by making the workplace similar to homes with kitchens, nap stations, gaming rooms, media lounges, etc. Companies will give more importance to what their employees achieve rather than focusing on how many hours they work. Employees will be free to work wherever and whenever they want, as long as they complete the work satisfactorily. Companies will be interested in the fitness of their employees and the healthcare benefits given to an employee will vary accordingly. Companies will customize perks and benefits given to an employee according to their performance and their stage in life. Thus the fringe benefits of today could be commonplace tomorrow.
These thoughts are somewhat contrary to the expectancy theory of motivation by Victor Vroom. According to the expectancy theory, an individual is rewarded by the organization based on his/her performance. But as per my opinion, the employee is already rewarded by getting a job sculpted to fit his/her life. The employee also gets a very good workplace and total time flexibility. This author agree with the expectancy theory when it talks about healthcare benefits being given to an employee after the employee makes efforts. The customized benefits given by the company based on the employee's performance are also in sync with expectancy theory.
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