In Tuition Reimbursement Lets Say A Company Is Offering This Benefit And The Employee

What is an employee reimbursement account?

It's an account set up to reimburse employees for company related expenses. Generally outside sales people have these types of accounts so that if they have to use their own money for company purchases while they're on the road, they can recoup their out of pocket money.Let's say for example their company laptop breaks and they have to buy a new one with their own money in order to do their job. They purchase one and than submit the receipt to get that money back or reimbursed to them.

What employee benefits does Symantec offer?

I'll add the other most important benefits are;   1. Bonus (depending on your grade; 5-30% total of salary performance bonus)   2. Employee Stock Purchase Plan: 15% discount off stock purchasable every 6 months with 10% gross salary. Its hard to lose if you sell the stock the same day it converts.   3. RSU's. Free stock awarded every year. You often get additional RSU's each year. For the sake of argument, lets say you get 200 RSU's in year 1, 200 RSU's in year 2, 200 RSU's in year 3.  25% vest each year. So in year 1 50 shares vest. In year 2, 100 shares vest, in year 3; 150 shares vest. Current share price is $24.28. There is some risk with the RSU's because the share price could be higher or lower in a year's time. But it is FREE money whatever the share price.I cannot stress that these 2 perks are VERY valuable. take the example of someone earning $100k, with 15% bonus.Your annual salary maximizing these would be a minimum of;$15k bonus$1.5k ESPP profit (delivered as a lump sum of $5750 every 6 months, which is pretty awesome because you won't have missed the money each month you were contributing, so it actually feels like you get a big bonus every 6 months)Year 1 RSU = 50 * $24.80 = $1240Year 2 RSU = 100 *$24.80 = $2480So assuming you have done your job well, the financial perks mean you've picked up at least another $18k over your base salary.

What companies give compensations to employees that bring quality candidates for internal job offers?

We actually built a list of companies, both self reported and based on public data to answer this question.According to this list (that I worked on) something like 91% US tech companies that are over 25 people have some kind of referral bonus that is paid when someone you refer gets hired successfully.

What are the best employee benefits?

Annual research consistently reveals that medical expenses and worries over not enough money for retirement are the top financial challenges facing US employees today. And attempts at coping with these financial burdens results in 50% of workers suffering from various degrees of stress, with 47% of workers believing that their ability to focus on work had been affected (29% of whom said it affected their overall productivity).So definitely, providing good health care coverage and retirement benefits are key elements in any company's employee benefits packages.Providing Paid Time Off (PTO) in place of vacation and sick leave is also key. PTO lets the employee use their days however they want to without feeling like they are being policed, which also saves the company the time and resources.

What are some benefits that your employer is willing to provide but which you must have negotiated for during the job offer process in order to get?

I think I understood your question differently than the other quoran’s so I will answer it this way:A. Pay. You receive pay for your job but what you need to negotiate is higher than what they offer.B. Vacation. Per employment law the only thing that a company must provide is unemployment insurance. Most companies that are trying to attract high quality employees offer vacation. What a lot of people don’t know is that you can also negotiate for vacation time if the company really wants you but can’t meet your financial requirements. So let’s say they only give 2 weeks a year. You can ask for 3 instead and perhaps to give you the option to call some out.C. Family Time. Most organizations ask that you sick time/pto time in order to handle family affairs. Some organizations you can negotiate the right to handle family affairs on their dime. The ones that do it will generally cap how much time like no more than 2 hours a week a maximum of 4 hours a month but it is something you can negotiate.D. Tuition reimbursement. By law a company can provide you with tuition reimbursement however they are capped out at 5,250 unless they make it part of your total compensation. You can ask an organization to offer that if they can’t make salary. As a side note, this works out better for them from a tax perspective and they can also attach a contractual stipulation that you must work additional years in lieu of looking for a new job.Most of my answers are applicable to California and some are federal law.

Do any of the big Bay Area companies offer their employees any help with buying a home such as down payment assistance, or preferred lending conditions through some partnerships with banks, etc?

Not a chance. Not that I’ve heard of or seen. There’s enough competition already for the limited homes here from IPO millionaires, foreign speculators, and over-leveraged folks like myself. The only folks receiving assistance are those who do not work for tech companies.I mean, the big companies will partner with a credit union to get you a small discount on the retail rate, or $500 toward closing costs. When 2-bedroom 1000 square foot starter homes with cracked foundations are selling for $1.9M, this isn’t really much of a help. Better rates and discounts can be found on the open market.The big companies may help subsidize or completely cover your housing costs if you’re relocated down here temporarily (like an internship or training rotation.)I’m sure the companies want us to all own nice big houses and be happy. But there’s just not enough supply for that to be possible in Silicon Valley. In a typical house hunting weekend, there are maybe five single-family homes for sale in Mountain View, CA. Mountain View is home to Google and is within 20 minutes of Facebook, Apple, Netflix, LinkedIn, etc. Mountain View is a slightly cheaper community than several of its neighbors. Some of its public school districts are good. Houses show on Saturday and Sunday. Offers are due Tuesday. Between 5 and 15 offers will be made. Place goes for $200k-$600k above list with no inspection contingencies. Sometimes an all-cash preemptive offer comes in and is accepted before the open house is done. This competition has driven prices up on average 12% per year since 2011. The housing prices seem to track the local tech company stock prices more than they track the national real estate trends.If the tech companies threw money at this problem, the prices would just go higher. Employees would still have trouble buying homes. Non-tech locals would be further priced out of their communities.If you want housing subsidies, work for the city governments out here. They give 45 year, 0.6% interest rate, $1M+ loans to their execs. (That’s practically a free house.) The cities justify it by saying it helps to attract talent. Those loan terms are what Deanna Santana received when she worked for the city of Sunnyvale for a 3-year stint. She’s the same lady that cost the city of Oakland $600k when she fired a whistleblower. Some talent.