It would be interesting if Googlers were presented with this set of options: 1) work from the office with the included perks or 2) work remote and keep the resulting savings to the company as a bonus.
Perks cost a lot less to the employer due to wholesale pricing and the fact that very few employees actually use all of them. Employees opting for the latter option won't get as much as they think.
and taxes. Buy lunch yourself, its on after-tax wages. Employer buys you lunch, it is a tax write off for the employer.
Income tax at the marginal tax rate can reach nearly 40% for some of these workers. So that $10 lunch would require a pay-raise of nearly $17 to break-even.
paxys|4 years ago
cobookman|4 years ago
Income tax at the marginal tax rate can reach nearly 40% for some of these workers. So that $10 lunch would require a pay-raise of nearly $17 to break-even.