In today’s competitive job market, your salary isn’t the only thing you should be fighting for. What perks are you leaving on the table that could make your work life easier and your wallet a little fuller?
1. Flexible Work Hours
In the post-pandemic era, flexible work schedules have become a top priority for many workers. According to a 2023 survey by FlexJobs, 97% of workers said they wanted some form of flexibility, so don’t be afraid to negotiate for the ability to adjust your hours.
2. Remote Work Options
With remote work now the norm for many industries, this is a perk you should negotiate, not just assume. A Gallup poll in 2023 revealed that 56% of full-time workers want to remain remote, at least part-time, so securing this benefit is a must if work-life balance is a priority.
3. Professional Development Opportunities
Companies that invest in their employees’ growth are investing in their own future. Ask about access to courses, certifications, or even tuition reimbursement, which can help you advance your career while benefiting your employer.
4. Wellness Programs
With workplace stress on the rise, wellness programs are a perk that more companies are offering. Whether it’s gym memberships, meditation apps, or mental health support, these programs can improve your quality of life—and save you money.
5. Paid Family Leave
The U.S. lags behind many other countries in paid family leave, but more companies are stepping up. In 2023, companies like Netflix and Microsoft extended their family leave policies, so make sure to negotiate for this vital benefit if it’s not already included.
6. Childcare Assistance
For working parents, childcare costs can be staggering. Negotiating for childcare benefits, whether it’s on-site daycare, subsidies, or flexible spending accounts, can save you thousands and give you peace of mind while on the job.
7. Student Loan Repayment Assistance
Student loan debt continues to be a heavy burden for many Americans, but some companies are offering to help pay it off. In 2023, the Society for Human Resource Management reported that 8% of employers provided student loan repayment programs—make sure your employer is one of them.
8. Extra Vacation Days
When salary increases aren’t an option, additional paid time off can be a valuable alternative. Negotiating for more vacation days gives you more time to recharge, which benefits both you and your employer in the long run.
9. Commuter Benefits
With rising gas prices and public transportation costs, commuting can be a significant expense. Negotiate for commuter benefits, such as pre-tax transportation passes or parking allowances, to ease the financial burden of getting to work.
10. Performance Bonuses
Don’t settle for just a base salary—negotiate for performance bonuses tied to individual or company achievements. This not only motivates you to excel but also provides an opportunity to significantly boost your earnings.
11. Health Savings Account (HSA) Contributions
If your company offers a high-deductible health plan, negotiate for employer contributions to your HSA. This is essentially free money that can be used for medical expenses now or saved for future healthcare needs.
12. Technology Stipends
With more employees working remotely, having the right tech is crucial. Negotiate for a technology stipend to cover expenses like laptops, home office equipment, or even internet costs, ensuring you’re set up for success without dipping into your own pocket.
13. Paid Volunteer Time
Giving back to the community doesn’t have to come out of your personal time. Companies like Salesforce offer paid volunteer days, so if social responsibility is important to you, ask your employer to support your efforts with paid time off to volunteer.
14. Equity Or Stock Options
For startups and tech companies, stock options or equity stakes can be a significant part of your compensation package. Negotiating for equity can align your interests with the company’s long-term success and potentially lead to substantial financial rewards.
15. Sabbaticals
More companies are offering sabbaticals to employees who have been with the company for several years. If you’re looking for a break to travel, study, or recharge, negotiating for a sabbatical could be an attractive perk to work toward.
16. Relocation Assistance
If your job requires you to move, make sure your employer is covering the costs. Relocation packages can include everything from moving expenses to temporary housing, saving you from a significant financial outlay.
17. Pet Insurance
As more Americans consider their pets as family members, pet insurance is becoming a sought-after benefit. Companies like Amazon and Microsoft now offer pet insurance as part of their perks package, so if you’re a pet owner, don’t overlook this when negotiating.
18. Retirement Plan Matching
Maximizing your retirement contributions is one of the smartest financial moves you can make. Negotiate for a higher employer match to your 401(k) or other retirement plans to ensure you’re getting the most out of this critical benefit.
Now Is The Time To Ask
The job market is competitive, and employers know that offering more than just a paycheck is crucial to attracting and retaining top talent. Don’t be afraid to negotiate for perks that can improve your quality of life—your future self will thank you.
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Featured Image Credit: Shutterstock / Branislav Nenin.
The content of this article is for informational purposes only and does not constitute or replace professional financial advice.
The images used are for illustrative purposes only and may not represent the actual people or places mentioned in the article.
For transparency, this content was partly developed with AI assistance and carefully curated by an experienced editor to be informative and ensure accuracy.
