Table of Contents
It is fully expected for a business to offer you an annual salary in return for your skills in the workplace. It is the main reason why you take up a position of employment, after all. However, there are some other benefits that you can encounter during your time at a company.
Some benefits come as a perk of the job, while others are things that you pick up along the way. There are even some things that a company has to provide you by law.
Things That Working At A Large Company Can Offer Employees
1. Paid Leave
It doesn’t matter how much you love your job; it is always nice to spend some time off to relax. Unfortunately, a two-day weekend doesn’t always cut it. You can’t go on your dream trip abroad in just two days, after all. That is why you will be offered some paid leave, or holiday time, as part of your employment contract.
It wasn’t too long ago when paid leave was only offered by large companies. Nowadays, almost every form of employer should offer this type of leave to employees who are not on a zero-hours contract. However, you’re never guaranteed the time off that you want. You are better off working for a large company if you want that well-earned time off.
The amount of paid leave that you are offered largely depends on the company you work for. You are more likely to encounter paid leave in the form of a number of days instead of weeks, so it is easier for both parties to manage.
2. Sick Days
Your body is not invincible. Odds are that you are going to fall ill at some point during the year. These illnesses could be contagious or prevent you from performing at your best. Either way, it is always wise to not go into your place of work in this state. Most companies understand this, which is why they will offer their employees a certain number of sick days.
This is a legal requirement, and most companies in the UK are forced to offer employees up to seven paid sick days per year. However, employers can extend sick time if they wish. It is up to HR teams to review each situation.
It is only during the last few years that technology like social media and smart technology have started to make a real impact on the world. As such, the modern workplace has had to change a lot to accommodate these new tools. An outdated qualification could leave you in the lurch when it comes to using this new technology, which is why a large company should aim to bring you up to speed with a learning management system.
Fortunately, it is your employer’s job to find out which LMS system is right for you. A responsible company will browse a platform like Kallidus to find the learning program that will bring you up to speed so you can continue to be a valuable member of the company.
4. Life/Health Insurance
The insurance policy that you may receive as part of your employment contract will differ depending on what side of the pond you happen to live in. In the USA, healthcare is not free. That is why most citizens choose to pay into a health insurance policy to cover them in the event of an unexpected illness or accident. Since a lack of hospital treatment could leave a company without one of its best employees, some large companies are happy to pay into a health insurance fund to help their employees should they need it. This insurance money can go toward necessary medical treatment to get key employees back on their feet and at work in no time.
In the UK, citizens have access to the NHS. As such, their medical care is covered by taxes. Instead of health insurance, many working people choose to pay into a life insurance scheme. Life insurance policies pay out should the policyholder die unexpectedly. This money is used to help bereaved families pay their bills in the event the deceased is the only one earning a paycheque. Companies in the UK understand how awful these circumstances can be for employees, which is why they may assist their employees with life insurance payments as a company benefit.
As technology evolves, so too must your willingness to embrace it. Modern times have focused more on bringing portable technology to the workplace. Such technology, like tablets and laptops, allows you to remain productive even when you aren’t in the office.
Of course, the company you work for benefits too if you have these gadgets on your person at all times. Unfortunately, these devices are quite expensive. As such, some employees will struggle to afford the technology they need to properly do their job. As such, a company is more than likely to give you one of these devices if they are so crucial to your job role.
6. Flexible Hours
The working world has always been most productive during the week from the hours of nine to five. This is especially true of the business world. With every major business working within this time frame, it doesn’t leave you with a lot of freedom to do some of the everyday things in life that crop up. For example, it is hard to deposit a cheque into a bank or pick up a prescription from the pharmacy when they close at the same time that you leave work.
Most employers understand that you have some important things in your life that you cannot ignore. This means that you may be offered flexible working hours as part of your contract. Flexible working hours can allow you to move your standard eight-hour workday around so that it works for you. You may have to step out of the office at three to pick up your kids from school but start the workday half an hour earlier, for instance. Alternatively, you may be allowed to clock out for twenty minutes to head to the bank before it closes. So long as you make up the time that you miss, most large companies do not mind you doing things like this if you have been offered flexible working hours.
You aren’t just working to earn cash to get you through the present. It is always nice to have a few years of retirement to look forward to. However, you will need to find a way to pay for your lifestyle during the years when you will not be working. That is why the company you work for may offer you a pension scheme.
A works pension scheme works like a savings plan. Your employer will take a small part of your pay cheque each month and deposit it into your pension scheme. This means that you will have a guaranteed savings fund to withdraw from once you finally retire. However, you will need to opt into a pension scheme before your company can set one up for you.
Working for a large company can demand more from you as an employee. Fortunately, there are some clear benefits you can receive while doing so that can help offset some of this pressure.