What's the difference between benefits and perks?
Employee benefits
Benefits offered to employees are an important part of total compensation and have significant. Benefits may include:
| Health insurance | 401K/Retirement accounts and company match |
| Disability/Life insurance | Tuition reimbursement and professional dues |
| Transportation reimbursement or discounts | Vision coverage |
| Stock options/ownership | Dental coverage |
| Pre-taxed flexible spending accounts (daycare or medical costs) | Flexible work arrangements or remote options |
Company “perks”
Employers offer additional value to employees with services and discounts often called perks. These perks increase job satisfaction, retention, and impact company culture.
| Dry cleaning service or discounts | Wellness stipend/coaches/time |
| One-site mail service | Volunteer hour-time-off |
| On-site gym or membership reimbursement | On-site childcare |
| Company product discounts | Relaxed dress code |
| Complementary food or beverages | Professional development dollars |
Receiving an offer, or multiple offers can be extremely exciting, but it can also be stressful. Tippie Graduate Career Services Team looks forward to working with you as you evaluate internship and full-time offers. It is important to weigh a range of factors, determine how they align with your goals, and evaluate how they can set you up for professional success.
Please set up an appointment with your Career Coach to discuss further.