'Don't Touch My Perks': Companies that Eliminate Them Risk Employee Backlash
Earlier this summer, when employees first learned of a Google plan to upgrade and dramatically raise the price of its day care program, they wept. According to Wharton faculty and compensation experts, that reaction shouldn't come as a big surprise. Trying to eliminate any perk, they say, can cause feelings of betrayal, and even retaliation against the company, on the part of employees. With the current economic slump, more 'de-perking' could be on the way.
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