Would you rather have better benefits or more pay at your job?
I can buy my own benefits and look after my own money, but the discount is very thoughtful. Ok no where's my money!
From a societal point of view, I don't know but I'm guessing benefits are both good and bad.
My advice: Always take the benefits. Benefits such as shorter working hours, annual leave, penalty rates (on an employer for asking you to work weekends, holidays, evenings and night shifts) came about by very hard won fights by trade unions set up by workers. In the early days employers fought this tooth-and-nail. Many still resent it, seeing their workers simply as 'numbers' and a 'means to and end' for themselves.
If workers had not banded together to ensure better conditions and the like, most workers in the Western World would STILL be working like those in some of our Third World countries: dawn to dusk, very low wages, no holidays, no workers compensation, not sick leave et cetera.
When you just opt to take the money you're going for very short term gain. Within a few short months, sometimes even weeks or days, the prices of everything around you have gone up and you're back where you were before - having lost the opportunity for a freer way of life: Time in the world outside of the that place of work!
Highly educated & professional people would rather have more pay at their respective jobs. They are of the school & belief that if there is good pay, they can take care of the benefits themselves. On the contrary, less educated, semiprofessional, & non-professional want more benefits on their jobs. They feel that the benefits are always more important than the pay any day.
Just taking one between better benefits or higher payouts is a bit tricky decision. It depends on the overall situation of an employee. There are people who love to work independently without any kind of extra pressure. These kinds of employees can be perfectly happy with more benefits. On the other hand, there are employees who evaluate everything by money. For them higher payout is a much better option.
Better benefits are good in a sense that there are chances of some extra cash too! Better benefits not only include flexible working hours, more days of annual holiday, lesser penalty rates but also cash bonuses! Some organization provide handsome cash bonus which is a good percent of the actual salary. But with higher payout, you just get the extra money per month; nothing more. Your working hours, penalty rates and all the other aspects remain the same. In this regard, better benefits clearly hold an edge.
But if benefits do not include any kind of cash bonus, then higher payouts have a good edge. For me, the proper combination of the two is the best solution for any employee. If you are getting benefits including cash bonuses, then take it. Otherwise higher payouts can be a good alternative.
The final choice will be fully yours depending on your overall situation.
by JON EWALL 7 years ago
Just recently a report came out regarding employment.The report stated that the average pay in the private market was $40.00/hr. and the average pay in the public sector was $70/hr.In the public sector the fringe benefits also are higher.Could it be that in the public sector 50% of the workers are...
by Eugene Hardy 5 years ago
Specifically, you have run out of benefits and you still can not find a job?
by capncrunch 5 months ago
Would you rather pay more taxes or pay fewer taxes?
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Yet another set of rights being restored to Americans. Today, at least, is a good day for rights.http://www.huffingtonpost.com/2012/12/1 … 78021.html
by Jim Hunter 7 years ago
You don't have to wait for the government to mandate it, send in the money now.Trust me, they won't turn it down.
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This was cross-posted on BoingBoing today, but originates on Priceonomics.http://priceonomics.com/who-makes-below … mechanical"....the average hourly “wage” of someone earning money on Mechanical Turk is $1-$5. Roughly half of the Mechanical Turk workforce is American, which means...
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