I remember being absolutely shocked when I visited my brother’s workplace at Google. Free cafeterias with free food (of the highest quality), free swimming pools, arcades and gyms, free health drinks, free transport in and out of work, work in open sunlit and spacious spaces... enviable amounts of free time and lack of supervision (so long as turned in productive work and showed at the few meetings, no one cared about hours). He also said there were free haircuts and lots of subsidized/free health plans.
I asked him and he said that at Apple, Facebook etc this is standard.
Here are some sources on Silicon Valley style benefits:
https://www.investopedia.com/articles/i ... google.asp
https://www.inc.com/business-insider/be ... efits.html
https://www.google.com/amp/s/neilpatel. ... ccess/amp/
I’m very impressed but this has led me to think...
1. Is this approach (we can call it the Silicon Valley System) a profitable or unprofitable strategy in Big Tech? Another way to put it is... does Google/Apple etc experience increased profits from this strategy or do they profit in spite of the costs?
2. To what extent is this viable in other industries? Would it make sense for top law firms, accounting firms, teaching centers, government jobs etc to do this too and to the same extent as Silicon Valley? Should they?