Tuesday, September 3, 2013

The free coffee test, or Lefkowitz’s Law of Corporate Financial Health HT @DMarti

Why is it that removing small perks for employees like free soda tends to lead to an exodus of talent? After all, a can of soda costs what, fifty cents? Maybe a dollar? And yet when management decides to stop bearing that small expense, people have a habit of packing up and leaving, which seems like a big move to make over the price of a can of soda. Jason LEfkowitz has a theory
The financial health of a company can be inferred from the quality, variety and cost to the employee of the snacks and beverages it offers its employees.