Canadian tech companies are keeping up employee perks in a season of cuts

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Canadian tech companies are keeping up employee perks in a season of cuts
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Canadian companies offer employee perks to retain employees, boost morale after layoffs and attract them back to the office. Read more.

economy puts pressure on firms to cut costs. The larger the company in question, noted Abdo, the greater the cost implication of a pay raise. Compared to the cost of free food, he said, a 10 per cent across-the-board salary hike would be “an insane amount of money for a company that has 500 employees.”Article content

Karyn Xiong, an administrative associate with the company, said flexible work policies make employees feel trusted, adding: “We’ve built a culture where you don’t have to clock in right at 9 a.m. or you’re going to get in trouble. As long as you get your work done, you meet your deadlines, then there’s no questions asked.”Article content

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