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man holding gift Corporate vs. Solo Perks: Who Benefits More?

by Terri Lonier, founder of WorkingSolo.com

A leading business magazine* recently published a list of perks that companies are using to keep their best and brightest employees from jumping ship. As I read their list, I started to compare how life as a soloist stacks up with these corporate benefits. See what you think…

1. Onsite day care
This ranks #1 on the corporate perk list, and of course, millions of women and men who are home-based soloists also enjoy this benefit – only they can visit their child and caregiver right down the hall (or even in the corner of their office, if they’re truly multi-tasking).
Advantage: +1 soloists

 

2. Onsite pets
Pets are great company, no matter where you work. Plus, they keep you honest about exercise. But home-based soloists have an advantage: when dogs bark while you’re on the phone, they make your clients extremely jealous that you get to work at home.
Advantage: +1 soloists

3. Onsite gourmet meals
This, of course, depends upon how good a cook you are. But soloists get the added benefit of choosing their own menu, and eating whatever and whenever they’d like. The downside: they also have to do the clean-up.
Advantage: Even

4. Onsite fitness center
Soloists have the big advantage of working (and working out) at home, so they never have to worry about just-got-out-of-bed hair or spending a half hour prepping to go to the gym. Exercise can happen at any time of the day, and if you end up staying in your workout clothes for hours afterwards, only the UPS or FedEx carrier will really care.[ Benefits of where it can work best into your daily schedule. Using extra time, even it's only 15 minutes a day]
Advantage: +1 soloists

5. Subsidized vacations for all employees.
Well, soloists do get subsidized vacations – only we’re doing the subsidizing. I admit, this point goes to the W-2 folks who have someone else pick up the tab.
Advantage: +1 corporate workers

 

6. Incentives for buying a hybrid car.
Yes, some companies offer financial incentives to employees who purchase hybrid and fuel-efficient vehicles. But it’s home-based workers who are greener – because our commute is a 10-second walk, we’re not burning up the fossil fuel to begin with. [We're burning up our own fuel instead -- calories instead of the planet. Self-sufficiency]
Advantage: +1 soloists

7. Tuition reimbursement.
Many corporations will pay for business courses taken by their employees, since they understand that the investment pays off in the long run. Soloists understand this investment in professional development, too. And while the fees come our of our own budget, they are tax-deductible – and we get to have complete control over in choosing professional development opportunities. A business seminar in the Bahamas in January may raise corporate eyebrows, but soloists are packing their bags.
Advantage: Even

8. Concierge service to run errands.
Many companies understand that a concierge service translates into better ROI, since it keeps their top employees focused and working rather than attending to personal needs. For soloists, this service is usually called a spouse or child. And if you want to pay them, it’s tax-deductible.
Advantage: Even

9. Sleep breaks at work.
Sleep breaks? Hello. How about the flexibility to control your entire day? Sure, if you’re a soloist and sleep the day away, your business will evaporate pretty quickly. But it’s satisfying to know we could snooze at any time…if we really wanted to. [a 15-minute nap can make you more alert, and soloists can take advantage of this.]
Advantage: +1 soloists

Final Tally
The next time a W-2 colleague rambles on about all the perks he gets from working at MegaCompany, Inc., consider the list above. It’s no wonder that some of the brightest workers on the planet are striking out on their own. Even that most golden perk of all – health insurance – is not enough to curtail the swelling ranks of the self-employed.

* The original list appeared in the Business 2.0 supplement in the December 11, 2006 issue of Fortune magazine.         

  




Copyright 2007 Terri Lonier. All rights reserved.
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