New Partner. My other partners want to change benefits and perks around to attract more young talent - I need to brainstorm ideas. What great thing does a company offer that makes you want to work there (besides compensation obviously)?

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As a young associate burdened with student loan debt, compensation is really the primary motivation. I’ve always thought that some kind of creative benefit that would help me repay student loans would be attractive, but I’ve never been able to formulate an idea that isn’t just more compensation at the end of the day.

Other things I find attractive: flexibility to work from home, child care benefits, flexible spending accounts, ample vacation time that I’m actually allowed to use, gym memberships.

likeupliftingsmart

Pay in crypto

likesmarthelpful

Billable vacation time, help with student loans, 6mo parental leave, 401k match, mental health coverage, general wellness reimbursement (dietitians, gym, yoga, massage), better health insurance, remote work

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The reason most firms don't match 401(k) for associates is so that they can give really generous benefits to a partners and staff plan without failing nondiscrimination testing. Staff are the only people in biglaw who do not meet the income threshold to be highly compensated, and it costs nothing to push some of their comp into tax advantaged retirement plans. That allows the firm to max out partners' retirement benefits without having to max out everyone's.

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Billable vacation time, actually respecting vacation time, substantial paid maternity/paternity leave, remote work flexibility.

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Generous parental leave for both genders

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Yes please. So important for the advancement of women too, to have men taking that amount of time off and also home to help their partners postpartum.

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Billable admin time, capped at a reasonable amount. Things like client development etc.

likefunny

Please someone at my firm see this post. 😅

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6 months paid parental leave.

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Flexibility to work from home, respectful of my time in terms of requests (I.e. not asking me to run an “urgent” redline for you at 8pm on Saturday night), reasonable hours requirement, good tech

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Billable vacation time 100%

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Where is billable vacation time a thing? Just came back from my first vacation since 2018 and feel like I’m being punished hard for it.

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Europe (some places)

Thanks everyone! If I am successful in getting everyone to agree on these I’ll be sure to come back and let you know - I think as I’ve been driving home respecting people are more thank working robots is key to attracting talent. Not super cool pancake bars (but I admit I love food). :)

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Mental health programs/benefits, leadership and development coaching sessions

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Billable credit for organizing diversity programming

likefunny

401k match, WFH flexibility, and respecting vacation/OOO time!

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Sounds silly but pet insurance-creates a culture of caring within the firm.

likesmart

Tess us W he zews i

Summer Fridays (office closes at 2-3pm, people come in at 8am

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Yeah this really only helps staff because everyone else has billable requirements

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Free parking. 401k match. Comped meals if you work late. Genuine interest in career development and mentoring that lasts after the summer program ends.

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Remote flexibility, backup dependent care, Milk stork (company that ships your breast milk when traveling), 401k match, generous vacation policy with a culture that actually allows you to use it.

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Agree with all the above suggestions (billable vacation time, 401k match, & wfh flexibility!) but if you’re looking for smaller in-office perks, don’t forget a fully stocked snack room ;)

likesmart

Keg in the office, if we’re expected to be there.

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WORK FREE VACATIONS (or at least as minimal work as is absolutly possible), like no expectation to work/check email on vacation with an understanding that if something is absolutly needed the person will get a call. Also, billable vacation time.

likesmart

Remote work, Billable vacation time, set amount of PTO that I can take when I want

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