Want to know more about Airbnb employee benefits and perks?
Taking a look at what the company offers can help you determine what should be on your menu to attract, engage, and retain top talent. After all, 80% of employees want benefits more than a pay raise. Benefits are unique offerings that set the company apart. They show that your company is focused on improving your employees’ work-life balance and that you care about your workforce.
In Hired’s 2019 Global Brand Health Report (where tech talent ranks the top innovative companies to work for), Airbnb scored the highest Brand Positivity Index. Employee rewards no doubt contributed to this score. So, let’s take a look at Airbnb’s top perks.
One of the most coveted Airbnb employee benefits is a $2000 annual travel stipend. Paid out quarterly, it lets employees stay at any Airbnb listing in the world.
This gives employees the chance to use the product and engage with the host community. Not to mention, it encourages them to make the most of their paid time off!
Airbnb’s healthcare plans include medical, vision, dental, life insurance, and disability benefits. These are covered fully for employees and up to 70% for dependents.
They also offer mental health care through employee assistance programs and online mental health consultations. Besides that, Airbnb offers occupational accident insurance and health savings accounts.
In addition to opportunities to work from home with reduced working and flexible hours, Airbnb offers employees a variety of family leave options.
These include family medical leave and maternity and paternity leave. They give their employees up to 10 weeks of parental leave so that new parents can bond with their newborns. Then they allow a phased return to work for 12 weeks where parents can work 80% of the week while receiving full pay.
Airbnb offers their workforce various career development programs and technical skills training. Perhaps the most beneficial professional development program is the company’s Data University, which serves to increase employees’ data literacy.
All teams, from HR to business development, receive classes in data-informed decision-making. Non-technical employees can join SQL and Superset classes to upskill and become project managers. Intensive Python and machine learning courses help engineers brush up on skills needed for advanced Airbnb projects.
To help employees achieve long-term financial security, Airbnb provides 401k plans and matches a percentage of each person’s contributions.
Employees are also able to take advantage of stock purchase and equity incentive plans.
In addition, Airbnb offers performance bonuses and charitable gift matches. These help keep employees motivated and engaged. Moreover, Airbnb employees are eligible for discounts at various retailers and restaurants.
Part of the Airbnb employee benefits program is three to four weeks of paid-time-off (PTO), including sick days. However, the annual PTO varies based on how long the employee has been with the company.
According to employees, if they have been working for Airbnb for less than one year, they receive a maximum of 20 days paid vacation and sick leave. Those who have been with the company for over two years can receive up to 30 days.
The company also offers allowances for:
Before the Covid pandemic, Airbnb was known for its innovative and creative office workspaces. However, the pandemic disrupted the travel industry to such an extent that Airbnb, like many other companies, had to streamline its global office footprint.
Today, they remain focused on their headquarters in San Francisco. Here, they offer perks that make the working day productive and fun. Such perks include gourmet breakfasts, lunches, and dinners (free, five days a week) with drinks and snacks available around the clock.
Airbnb also offers company-sponsored tech talks, happy hours, access to Apple equipment, on-site fitness classes, gender-neutral bathrooms, and, best of all, a pet-friendly workplace.
Airbnb employee benefits - from personal development to financial rewards - are a key driver in keeping its employment offers competitive. The company’s unique perk offerings ultimately give it an edge in creating an environment that attracts and retains top talent!
If Airbnb can do it, your company can too. By offering your employees perks and benefits that align with your company's culture, you can boost retention and improve job satisfaction. It’s a win-win!