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by CalRobert 734 days ago
It's weird, in some ways, that we offer benefits. Give people the money and let them use it how they like. When I lived in California I LOVED the parking cash-out law, it meant a few thousand more a year because I rode a bike to work and didn't need a parking spot.

Although, one challenge with things like childcare is that if you applied this on a society-wide level you wind up with childless people having more money, thereby being better able to outbid parents for essentials like housing (this is why a housing scarcity is so insidious). Of course, whether that's a bad thing or not depends on perspective. I have two kids myself and despite living in Europe childcare was so expensive we dropped to one income.

1 comments

Yup, I don't have kids myself, but like that my company offers benefits to parents. It keeps the company more diverse and more enjoyable for me as well in a sense.

> It's weird, in some ways, that we offer benefits.

In some cases it also makes economical sense. It can cost a company $1000 to give you a benefit, but to buy it yourself would cost $2000 (and the difference is even greater if the benefit isn't taxed at the same rate as cash would be).

Or the $200 the company spends on beers for me each year, many would perhaps say that they'd rather have the $200 to spend as they please. But in a sense, I get more value than $200 by getting to know my co-workers better and having a better time every day at work.

Interesting, is this not taxed? In some places this sort of thing is taxed the same as "benefit in kind" or similar.