That's reflected in workplace perks. These days, employers are less prone to woo prospective hires with hefty sign-on bonuses, approve remote work when they'd prefer onsite, or offer elaborate workplace perks like gourmet meals or on-site masseuse visits. 'Everyone's very cost-conscious,' said Jaclyn Chen, CEO and co-founder of Benepass, a startup that works with companies to set up perks and benefits plans. In recent quarters, she said, more companies have been adding benefits in areas such as fertility, dependent care and individually selected perks. However, employers are also cutting benefits that they see as underutilized. This might include something like a universal gym membership that only some employees use. In the era of hybrid work, they've also pared down spending for on-site events and opted for more frugal snacks and meal offerings. Back then, startups vyed for talent in a tight labor market by offering higher salaries, flexible schedules, remote work, extensive paid...
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