In years past, companies of all shapes and sizes needed to offer a good employee-benefits program in order to attract the best candidates. This was even true for early-stage startups since many found that such benefits could help them get people to leave jobs at big companies to join their small teams.
But a lot of things have changed over the years, and my feeling today is that early stage startups should not worry about offering employee benefits. If you can afford them, great, offer them. But honestly, how many startups really have the financial means to treat their work forces to catered lunches every day or on-site massages?
Read the rest of this post in Wall Street Journal, which I guest authored this week.
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