Are you preparing your venture to compete with the world’s largest telecommunications companies? In that case, you may wish to investigate the perks AT&T offers to attract and retain its most valuable employees.
So, what can we learn from AT&T’s treatment of its employees?
Six AT&T Benefits That Attract Employee
1- Great Employee Discounts
People enjoy receiving incredible Discounts. AT&T offers its employees discounts on wireless services and products ranging from 25% to 50%. These benefits include discounts on some of the newest mobile phones available on the market.
Employees receive discounted DirectTV, Wi-Fi, and fiber internet, as well as electronics and gym memberships. Additionally, eligible employees receive a 50% discount on their monthly phone bill and discounts on live events, movies, and theme park tickets.
AT&T refers to this initiative as the Active Employee Discount program, and it is without question one of the company’s most valuable employee benefits.
2- Employee Education
The telecommunications industry is fast-paced and tightly linked. The industry faces new technologies, updates, and engineering challenges every few months. AT&T offers excellent in-house training and educational programs to maintain its employees at the top of their field.
Engineers have the opportunity to attend conferences to learn about new technologies. AT&T also promotes an open work environment in which engineers can collaborate with individuals from other departments, such as Search, Traffic, and Advertising, to gain new insights and acquire essential skills.
3- Comprehensive Pension Savings Program
AT&T offers some of the most comprehensive retirement savings plans we’ve seen to its employees. There are various retirement plans available for employees, including profit-sharing and union-endorsed Bargained Cash Balance plans.
There are a variety of programs, ranging from craft to sales and management, to assist employees plan for their retirement.
4- Well-deserved Breaks
Paid time off was cited by employees as one of the most significant perks of working for AT&T. Comparatively, more than 30% of respondents ranked it as the leading corporate advantage.
AT&T typically provides between 20 and 30 days of paid leave per year, contingent upon the employee’s position. This time off is substantially greater than the industry average of 10 to 20 days of paid vacation.
5- Open Office Culture
AT&T was inducted into the DiversityInc Hall of Fame in the year 2020. AT&T received an award for its inclusive and diverse corporate culture at this prestigious event.
AT&T’s culture is open, inclusive, and supportive of diversity. AT&T aims to make the workplace safe and welcoming for all employees, regardless of their origin, ethnicity, sexual orientation, or gender identity.
The company also provides employees with access to a number of support organizations, including Women of AT&T, which promotes equality, and League at AT&T, which aims to make the workplace a welcoming environment for its LGBTQ+ employees.
6- Consistent Wage Growth
Consistent compensation increases are yet another of AT&T’s most coveted employee benefits. Every six to twelve months, dependent on the position, fixed raises are granted.
Since the rise is fixed and recurring, employees need not be concerned about what the following year may bring. This tranquility contributes significantly to the development of a healthy corporate culture.
Consistent, planned increases retain talent in-house. Frequently, employees quit solely because they desire a higher salary. Retaining employees through consistent wage increases eliminates the need to recruit and train new workers.
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