SaaStr · 2015-08-10
· 3950d
Unconventional Employee Perks in Silicon Valley: The Parking Ticket Expense Strategy
Jason Lemkin discusses an unconventional employee perk used in Silicon Valley startups where companies allow employees to expense parking tickets as a cost-efficient benefit. The strategy aims to improve employee productivity and time efficiency by reducing stress around parking regulations in high-density areas like Palo Alto, Mountain View, and San Francisco.
Metrics in this report
Monthly Parking Ticket Allowance
2tickets/month
per employee
Silicon Valley startups