Therefore with the current job market we don’t need to be generous with it.
Related - JPMorgan is opening a new HQ with a big nice gym, and plan to charge employees to use it, lol. Thanks I’ll just leave the building Jamie.
I am sure that a few people will reply to say: If the gym were free, then more people would use it, and the company would benefit from lower healthcare costs. (Specific to the US: Most large corporations are self-insured for healthcare, but use third party providers to administer the programme.) Maybe so, but difficult to prove. If that is true, the company should also provide healthy lunches, etc. The list goes on and on. And Internet randos will have a never ending list of things that a "good company" must do for their employees.
Anyway, I've recruited with JPM a few times in my career, my spouse worked there at one point, and I know friends who have been through. So I like to pick on them as a good example of a company using their brand as an excuse to have bad pay/benefits relative to rest of industry. Good for investors I suppose, but don't work there.
Or, for those who have bought into the utterly toxic mindset that employees are always trying to get as much out of the company as possible for as little work as possible, "if employees like it, it must be a scam on us."