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We've all heard of Facebook and Google providing limitless perks for their employees — from nap pods to egg freezing coverage, these two tech giants know that happier employees lead to more success.

However, other companies are catching up now. Millennials don't just want to work at prestigious jobs anymore — they want to know that their mental and physical health are going to be protected.

Here are the top ten companies that young people are flocking to:

10. Indeed

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Founded by Paul Forster and Rony Kahan in 2004, Indeed labels itself as the "#1 job site worldwide." The company has had a 58% growth from last year and is now ranked 40 on Paysa's CompanyRank list.

The company's main perk is unlimited paid time-off. A stocked kitchen, a free gym and amazing health insurance are other benefits of the job.

9. Credit Karma

Despite the cheesy ads you've seen on TV, Credit Karma is a legitimate financial management platform headed by CEO Ken Lin. The company has had a 61% increase from last year and is ranked 36.

Credit Karma offers all kinds of benefits like on-site yoga and wellness, an on-site coffee bar, video games and generous PTO.

8. HomeAway.com

In competition with AirBnB, HomeAway.com is an online home rental website that has had a 62% increase and is ranked 62.

Perks include stand up desks, a highly competitive salary and a free vacation rental.

7. Hulu

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Hulu was founded in 2007 and has quickly become one of the most popular subscription video services. Its company ranking is 98 and has had a 65% increase from last year.

Hulu splurges on their employees — unlimited PTO and vacation, on-site cooking classes and free massages in the office mark some of their unique benefits.

6. Snap Inc.

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Snap Inc. is the company behind Snapchat, founded in 2011 by Bobby Murphy and CEO Evan Spiegel. It's ranked four and has had a 78% increase from 2016.

Some key Snap Inc. perks include a monthly phone bill stipend, gym and meal programs and an extensive list of insurances.

5. Jet

Jet is an ecommerce company founded by CEO Marc Lore. It's ranked 100 on Paysa along with having a 79% increase from last year.

Jet takes care of its employees by providing standing desks, a stocked kitchen, relaxation rooms and health insurance from day one.

4. Magic Leap

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Magic Leap, a developer of augmented and virtual reality technology, was founded in 2010 by CEO Rony Abovitz. The company's ranked 68 and increased 81%.

Magic Leap is still working out the kinks in their benefits, but they provide paid holidays, decent maternity and paternity leave and company lunches.

3. Spotify

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Spotify is a music streaming service ranked 22 on Paysa's list. It's had the third biggest increase from 2016 at 82%.

Spotify gives its employees six months of maternity and paternity leave including adoption, rooftop terraces and 100% company paid health insurance.

2. Twitch

A favorite of numerous YouTubers, Twitch is a live video streaming platform founded by CEO Emmett Shear in 2011. The company ranks 20 and increased 84%.

Twitch benefits include on-site massages, catered meals and multiple gaming rooms. The company values its employees and provides lots of free events and food.

1. Slack

With the most growth since last year — 95% — Slack ranks at 21 on Paysa's list. Slack is a software company founded in 2009 that mainly puts out collaboration and productivity tools.

Company benefits takes care of the little things — employees have stipends for commuting, flights, phone bills and gym memberships. Slack also provides quality life and health insurance along with encouragement to pursue continuing education.


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The Federal Reserve sets the guardrails for the federal funds rate, and through that helps control the money supply for the nation.

When you take out a loan for a car, charge something to your credit card, or get a personal line of credit, there is going to be an interest rate that applies to your loan.

A lot of different factors go into what you will be charged, including your own personal credit score. But even those with flawless credit still see a minimum charge that they can't get around. That all goes back to the Federal Funds Rate.

One thing consumers rarely realize is that all of our banks are lending money to each other every night. Banks are legally required to maintain a certain percentage of their deposits in non-interest-bearing accounts at the Federal Reserve to ensure they have enough money to cover any withdrawals that may unexpectedly come up. However, deposits can fluctuate and it's very common for some banks to exceed the requirement on certain days while some fall short. In cases like this, banks actually lend each other money to ensure they meet the minimum balance. It's a bit hard to imagine these multibillion-dollar financial institutions needing to borrow money to tide them over for a bit, but it happens every single night at the Federal Reserve. It's also a nice deal for those with balances above the reserve balance requirement to earn a bit of money with cash that would normally just be sitting there.

The Federal Reserve The Federal Reserve


The exact interest rate the banks will charge each other is a matter of negotiation between them, but the Federal Open Market Committee (FOMC) (the arm of the Federal Reserve that sets monetary policy) meets eight times a year to set a target rate. They evaluate a multitude of economic indicators including unemployment, inflation, and consumer confidence to decide the best rate to keep the country in business. The weighted average of all interest rates across these interbank loans is the effective federal funds rate.

This rate has a huge impact on the economy overall as well as your personal finances. The federal funds rate is essentially the cheapest money available to a bank and that feeds into all of the other loans they make. Banks will add a slight upcharge to the rate set by the Fed to determine what is the lowest interest that they will announce for their most creditworthy customers, also known as the prime rate. If you have a variable interest rate loan (very common with credit cards and some student loans), it's likely that the interest rate you pay is a set percentage on top of that prime rate that your lender is paying. That's why in times of low interest rates (it was set at 0% during the Great Recession), a lot of borrowers should go for fixed interest rate loans that won't increase. However, if the federal funds rate was relatively high (it went up to 20% in the early 1980's), a variable interest rate loan may be a better decision as you would be charged less interest should the rate drop without the need to refinance.

The federal funds rate also has a major impact on your investment portfolio. The stock market reacts very strongly to any changes in interest rates from the Federal Reserve, as a lower rate makes it cheaper for companies to borrow and reinvest while a higher rate may restrict capital and slow short-term growth. If you have a significant portion of your investments in equities, a small change in the federal funds rate can have a large impact on your net worth.

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