Peloton in New York-based exercise and media company. The main products that are made and sold by Peloton Interactive are internet-connected stationary bicycles and treadmills. Internet connection services enable its monthly subscribers to participate in classes through streaming media. In past decades Peloton has managed to become the largest interactive fitness platform, and its members have become a loyal community of 4.4 million from all around the world. In these streaming platforms, the trainees are provided with world-class instructors to take classes on different fitness and wellness disciplines. Which includes yoga, boot camp, indoor cycling, stretching. Indoor-outdoor running as well as walking and even meditation. The business model of Peloton can be seen in increasing the sales of home held fitness equipment for the fitness freaks. Let’s know Is Peloton a good company to work for.
ADVANTAGES OF WORKING IN PELOTON
Peloton is a good company to work with because it provides its employees with a lot of growth opportunities, personal welfare, professional expertise and many more. The firm tries to tangle technology with design to connect the world through fitness. Good health and fitness empower people to be the best version of themselves in every situation. Some of the advantages are: –
1. Free membership is provided to all its employees. Free membership is provided by the company in all its online fitness programs. Working with this firm does not diminish a person’s chances of personal growth. The company also provides an on-site gym as health is the priority of the company.
2. Increase In integrity and brotherhood among co-ordinate workers. It also organizes team workout sessions to increase coordination and cooperation among the workers.
3. Good scope for innovators. Peloton also fosters creativity and innovation and deliberately hugs new ideas. Innovations are always listened to and adopted. This company suits the best for the innovators.
4. Scope of growth and development. The company is capable of providing its employees with a lot of opportunities for growth and development. It also provides its employees, with product discounts on stationary bicycles and treadmills, free membership and many more.
5. The company also provides an on-site gym as health is the priority of the company. Let’s not forget that, Peloton has become the world’s largest interactive fitness platform operated through the internet. The company also claims to put its users and members first and above all. ItIt is always open to adopting new technology.
6. Safe workplace for women. In the year 2020, Peloton had won the Best Company for Women award, 2020 making it the safest workplace for women. these awards were based on ratings in different fields such as work culture, condition and cooperation of employees, satisfaction level etc. It was found out concluded that the employees at Peloton at very satisfied with their work environment and experiences.
7. Flexible work hours and internet operation. The company allows the trainers to take all their fitness sessions online via internet-connected platforms. It helps the employees to have flexible work hours and have much more hours for themselves.
MOTIVE AND SLOGAN OF THE PELOTON
The motive is to attract all people around the world and encourage them to stay fit. During the covid when people could’nt go out for running and the gyms were closed, the Peloton was putting its sweat and blood. During the lockdown around the world, the stationary exercise of most bikes became a lockdown fitness symbol. One of the most eye-catchy features of Peloton is that the company believes in teamwork that has got the company this far. The vast team of engineers, product makers, trainers and other workers all have supported equally. The company wholeheartedly shares its credits with the workers and gave a slogan that is “Together we go far”. Peloton also fosters creativity and innovation, that deliberately hugs the new ideas.
AWARDS AND HONOURS
One day in June 2021, Peloton was given an Honor of “Best Place to work “. It was determined by an employees feedback survey. It was determined based on salary, timings, work-life balance, extra perks and benefits and many more. In addition to this award, other Honors include Best Operations Team 2021, Best Marketing Team 2021 and most importantly Best Company Outlook 2021. It makes Peloton a good and worthy company to work for.
ISSUE OF BLACK EMPLOYEES
In the past few days, an event took place. The CEO and the president of the company were questioned for the discrimination in salaries of the blacks. This issue was brought to light by the Black@Peloton employee group in a regular zoom meeting. They raised one question in a meet that why were some of the employees are paid less despite their positions and standards. After enquiring, the fact unveiled was that, that many employees have faced this issue. They were paid less as compared to the other employees despite their positions and experiences. Moreover, many former employees claimed that this kind of disparity existed during their tenure too. Many former and current employees and working staff have similar experiences. They all have similar stories of struggle of being paid less despite the market value of their positions, experience and location.
Resolving this issue spokesperson of Peloton came forward and confronted that the company take these constructive comments and feedback seriously and work hard to solve them. After this incident, positive steps were taken by the company to solve this problem. The company also set up meetings with “Black@Peloton”, thus showing the capacity of the company to deal with the issues faced by their employees.
CONCLUSION
Peloton is a good company to work for. It provides its employees with a lot of growth opportunities and with healthcare schedule. Some many perks and benefits are provided by the company that includes flexible work hours, worldwide online interaction, scope to learn new skills and advancement of the older ones the company also helps its customers to motivate them to follow a healthier routine. The sales of Peloton has gone up amidst the pandemic. It became one of the most trusted fitness brand stores. This led to an increase in the recruitments by the company for the post of workers as well as online trainers for yoga, meditation, gym etc. The company has gained much more importance in all these years because of its motive and agenda that is achieved with the help of its ever-increasing loyal community.
