
IBM
International Business Machines Corporation or better known as IBM has cemented its place as one of the frontrunners in the technological world. The American multinational tech giant deals in the production and selling of computer hardware, software, middleware, and provides an array of hosting and consulting services to clients. IBM directs its business operations towards markets delivering higher value and better profit levels. Headquartered in Armonk, New York, the multi-national corporation employs 345,900 employees in its worldwide workforce. Having a large workforce, IBM is certainly committed to taking care of its employees. Employees are provided with an array of benefits and employee discounts. This article provides information about IBM Employee Discount to its workers.
Employee discounts
Generally, the term employee discounts indicate the discounts on the original price which an organization provides to its employees if they purchase the goods and services offered by the organization itself. Employee discounts are one of the primary employee benefits offered by employers to their workers. The provision of employee discounts helps business organizations to reap several benefits. Some of these benefits are discussed below-
- Employee discounts help to motivate the employees and make them feel like an important and valuable part of the organization.
- Employee discounts when suitably placed in the employee benefits package can help the business organization to attract new employees to work for the organization.
- The provision of employee discounts helps the organization to boost its sales as the employees through these discounts can purchase the products or services of the organization at considerably less price. Although sales are made to employees at discounted prices, it helps the organization generate revenue.
- Employee discounts help the organization to make its employees loyal customers of the organization as the employees satisfied with the products or services of the organization are likely to purchase them again.
IBM employee discounts
IBM provides its employees with lucrative employee discounts enabling them to purchase IBM products by paying less money. These discounts provide employees with cost-saving opportunities. The employees working for IBM can avail discounts while purchasing computers from IBM or any other products or services offered. Employees and their family members can get discounts up to 25% on the purchase of personal computers along with free shipping and the provision of extended warranties. Employees are also provided an attractive discount of 23% on mobile networks and a discount of 5% can be availed by an IBM employee while using the service of a rental car. The employee discounts offered by IBM also extend to certain movie theatres, resorts, hotels, and clubs. Moreover, discounts are also offered for after-school services and tutoring programs. These benefits help the employees to save money while purchasing products and services required by them.
IBM has also partnered with Lenovo to provide its workers with special discounts on products and services offered by Lenovo. Employees working for IBM along with their families are eligible for getting discounted prices at Lenovo. The discounted pricing is applicable on Lenovo products such as laptops, desktops, monitor screens, and various computer accessories and devices.
Conclusion
In hindsight, it can be said that the employee benefits package at IBM is quite lucrative. This package contains an array of employee discounts which help the employees to save a considerable chunk of money while purchasing certain goods and services. These discounts motivate the employees to perform better and be proud of the fact that they are part of the IBM workforce. The employee discounts offered also provide a plethora of benefits to IBM. Also, these discounts help the employees save money through discounts and utilize the saved money for other purposes.
Frequently asked questions
Question 1. Does every organization provide similar employee discounts?
Answer 1. Employee discounts are part of the employee benefits package offered by the business organizations to their workforce. These benefits vary from organization to organization. So the employee discounts offered also are not the same in every organization. The magnitude of discounts offered by organizations to their employees is different.
Question 2. Is the cost incurred by business organizations in the provision of employee discounts beneficial for the organization?
Answer 2. Although it may seem like an expense if the employer is providing employee discounts to the workers. But the provision of employee discounts also provides several benefits to the employer. These discounts help to establish the loyalty of the workers to the organization. Also if utilized properly, along with other incentives and benefits, employee discounts can serve as an important tool for the employer to motivate the workforce towards achieving their goals.
Question 3. Is it necessary for the workers to utilize the offered employee discounts?
Answer 3. Employees are not placed under an obligation that they have to use the provided employee discounts necessarily. They are free to use these discounts as and when needed by them.