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CNET News Video: Barber, candy shop, bank among deluxe perks at Facebook

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CNET News Video: Barber, candy shop, bank among deluxe perks at Facebook

2:32 /

The typical benefits in Silicon Valley now include massage and five-star food. CNET's Sumi Das visits 1 Hacker Way in Menlo Park to uncover the reason behind Facebook's generous perks.

-This is the campus that Facebook built. With its metropolitan vibe, it's not your typical office park. -Our courtyard is really paying tribute to our roots which come from downtown Palo Alto. So, when you go out there, you're gonna feel kind of an urban feel to it. We have a boulevard running down the center for bicycles and ripsticks. -Like most main streets, it has all the necessities and then some restaurants, a full-fledged bank, an arcade, and a candy shop. Even by Silicon Valley standards where gourmet foods, snack kitchens, and free transportation are common, Facebook offers perks that could inspire workplace envy. -We actually have a 1950's throwback barbershop that does hot shaves. We also have a wood shop here. -The IT vending machine, onsite health center, bike repair shop, and other extras may add to the bottom line, but in the end, it's a smart business decision. -We measure satisfaction, utilization. We also take a look at productivity, time savings. So, if we can't afford someone having to leave work, say, drive to a doctor's appointment, wait, be seen, and have to come back-- -The assumption, of course, is that employees spend any spare time building and improving the social network. -What we offer are perks of convenience. Our purpose is to create white space for our employees so that they can be freed up to focus on what they're most passionate about. -For most companies, employee perks are a smart business decision. It makes sense during boom times. But what happens if a bus comes along? Facebook says it would still offer the benefits. -You know, I think that we're very thoughtful and methodical about how we approach benefits. So, having been through this many times in the Valley, I think that, going into it, we go in a lot more prepared that we don't wanna have to take things away later on. -For a potential hire waiting multiple job offers, that could tip the scales in Facebook's favor. A recent survey by the career site, Glassdoor, found that one out of five workers said office perks were important. -If we look at comp and benefits for Facebook in 2013, on a five-point scale, they rank 4.5 out of 5. That literally blows every other tech company out of the water when we're looking at Google, Apple, Yahoo. -And the perks keep coming. Plans for a new Facebook building designed by world-renowned architect Frank Gehry boast a rooftop garden. And inside? An open layout which lends itself to social networking naturally. In Menlo Park, California, I'm Sumi Das, cnet.com for CBS news.
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