From 1.1 thousand Riot reviews on Glassdoor, when filtered with keywords like “expensive” and “traffic”, 550 reviews mentioned these challenges.
Employees often spend up to 2 hours commuting due to traffic and the challenge of finding affordable housing near the office.
Why Address This Issue?:
Improve employee satisfaction and mental well-being.
Increase retention and reduce the costs of hiring and training new employees.
Boost the company’s appeal to potential recruits, making Riot a trendsetter in employee benefits.
The Proposed Solution – Riot Stay Apartments:
Concept: Employee-discounted apartments located within the Riot campus.
Benefits:
Reduced monthly rent expenses for employees.
Minimized or eradicated commute times.
Fostered a tighter-knit community among employees.
Enhanced work-life balance with immediate access to Riot’s amenities.
Riot Town Amenities:
Existing:
Coffee shop, pantries, and daily snacks.
Courtyards, cafeteria, PC lounge, arcade cabinets, esports arena, sound stages, movie theater, meditation spaces, and gym.
Potential Additions:
Grocery store or convenience store for daily essentials.
Recreational areas like parks or rooftop gardens.
Additional security and concierge services for residents.
Financial Considerations:
Funding: Allocate a portion of Riot’s budget, potentially look into partnerships or sponsors.
Return on Investment: Savings from reduced recruitment and training costs, potential increased employee productivity, and improved company image.
Pricing: Apartments could be priced based on a sliding scale depending on an employee’s tenure or position, ensuring affordability.
Future Possibilities & Expansion:
Riot Entertainment Court:
Expansion of recreational and Building Apartments on the Riot Campus
Problem & Goal:
Problem: High cost of living in LA, long and exhausting commutes, and reduced work-life balance for Riot employees.
Goal: Enhance employee satisfaction, reduce turnover, and create a more holistic working environment by providing affordable housing options.
Evidence of Problem:
collaborative spaces.
Opportunities for events, gatherings, and community building.
Feedback Mechanisms:
Regular surveys to gather feedback from employees residing in Riot Stay Apartments.
Suggestions and improvements box to continually refine the living experience.
Comparative Analysis:
Google and Other Tech Giants: Many major companies are exploring or have implemented similar strategies to aid employees in housing or commute challenges. Riot could set a new standard with its comprehensive approach.
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can you help improving the follwing page and make the next two pages to make this propsal make sense
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