NY Gym Subsidy

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popcorn123

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NY Gym Subsidy

Post by popcorn123 » Sat May 01, 2021 3:51 pm

I was wondering if any current NY associates can share anything on NY big firms' gym subsidy policy?
- how much does the firm subsidize?
- net out-of-pocket expense?
- which gym(s)?

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 4:08 pm

popcorn123 wrote:
Sat May 01, 2021 3:51 pm
I was wondering if any current NY associates can share anything on NY big firms' gym subsidy policy?
- how much does the firm subsidize?
- net out-of-pocket expense?
- which gym(s)?
I think it probably varies a lot, but if you know what firm you’re going to, you may be able to call the gym and ask about the corporate rates for your firm’s account. My old firm had rates at New York Sports Club, New York Health and Racquet Club, and Equinox but they weren’t great - for all-access Equinox (instead of just one club), I think I was paying like $200 a month. However, I have friends whose firms fully comp the Equinox closest to their office and then provide a much cheaper rate for all Equinoxes (like $50 a month). The other two places were cheaper than Equinox with my corporate discount (NYSC significantly so, obviously) but I don’t recall the exact rates.

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 4:45 pm

I think Paul Weiss comps all fee for Equinox (all access) but I am not sure

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 5:52 pm

Particularly interested in DPW

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 7:47 pm

White & Case has its own gym which is really fancy

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 8:02 pm

serious question, will a firm with a gym subsidy cover the gym portion of a yale club membership?

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 8:15 pm

Anonymous User wrote:
Sat May 01, 2021 8:02 pm
serious question, will a firm with a gym subsidy cover the gym portion of a yale club membership?
Gibson will, but only if you graduated cum laude or above

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Re: NY Gym Subsidy

Post by Anonymous User » Sat May 01, 2021 8:36 pm

Anonymous User wrote:
Sat May 01, 2021 8:15 pm
Anonymous User wrote:
Sat May 01, 2021 8:02 pm
serious question, will a firm with a gym subsidy cover the gym portion of a yale club membership?
Gibson will, but only if you graduated cum laude or above
Summa will get you a home gym

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Re: NY Gym Subsidy

Post by Anonymous User » Mon May 03, 2021 2:20 pm

Anonymous User wrote:
Sat May 01, 2021 5:52 pm
Particularly interested in DPW
Me too

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Re: NY Gym Subsidy

Post by Anonymous User » Mon May 03, 2021 7:49 pm

Anonymous User wrote:
Mon May 03, 2021 2:20 pm
Anonymous User wrote:
Sat May 01, 2021 5:52 pm
Particularly interested in DPW
Me too
when i was there equinox was 50% off whatever membership level you chose and i believe the initiation fee was waived. nysc was basically pennies after the discount. not sure if any of that has changed since i lateraled.

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Re: NY Gym Subsidy

Post by Anonymous User » Wed May 05, 2021 1:00 pm

I don't know if other firms have done it, but Cleary also allows for reimbursements of $1800 worth of home fitness equipment. People have been getting Pelotons and all those fancy stuff.

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