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Google to give staff 10% raise and $1,000 holiday bonus

By Emil
Nov 10, 2010
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  1. Everyone knows Google is a great place to work, but lately the company has been losing employees to smaller companies that are growing faster, such as Facebook (roughly 1 in 10 Facebook employees are ex-Googlers). The search giant has been known to give huge bonuses and incentives as part of its counteroffers to keep certain employees from leaving, but now it looks like the company is thinking bigger than that. CEO Eric Schmidt has decided to reward all Google employees with a company-wide raise, according to

    Read the whole story
     
  2. buttus

    buttus TS Enthusiast Posts: 180

    Damn. They literally can do "no evil". I hear the perks of working for Google are pretty awesome as well.
     
  3. Demons

    Demons TS Rookie Posts: 53

    I'm sure Google would be an awesome place to work, even without the bonuses. :) Congrats to the employees though!
     
  4. zogo

    zogo TS Rookie Posts: 53

    Google clearly knows how to motivate their employees. With that working conditions every employee will go at work by running :D
     
  5. captainawesome

    captainawesome TS Guru Posts: 428   +44

    wow hey. And I just got a 0.6% (not a typo) annual increase and they just took away my 13th cheque (my Christmas bonus). I'm happy for Google employees though. Hopefully it will resonate across the industry.
     
  6. Archean

    Archean TechSpot Paladin Posts: 5,682   +86

    Nice move to stop or at least slow it; 'people are the most important assets of companies like google', as it is the minimum raise I'm sure more people on more critical position will be getting much higher rise ;)
     
  7. taea00

    taea00 TS Enthusiast Posts: 102

    This is pretty impressive. While I doubt it'll put pressure on any other tech company, this is a great way to say thanks to the employees. $1 billion is an insane amount to spend on perks though.

    I agree with Archean that your employees are your most important assets. Without good employees nothing else matters. I've worked a TON of jobs where the managers and owners don't get that and everyone is miserable so the quality suffers.
     
  8. Leeky

    Leeky TS Evangelist Posts: 3,797   +116

    Not a bad annual pay rise, and you can't snip at the bonus either. I've never had a bonus like that but I've had higher pay rises annually. That was offset by a lower salary to "prove" myself though, but I still had a 40% payrise inside 2.5 years. :haha:

    Now I'm unemployed and fairly skint... And a student... Oh the joys! :D
     
  9. Renrew

    Renrew TS Enthusiast Posts: 253   +19

    WTG Google. Finally some good news amongst the gloom and doom of the current recession. I'm sure the Big Zero will somehow claim it's his idea.
     
  10. frodough

    frodough TS Rookie Posts: 90

    all bosses should be reminded of this: always remember those who helped the company to get to where it is right now and show your thanks
     
  11. AbsolutGaloot

    AbsolutGaloot TS Rookie Posts: 92

    if only all companies treated their employees so well, we probably wouldn't be facing such a terrible recession.
     
  12. sMILEY4ever

    sMILEY4ever TS Booster Posts: 158

    Where would you like to work?
    Google.
    ktxhbye.
    Google has some great perks and such a raise has to be expected.
     
  13. vangrat

    vangrat TS Rookie Posts: 223

    ./wrist

    I want to work for google...dear god would that be nice..*has work envy*

    I love taking surveys at work where they ask me "Do you think that where you work is the most sought after business for someone in your position?".... I seriously have to not laugh every time I see that question. Like they really even need to ask that of someone who works in IT.
     
  14. akannitaoheed

    akannitaoheed TS Rookie Posts: 79

    A tousand dollar bonus, if only you knew what that mwould mean to me. Super FANTASTIC. But all thesam, I prefer to be my own boss and build my own google.
     
  15. KG363

    KG363 TS Guru Posts: 515   +9

    So the rumors of working for google are true
     
  16. Puiu

    Puiu TS Evangelist Posts: 1,902   +528

    Google was always a good employer.
    BTW google makes enough money to actually give a big raise to the entire world ^_^
     
  17. klepto12

    klepto12 TechSpot Paladin Posts: 1,115   +9

    wish i worked at google :( but im getting a 600 dollar bonus :) and i dont work at google.
     
  18. Recipe7

    Recipe7 TS Booster Posts: 143

    10% increase is ALOT. Holy cow, there are some lucky sobs there in Google.
     
  19. tonylukac

    tonylukac TS Evangelist Posts: 1,309   +56

    Nice that they're paying their technical people more which is not how business works lately.
     
  20. uttaradhaka

    uttaradhaka TS Rookie Posts: 53

    Its awesome to work at Google isn't it?

    But, its sad how every good deed of a large company is for the wrong reasons. They're apparently doing this to keep their employees from leaving their jobs for better ones.

    But still, a good deed is a good deed, no matter the reasons I guess

    Lucky lucky google guys..
     
  21. aj_the_kidd

    aj_the_kidd TS Rookie Posts: 555

    A minimum 10% increase with $1000 bonus, where do i send my resume? No bonus for this kid :(
     
  22. omega00

    omega00 TS Enthusiast Posts: 38

    Great working environment, great reputation, great perks, great future... now this? Why can't my employer be more like Google. Great move by Google. In this economy, workers have gradually become more productive but wages for years have been stagnant. Morale among the workforce has been low because most feel like they are stuck in neutral and unappreciated by their employers.
     
  23. fritz123

    fritz123 TS Rookie Posts: 56

    awsome. if i would to choose between facebook and google, i would pick google by a long shot. i dont think facebook will really be used when something new comes along. google still astounds me on how it stays in place a gets better and better every year. the employees do deserve the raise since google is earning more and more
     
  24. JMMD

    JMMD TechSpot Chancellor Posts: 854

    Good for them and awesome for the employees (assuming they we being paid well to being with).
     
  25. poertner_1274

    poertner_1274 secroF laicepS topShceT Posts: 4,172

    Certainly nothing to shake a stick at. But that's what happens when companies are doing well. The problem with today's economy is that companies aren't doing well, and they can't afford to keep their employees, let alone give them a large raise because of the tough economy. At this point I'd just be thankful I still have a job. However, congrats to them for working for the right company.
     

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