Google is doing good. Though they now have to share the webs dominance with Facebook and the Google stocks have fallen below the 600 dollars again, the company is doing very good financially. Their revenue has been going up for the past few years reaching a highpoint of over 7 billion in the third quarter of this year.
And when Google is doing good, so are its employees. It has been like that ever since Google first started hiring. They always treat their employees right. Until the employee screws up.
Yes, its that time of year again when people at companies start talking about bonuses and raises. And Google is no different. And with Google doing well there might be a raise or two some Googlers can expect. Or a new Nexus. Like the raise four of Google’s executive officers got for 2011. They can expect a raise of no less than 30 percent. The executives can also expect some stock awards worth between 5 and 20 million US dollars. Go Google!
But other Googlers are not to worry, they are not left in the cold. Google is awarding everybody else a 10 percent raise. On top of that raise comes a $1,000 bonus, to be taken home in cash for those living in Silicon Valley.
Not bad huh? Actually the only ones not getting a raise are the Google founders Sergey Brin and Larry Page and the CEO Eric Schmidt. They are staying on their 1 dollar salary. Was it something you said Eric? (more…)