Thursday, November 11, 2010

Google Employees' Salaries Increase 10% Next Year

Google shows that they know how to make employees feel special: Around 23,300 employees raised their salaries by 10 percent starting next year. Internet giants of the world is also changing its employees an annual bonus with regular pay check. This notice posted to all employees through an internal memo sent by the CEO of Google, Eric Schmidt. Bonuses were also not included in the salary increase of 10 percent.

This is a step 'indulgence employees' the umpteenth. Google has long been known to feed its employees for free and pamper them with additional bonuses that are categorized as a luxury for most employees in general. However, the company began to attract a bonus, the bonus in late 2008 and early 2009 to have to terminate the employment of several hundred employees, so the company can continue to run in times of recession the U.S. economy in the past.

This year was a good year for Google. Google revenue up 23 percent to reach USD21 million in the first nine months in 2010. Their confidence increases, because this year Google has added 3,500 employees expand its workforce by 20 percent. Google also did a lot of investment in data-centers that run their online services. Eric saw the policy of salary increase as compensation to the 'best people in the world', but the move was analyzed by many as a prevention for its employees do not move to Facebook.

Competitive world of internet today is increasingly becoming aggressive, especially after Google's top sales executives Sheryl Sandberg, hired by Facebook as chief operating officer at Facebook. "We believe that the plans that competitive compensation is important for the future of our company," said Google spokesman, Jordan Newman.

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