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A company that truly understands what its employees want; Google
Topic Started: Nov 13 2010, 11:51 AM (243 Views)
Axtremus
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HOLY CARP!!!
Read: http://www.huffingtonpost.com/2010/11/10/google-fires-employee-who-leaked-raise-memo_n_781941.html

A global, across the board 10% pay raise for every employee. Not only that, they are also shifting a portion of "bonus" into "base salary," and will dish out holiday bonus in cash.

Screw all that MBA management consultant's self-delusional clap trap about motivating employees with intangibles. Cash is the bottom line, even for highly educated knowledge workforce such as Google's.
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George K
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Finally
Wow. Its employees want more money.

Shocked, I am.

Shocked.
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"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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Copper
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Shortstop
George K
Nov 13 2010, 11:59 AM
Wow. Its employees want more secret money.

The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy
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George K
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Finally
Copper
Nov 13 2010, 12:16 PM
George K
Nov 13 2010, 11:59 AM
Wow. Its employees want more secret money.

Posted Image
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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dolmansaxlil
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HOLY CARP!!!
I think the firing over a leak was a bad move.

However - all the folks who speak on ways to effectively motivate would agree that this strategy is actually a really effective one. They have, out of blue, given employees a bonus for working there. It's not the same as doing an annual review of your work and giving or not giving a raise based on it.

And, believe it or not, there are some of us who do think that there are things more important than money. It doesn't mean that a raise wouldn't make me happy. I'm not an idiot - I'm just not completely financially driven.
"Your first 10,000 photographs are your worst." ~ Henri Cartier-Bresson

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Mikhailoh
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If you want trouble, find yourself a redhead
A raise makes you happy for the first check. After that it's the status quo. It can be a dissatisfier, but not a satisfier.
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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Aqua Letifer
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ZOOOOOM!
Mikhailoh
Nov 13 2010, 01:00 PM
A raise makes you happy for the first check. After that it's the status quo. It can be a dissatisfier, but not a satisfier.
Give the extra to me then, if nobody else wants to put it to good use.
I cite irreconcilable differences.
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dolmansaxlil
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HOLY CARP!!!
Exactly, Mik. It's not the money that will make the employees happy here. It's the little burst of excitement about getting that unexpected pay bump. In fact, the letter probably will raise morale just as much as that first paycheque with the raise on it. I'm a firm believer in the idea that once you're paid a fair wage for your work, there are lots of better motivators out there.
"Your first 10,000 photographs are your worst." ~ Henri Cartier-Bresson

My Flickr Photostream


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Mikhailoh
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If you want trouble, find yourself a redhead
Yep. Money make make you stay at a job, but it won't make you like it.
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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jon-nyc
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Cheers
Mikhailoh
Nov 13 2010, 01:00 PM
A raise makes you happy for the first check. After that it's the status quo. It can be a dissatisfier, but not a satisfier.
Freud thought happiness in general worked that way. Ever read Civilization and its Discontents?
In my defense, I was left unsupervised.
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Luke's Dad
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Emperor Pengin
Free USB Lap Massagers for everyone!

That would make me happy at my job.
The problem with having an open mind is that people keep trying to put things in it.
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jon-nyc
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Cheers
Every shift should have a happy ending.
In my defense, I was left unsupervised.
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George K
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Finally
jon-nyc
Nov 13 2010, 03:28 PM
Every shift should have a happy ending.
Every sh!t is a happy ending.
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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1hp
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Fulla-Carp

For some reason I am of the opinion that Google employees are not very well paid - a 10% raise may not put them on par with similar positions at other companies.
There are 10 kinds of people in this world, those that understand binary and................
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George K
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Finally
1hp
Nov 13 2010, 05:44 PM
For some reason I am of the opinion that Google employees are not very well paid - a 10% raise may not put them on par with similar positions at other companies.
Let me Google that for you...

http://www.glassdoor.com/Salary/Google-Salaries-E9079.htm

Posted Image
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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jon-nyc
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Cheers
ID have to agree with hp, those salaries would be less than stellar in silicon valley. Part of their comp is definitely the prestige of working for google.
In my defense, I was left unsupervised.
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Mikhailoh
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If you want trouble, find yourself a redhead
jon-nyc
Nov 13 2010, 02:31 PM
Mikhailoh
Nov 13 2010, 01:00 PM
A raise makes you happy for the first check. After that it's the status quo. It can be a dissatisfier, but not a satisfier.
Freud thought happiness in general worked that way. Ever read Civilization and its Discontents?
No, I haven't. But I learned long ago there is no lasting happiness in material goods. I like material things, certainly, but there's always that next thing out there. It's chasing vapors.

Money to me = freedom of choice. I'm not wealthy by any means, but I have choices and I don't have to take crap off anyone because I need a paycheck. That is the value of financial security, not the things it can buy.
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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jon-nyc
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Cheers
Mikhailoh
Nov 14 2010, 04:30 AM
Money to me = freedom of choice. I'm not wealthy by any means, but I have choices and I don't have to take crap off anyone because I need a paycheck. That is the value of financial security, not the things it can buy.
I could have written that myself. And have been known to put it into effect now and then. (re not taking crap)
In my defense, I was left unsupervised.
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Axtremus
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HOLY CARP!!!
The value of financial security is in its purchasing power, in the things it can buy -- food, shelter, medicine/medical services, security (be it locks, arms, or bodyguards). If your wellbeing or the wellbeing of a loved one ever becomes dependent on something that money cannot buy and you have to take crap to secure that something, you will. Thanks to modern finance and various transportation and communications infrastructure, luckily, there are fewer and fewer things that money cannot buy.
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