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Google Rewards Employees With Millions

iseff writes "According to News.com, the Google guys created a program in November which rewards employees for outstanding achievements. The program gives the possibility of millions of dollars of stock to teams who perform great work. The goal of the program, according to Brin, is two-fold. First, it allows the company to reward 'genius', or whatever they see as genius. And second, it allows them to continue to hire all sorts of employees. According to the article, they believe that a recent grad who would like to work in a start-up will still be attracted to them because of the opportunity to create something great and be rewarded with millions (and without much of the risk associated with startups)."

2 of 384 comments (clear)

  1. Better than throwing it at execs by Ars-Fartsica · · Score: 4, Interesting

    Hey, at least they are redirecting their hoarde of gold back at the people who generated it instead of the execs.

  2. Re:In other news by Yokaze · · Score: 4, Interesting
    > I love this in America... whatever you do don't reward the Great Performers, that's unfair because it makes me feel bad.

    Actually, that isn't America. In comparison to other countries it awards Great Performers (whatever the market decides that is) quite outstandingly.
    Average CEO's pay as a multiple of an average
    worker's pay:

    United States 17.5
    United Kingdom 12.4
    Japan 11.6
    Canada 9.6
    Germany 6.5

    Size of Middle Class:

    Japan 90.0%
    Germany 70.1
    Canada 58.5
    United Kingdom 58.5
    United States 53.7
    Some people suggest, that there might be causal connection with the following table:
    Armed robbery (per 100,000 people)

    United States 221
    Canada 94
    United Kingdom 63
    Germany 47
    Japan 1
    Please note, before I am accused as communist, I don't want to force someone to pay someone less. I just want to suggest that the people think about it.
    --
    "Between strong and weak, between rich and poor [...], it is freedom which oppresses and the law which sets free"