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Alphabet Donated Its Employees' Holiday Gifts To Charity (fortune.com)
The employee perks at Google are legendary, and they've always included an over-the-top holiday gift for every employee. In the past, the company has surprised its 70,000 employees with Nexus phones, Android smartwatches, and Chromebooks. Fortune adds:This year employees speculated they might get Google's new Pixel phones or a Google Home unit, the company's competitor to Amazon's Echo. But they forgot: They don't work for Google anymore. They work for Alphabet. Instead of a shiny new gadget, Alphabet employees got an email. On Thursday Bloomberg published a bruising story about the new, cost-conscious regime of Alphabet, driven by its corporate re-organization and its ex-Wall Street CFO, Ruth Porat. Shortly after the story hit, employees were informed that their holiday gift this year was a donation to charity, Fortune has learned. Alphabet donated $30 million worth of Chromebooks, phones, and associated tech support to schools on its employees' behalf.
Money for people.
So, get to work. waddah think we are running here? A charity?!
"...whenever any Form of Government becomes destructive...it is the Right of the People to alter or to abolish it..."
They should feel grateful they got anything in the past at all.
If I can't write a donation off on my taxes, then I didn't donate it. Fuck you Google.
So does this mean the employees get the write off or just Alphabet?
It actually seems like a pretty reasonable employee gift to me.
It's weird of them to not give their employees some of their own products though, make employees happy, and get people talking about the stuff.
Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
it was to the Human Fund
P.S. The CEO got a $12 million Christmas bonus and kept it all.
To be fair, if I got a ChromeBook or a smartwatch as a "gift" it would quickly be re-gifted (a.k.a. "fruitcaked") anyway. (I might keep a free Google phone, as long it wasn't one of the explody-explody kinds.)
Clark: [Finally revealing his Christmas Bonus] It's a membership to the Jelly of the Month Club. ........
Eddie: [Overwhelmed, almost choking on his eggnog] Clark, that's the gift that keeps on giving throughout the entire year.
We just didn't want to give it to you.
"We reject as false the choice between our safety and our ideals." --The American President (20.1.2009)
This comes with the added benefit of being a tax writeoff - whereas the holiday bonuses would not have been.
Any employer can donate the gifts (or funds) they would have spent on employees, or any amount for that matter, to charity. That part of the story is clear and good on Alphabet for helping out needy schools to the tune of more money than I'll ever make in my lifetime.
What is not accurate is the phrase "on its employees behalf" and other posters have already indicated that if the employees don't get the tax advantage, then the donation is not "on their behalf." Indeed the incentive is for Alphabet to get the deduction, effectively providing a $30M gift which costs them probably half that.
However, unlike other posters who say "If I'm not getting the benefit then F*** them" I think on it this way: If I were an employee and was told "This year instead of giving YOU a gift we're giving one to a poor child in need" then I would think about whether I was ENTITLED to a gift (no), or whether I just got spoilt and greedy and want want wanted a gift, and now I'm crying my big head to sleep on my big pillow.
Good on Alphabet. Good on everybody who supports helping out those in need.
E
P.S. I'm not a tax expert, lawyer, nor doctor. But I do write my opinions on the Internet.
Sounds like Google...er, Alphabet will experience a mass exodus soon.
I hope this makes all of those butthurt Google employees rethink the intentions and direction of their company. Also, I wonder if they could write their gift off their taxes...
If my employer donated my xmas bonus to charity you better believe i'd take more days off and do less work the following year if that's how they repay me.
I don't take days off while sick because of the risk to my bonus but if they'd just give it away to somebody else why the hell should i put the company before myself anymore?
You've now got more than a few rightfully disgruntled employees google...sorry alphabet. Disgruntled employees never cause problems right?
With no surprise, folks have been fleeing Google/Alphabet for months now.
Uncle Sam decides what I am going to donate to and I get the bill every year. How is this any different?
IN THE WORDS OF WILLY WONKA HIMSELF...
"YOU GET NOTHING! YOU LOSE! GOOD DAY!" - With love, Google.
You can listen as you read it: https://www.youtube.com/watch?v=M5QGkOGZubQ
wrong, bad for Alphabet. They gave their employees nothing for Christmas. Employees appreciate a company that appreciates them.
I donate the hours my employer pays me to work to charity too.
And can now login to grindr with their icloud account!
Isn't it heartwarming when billionaires give away the fruit of their minion's labour. They should promote the entire staff to the position of Alphabet Elves and send their wages to the children of gated community residents in need, so their poor beleaguered parents won't have to deal with mortgaging their second summer house, or digging into their saving - that would be cruel.
Expect massive layoffs before xmas, you know, to make things better for everybody, I mean it wouldn't be fair to leave your poor wageslaves hanging over the holidays, thinking all is fine - it's so much more humane to make a clean cut, and give them an opportunity to come to terms with the dissapointment while gathered aorund the xmas tree with friends and family.
Google wrote it off their taxes.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
This is an excuse to put their data collecting technology in the hands of kids under the guise of benevolence
is give your stuff away to the schools. The tax write offs basically pay for the whole thing and in 10-15 years the kids hit the job market trained on your software (on the public's dime, no less).
Not that I oppose computers in education, but we should be buying what's needed directly instead of these round about scams where we pay for it anyway with tax write offs. That way kids get what they actually can use instead of what the mega corps want them to have.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
I tried that with an ex-girlfriend once.
ONCE!
It's not a donation if the 'giver' didn't choose to do it. In other words, this was a donation from Alphabet, not from the employees. This is not to say that some of these employees wouldn't have donated their gifts or money, just if there was no choice in the matter it shouldn't be attributed that way.
So the employees get to deduct this on their taxes right?
yeah, just as I thought. Stay classy silly valley.
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
VMware sent out an email to employees and said "There is $$$ in your http://brightfunds.org/ account. Give it to whatever charity you care about". And the employees do get the tax write-off.
- Vincit qui patitur.
and supposedly there is a shortage of tech workers and retention is a problem so why would you ding your employees like this? Oh wait, maybe it's because there is no shortage of tech workers and retention isn't a problem....
And how much of your salary have you given to charity this year?
Dollars to donuts I bet it's Zero.
I also bet you're some wet behind the ears kid. Wait until your older and don't live with mommy and daddy, then see how much you care.
Oh joy,
The job market is about to be flooded with pissed off ex-Google employees.
~ People that think they are better than anyone else for any reason are the cause of all the strife in the world.
Go to your safe space and have a nice cry!
You might keep a free Google phone so long as it wasn't a Samsung Galaxy Note 7? So brave.
The first stage of anger from employees is the traditional "stealing of the pens and post-it notes". Be prepared for massive re-stocking come the current year!
Also on a side note what would be really funny is for an employee of Alphabet to go work for a non-profit for six months, demanding his original salary because he was donating his time on behalf of Alphabet...
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Now they have more physical ammo for their SF protests.
https://www.youtube.com/watch?v=TQXuazYI_YU
Let us not forget the lesson learned when Clark Griswolds bonus was not what he expected....no...it was enrollment in the Jelly of the Month club....the gift that keeps on giving.
Lesson? - A large man in blue leisure suit will tie you up and wrap you up in a bow.
https://www.youtube.com/watch?...
Silence is a state of mime.
An unlike what gavron thinks, this is not a god damn "gift". This is a "reward".
To me that is exactly right. Going forward will Google donate different amounts of money to charity at the end of each year depending on employee performance? That would seem to be the case if they really are taking bonuses and giving them away.
No matter what I can't see how this is good for morale, or retention in a pretty hot hiring environment.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Source of the parent post, in case some of you are too young and never saw it:
https://www.youtube.com/watch?...
Isn't that what the Airing of Grievances is for? Maybe if they win the Feats of Strength they can have their gifts back.
I can't get the scene where cousin Eddy kidnaps the greedy boss out of my head..
to add insult to injury, this is probably a thinly disguised move to unload slow moving inventory and deduct it at full price + "tech support"
OMG LOL FTG
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
The way things are going, when they do this next year, you might be the recipient of that new Chromebook and maybe a blanket and a warm meal.
wrong, bad for Alphabet. They gave their employees nothing for Christmas. Employees appreciate a company that appreciates them.
Yeah, Google's employees are really abused.
Thanks a lot asshole. I had monetarily forgotten.
As always, FUCK 2016
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
Whatever, I'm an engineer. My company is giving us nothing for christmas except for our holiday party which will consist of lunch at a hotel. It won't be particularly good, but eh, whatever. I'm paid well. I wouldn't mind the extra money, but I don't need it. They treat me well the entire year so I don't need a present. My only complaint with what alphabet did was not giving the employee any say into what charity it went to.
You just don't do something like this.
EVERYONE knows this is a tax write-off even if you honestly didn't intend it to be that way it is how it will universally be interpreted.
If you didn't want to give Christmas bonus simply not giving them to people may be a disappointment but pulling this shit is far worse. It is essentially telling your employees to go fuck themselves while announcing they will not be receiving a bonus.
Given current labor environment whoever made this decision to announce donations like this should probably be asked to resign.
...DAMN.
I just can't do it.
I am trying SO HARD to feel sorry for them.
It just ain't happening.
Maybe they can get a guy in a blue leisure suit to grab the executive team and tie them in a bow...
The person doing the "giving" (Alphabet) gets the tax write-off, so the employees got absolutely nothing. Alphabet is in no way required to give their employees gifts, and I think it would have been better if they didn't. This is just an failed attempt at good PR. I'm happy Alphabet is donating to charity - they just shouldn't be pretending they're doing it for their employees.
I guess giving a free phone is cheaper after you have colluded with others to pay them lower wages by thousands.
The tax deduction isn't money you get back from the government. It's the government saying they wont' tax the income you ended up donating to charity. As such, there is no difference between the company "giving" you the money to donate (counts as income on your taxes) and you getting the tax write-off (government doesn't tax that income), vs the company donating the money in your name (doesn't count as income, you don't get a tax deduction).
e.g. Say I'm at the 25% tax bracket. Company gives me $4000 to donate to a charity, which I do. Come tax time, the government says you received $4000 in income from your company so you owe $1000 in taxes. But you say I donated that $4000 to charity. The extra $4000 gets erased (deducted) from your income, and you're no longer liable for the $1000 in taxes. It's as if you never received the money at all, and the company gave it directly to the charity instead of to you. (Except if the company had given it, they would get the $4000 deduction to reflect that the money was donated. But that just equalizes the direct donation scenario to if they had paid it to you $4000 as wages - a deductible expense. Rather than kept it as taxable profit. Either way, the government is not taxing the money that changed hands because the final recipient is a charity.)
So it doesn't matter whether the company or the employee gets the deduction - it works out the same either way. (There are rare instances where the tax law is specifically or accidentally crafted to give you a tax deduction even though you never received the income. I ran across one of these a couple years back when i donated some stock to a charity. I received a deduction as if I'd sold the stock thus receiving the proceeds as taxable income, then donated the money to the charity. Except since I never sold the stock, I didn't have any taxable income to report for this stock. True, I had paid taxes on the money I used to first buy the stock, but the stock had appreciated a considerable amount and my deduction was actually several times larger than my initial cash outlay to buy the stock. So these situations are not impossible. But they are the exception to how deductions work, not the norm.)
Relevant
I interviewed with Google back in 2004, but ended up accepting a job with another company for far more money for the same basic responsibilities. On top of that, I also got a security clearance, something Google was not needing or offering.
Yeah, the thing that's really weird about it is really just the email and pretending like they're doing something for their employees.
Also, what they are spending it on is so obviously self-serving that I am not sure you can call it a donation morally.
It feels really sleazy when you advertise what a great thing you do when it rather looks like you are buying market share and a tax break.
I'd rather have them properly pay U.S. taxes than donate calculated amounts to reduce the amount the company pays in tax.
How does that work, though? If my employer gives me $10k for the purpose of a charitable donation, doesn't that essentially mean that I made (for tax purposes)
$my_pay
+$10000 (taxable)
-$10000 (tax deduction for charitable donation)
=
$my_pay
The needy would not be so needy, if the rich were not so greedy.
Google, hows about you pay your dam taxes, rather then being Tax Dodgers or socially irresponsible?
Then the schools/hospitals would as a mater of course, be better resourced?
And fire the idiot that did this! Reeks of some half-wit with a pseudo degree, like marketing.
If a company wants to donate to charity, fine. However, when management makes the decision without any employee input, do not say it is on the employees' behalf. At least have the decency to be honest.
Fraking over your employees is not being socially responsible. Bonuses are part of your compensation. You stop paying bonuses, it's the same as inflicting a pay cut.
And the language of the memo indicates management has no respect for their workers. Management didn't refuse to pay bonuses because times were hard, management didn't pay their people because they don't like their people.
Any company that does this, while still paying their executives their bonuses, is to be avoided at all costs. It won't be long before they start justifying pay cuts, working unpaid overtime, etc etc. Anyone working at Alphabet now knows they have to get the hell out. And Alphabet will have one hell of time trying to hire anyone, except for any desperate-for-the-experience newbies.
Social responsibility is giving your employees the option of donating their bonus, and letting the employee have the tax write off. Instead, management turned a $30 million expense into a $15 milliion expense via tax write offs - and that's only if they actually donated the items. Sharks as nasty as Alphabet's management will have no moral qualms about saying they made the donation and then not donating a damn thing.
They will send you a 1099 for the value of the donation (which you add to your income for taxes) and then let you write it off.
It will be worse for you.
Employees do not respond to these kind of measures in rational ways.
Logically an engineer making $200k should not give a hoot about a $500 christmas gift. What usually happens though, is that the value of the gift is not just monetary in the eyes of the recipient. They see it as a sign that the company cares.
Something similar happened back when I was working for Microsoft. In the mid-2000's, the company engaged in a series of cost cutting measures. One day they announced that they would modify the employee stock purchase plan (which until then offered a foolproof way to make a guaranteed profit on MSFT stock) and that they would stop the towel service in the locker rooms. Guess what pissed people off the most? The fracking towels. It was incredible. Internal forums and email lists were ablaze. People were incensed at the thought of losing towels they didn't even use. 90% of employees had never even set foot in the locker rooms, as they were mostly used by the few people who biked to work. Far fewer conversations focused on the real loss, which was the modification of the terms of the stock purchase plan.
The reason is, if the company was willing to cut a perk like the towels, which cost in the neighborhhod of $500,000/year for the whole campus (which for Microsoft was pocket change), what was the next step going to be? The removal of the towels was seen as petty. Plus this came at a time when the stock price was way off its dotcom era high. Lots of us had underwater options. There had been a general malaise, morale was low, and this gave people a tangible issue to focus on.
I hate it when company gifts you expensive electronics that you don't need. You have to pay fucking taxes on MSRP. That is ridiculous.
For example if Google gifts you the new Nexus, Pixel or whatever their current crap phone is and its MSRP is $500, it is reflected on your W-2 and you would have to pay all income taxes on it as if you received $500. I rather take $500, than their shit phone. It's not like it's worth $500 and it's not like you can resell it for $500.
I remember when my company gifted me iPad 2 max possible config (MSRP in $800 range IIRC) back in the day. Holy fuck. Just gift me the money.
Comment removed based on user account deletion
Does it work that way that if someone donates to charity on your behalf that you can claim your gist as a charitable deduction? Next ear the company will reinvest their Christmas presents in a stock buyback.
They've obviously hired someone who'd worked out the cost of indulgences, and decided they can abide by "don't be evil" so long as they can zero-sum their Orwellian nightmare tech with some well executed charitable dontaions
Financial sleight of hand?
Cost of donated hardware: $12M
Cost of donated support: $0
Declared value: $30M
Tax benefit: $10M
Out of pocket: $2M
George Costanza ran a scam like that, giving out certificates of donations to a fake, invented charity, because, m... erh, ...he's cheap.
Google pay is average to less than average for the SF Bay area. Disclaimer: I don't work for Google.
-The wise argue that there are few absolutes, the fool argues that there are no probabilities.
"its the gift that keeps on giving...."
At least its not literally the jelly of the month club, but its not much better.
If your company removes money from you and gives it to someone else, that is called Robbery. I'd be interested in seeing a class action law suit be brought on this one.
The sad thing is, if Alphabet had asked the employees to donate some or all of their bonuses to a charity people probably would have given what they felt right. There is no such thing as "Charity by Force".
-The wise argue that there are few absolutes, the fool argues that there are no probabilities.
something socially responsible
Screw the workers by not giving them something that they usually get. Check
Make a massive donation to gain a huge tax write off when you already pay next to no taxes. Check.
CEO takes a bonus likely equal to the after tax donation that was made for saving money and screwing employees at the same time. Check.
Get either shills or complete idiot's support on Slashdot for actions. Social responsibility at its best.
When I worked there, I had to live out of a refrigerator box.
So does anyone have an Uncle Eddie that could deliver Sergey and Larry tied up with a bow?
irrelevant to point. No gifts were given to employees, yet executives got their bonuses.
Never, ever, ever be grateful for having a job or for any compensation you get, bonuses or otherwise. A job is an exchange of services for money or other things of value like insurance, android phones, whatever. The minute you think otherwise you lose what edge you have in this worker hostile nation we live in.
I came here looking for that. Only thing now is to get a youtube link to the complain/jelly and then tie-up scenes.
Do you think upper management ever sent themselves a letter that said in effect "Instead of your regular big bonuses, the company has instead donated X $Millions to a charity in your name. Have a Merry Christmas."? I think not. If they would never do this to themselves, why do it to all the other employees?
Google decides to donate some money to the less fortunate. On the face of it, it seems like a noble thing to do. Except that the decision was made without any input from said employee, who may or may not have been onboard with that decision. I used to work for a place that every Christmas they would send you a link to a website where you could get various items, paid for by the company, as a gift. You also had the option of having the company donate money instead of the gift. Seems to me that would have been a better way for Google to play it. Let the employee decide.
What makes me laugh is nobody's actually stated the obvious, looking after the poor and the needy is the Government's job. Companies really shouldn't be donating money to charities at all, their job is to look after their shareholders, ie you don't have a by the people for the people section in a companies constitution. If a manager want to feel good about themselves, get them donate their own money, and not somebody else's money. As a Google shareholder I'd be pissed off and I'd be asking whoever approved this to reimbursing me.
If you care about people vote for a government that cares for people and provides basic healthcare, dole and pay your taxes to support this agenda.
Personally I don't think that donations to charities and religious organizations should be tax deductions at all, effectively they're just tax dodges.
Even if all I got was $5.00 a year bonus and they gave it away without asking, I would be livid about this. It's a big fuck you to your workers.
So the employees get nothing and the CEO gets to go to charity balls and what not. I would not be happy if I were a shareholder.
Microsoft gives free software to schools. It makes them look charitable, when the real aim is to get the schools to train the students in the use of Microsoft software so they'll use Microsoft when they grow up. Google is doing the same thing by getting schools to train students in the use of Chromebooks.
The difference, of course, is that Microsoft's free software is probably considered marketing and comes out of a marketing budget, while Google take it out their employees Christmas bonus. They've reached new lows with this one.
They've not divulged what schools they donated to. If they donated to schools in Silicon Valley, I imagine those aren't really "needy" schools and children.
Employees will still get their bonuses too (most of them at least) which are *far* larger than the value of this gift.
Google for it.
Should be as easy as ABC.
Dammit. Don't hate me.
WARNING: Smartphones have side effects--most of them undocumented.
How is this my donation if I had no influence over it?
It feel like the company says I am not capable of being charitable so they better fix it so I don't mess it up.
This removes any good feeling you might have about helping someone out of your own free will.
To be fair, I am not living in the US so I don't factor in aspects such as tax writeoffs into this.
Clark Griswold at least got a "jelly of the month club" membership...
At some point, when you are high enough on the income ladder, they start applying a multiplier below 1 on your deductions. So you give a $1 to charity but only get a deduction off your income of $0.70. As you would expect, it makes people donate less than they would if it were 1:1 for everyone but no....we gotta punish those rich bastards (yawn).
Last year I made $550K AGI and it hit me but I don't know what the actual threshholds are. They are not as high as you think they are (they never are).
I have a feeling that a bunch of alphabet employees are about to gift 20% more of their future workdays to Facebook and Twitter.
So they dump old stock they can't sell, make money they would have lost by writing off the retail value, get free PR for their "charity" (that part has probably gone awry now), and then use this as an excuse not to give a holiday perk.
Typical from a company whose CEO says that tax evasion is his fiduciary duty.
ASML did the exact same thing:
Dear all,
Summer may just be over and the next holiday break a long way off, but we’d like to share some information with you regarding the Year-End Gift; and a new approach that also reflects the true spirit of the holiday season.
In past years, the Board of Management has expressed its appreciation for your hard work with a Year-End Gift – from chocolates to vouchers or some other gift. This year we’d like to break with that tradition and start a new one.
ASML is a market leader and a privileged company – high tech, successful and fortunate enough to be able to take care of its employees in terms of competitive salaries and working conditions. There are many people who do not have the same advantages. We know many of you feel the same and some of you have already chosen to donate your Year-End Gift to our dedicated charity - the ASML Foundation.
Every cent contributes to educational initiatives around the world aimed at giving disadvantaged young people the chance to develop their talents and unlock their potential. We can do better and it’s our responsibility to do so - to give more back. This year, in addition to our annual contribution of €450,000 we will be donating the Year-End Gift budget directly to ASML Foundation. It’s a gift from all of us to those who will benefit from it most. We know you’ll support us in this decision, thank you.
Many of you are familiar with the fantastic and varied initiatives the ASML Foundation supports around the world; and with this significant boost in funds we can reach out to even more disadvantaged children and young people, helping to improve their lives and the communities they live in.
Over the coming year, the ASML Foundation will keep us up-to-date on the valuable projects around the world that will be supported by our donation. Please visit the website for information, and find out how you can get even more involved.
Kind regards,
Christophe, Frederic, Frits, Jan, Markus, Martin, Peter, Ron, Sunny, Wolfgang
Executive Committee
I'm sure the employees will also get the tax receipt for this generous donation, too.
Shortly after the story hit, employees were informed that their holiday gift this year was a donation to charity.
jeez, that suxed ......no say so what ever !
How to remove perks without sparking protests?
- First, turn them into donation to a charity. Nobody can oppose donation to a charity without being labelled as a bastard.
- Second, gradually reduce do,nation to charity over the years. Employees will probably not notice or complain since they do not get the gift
By the way, I'll be donating my next week's work to charity - as if you could tell the difference.
Contribute to civilization: ari.aynrand.org/donate
or train their AI bots, that will grow at the rate of 1 human year per week.
bloody wall street been counters.
maybe facebook can kick googles ass
Liberty freedom are no1, not dicks in suits.
Employees looking for revenge can donate their great product ideas that they've been developing in company time to Microsoft, Amazon, or Apple.
When the copyright term is "forever minus a day", live every day like it's the last.
I can't find anyone else reporting this story. I even checked DDG on the paranoid possibility that google was mucking with their own search results.
The story smells wrong to me, and the lack of supporting evidence is very suspicious.
Now hold up! Is a conservative like you feeling ENTITLED to a GIFT? You are even lucky to get a Christmas anything. Any acknowledgment of s holiday at all is a relic of the past just like the pension I still have.
You conservatives and libertarians told us liberals that we were paid the amount of money negotiated at hire that was the within the boundaries set by the government. In other words, 8 hours pay for 8 hours work. Now you're demanding an Xmas present from your company? You whiny little brat!
And then when I got laid off TWICE because you fucktards ran the government out of money and put it on lockdown, I was told I didn't even get unemployment. I did end up getting one whole week of it. How generous. You guys always preach 6 months expenses saved, so I don't want to hear you don't have any money to buy little Timmy those new legs. Get a second or third job if needed you lazy mooch!
How does that happy holiday Crow taste?
ribiks cube ???
or a free android phone that bugs you
Liberty freedom are no1, not dicks in suits.
You conservatives asked for this shit by busting up our Unions. Lay in that bed you made!
Donating chromebooks worth $30m (full retail value). Wanna guess if these are old stock that aren't worth 1/2 that much any more? Kind of reminds me of how the USA "donates" its boring old bombs to 3rd party countries so it can buy new smart ones. Just need to find a suitable recipient.
Portland to raise taxes on companies where CEO earns 100 times what workers do
http://www.cbc.ca/news/business/portland-ceo-pay-1.3886955
Come On Goog, Do The Right Thing
Wish to get rid of Pixel LS 2015 i7? I want to buy one or two.
cooper.spb@gmail.com
I am from a corrupted third-world country, so consider it as a charity!
It's very likely that the donated items are remainders that they believed they would be unable to sell, anyways (which would likely be written off "at cost"). By donating the items, they can claim they are donating the retail value, and thus write off a much larger amount than they would've been able to otherwise. So, basically "Hey, all you employees who make this company POSSIBLE, f*ck you; we're giving your former benefits back to ourselves. Hah!"
Something tells me they are still getting a giant bonus. If you work for Google/Alphabet and are upset you did not get a phone; you have bigger issues.
Two can play that game. Those kids in America really needed those donations considering how many children in Africa don't even go to school!
How low can we go!?
Hmmmm..... Can you say Tax write Off?
"Google's parent company Alphabet"
If I wasn't asked, then it's never done 'in my name'.. Just give me the gift and I'll think about donating it to charity. What's next, the company is donating my salary to charity (because that's actually what they did now as these kind of bonusses are part of your salary)?
What's the difference between this and what the government does to the middle class? They take my money and give it to poor people then take credit for having done so. They look like compassionate politicians, but they didn't give any of their own money. Big Business and Big Government are two sides of the same coin. We are all slaves.
So I'm guessing it came with a nice letter saying a donation had been made in their name to "The Human Fund"?
the clinton foundation?