Monday, November 15, 2010

Google Inc announces salary hike

"K2T Wisata"
The world at present is surely going to envy the Google Inc. employees because the company has not only sanctioned 10 per cent raise to all its employees’ salary but is also going to make them happy on this Christmas.
According to the sources, Google is giving a bonus of $1000 in cash on this Christmas. The salary hike is the part of the company’s ‘competitive compensation plan’.
It is being said that Google’s decision to hike the salary of its employees is out of the fear as the reports of past one year state that the company has lost many of its good employees to its competitor, Facebook.
The top four executives of Google CFO Patrick Pichette, Global Business Head, Nikesh Arora, Product Chief Jonathan Rosenberg and Engineering Research Chief Alan Eustace will see an improved pay of $150,000 but the company’s founders Larry Page and Sergey Brin and CEO will remain on a $1 base salary.
So there is indeed a reason for all the 23,000 employees of Google to smile.

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