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Google Financially Supports Families of Deceased Googlers

By - Source: Forbes

Google's Chief People Officer recently revealed to Forbes that the company last year announced death benefits for staff.

Google is known for treating its employees well and it seems the company's perks now include taking care of employees' families. Forbes reports that Google recently announced death benefits that would see the family of an employee taken care of in the event of that employee's death.

During a discussion on child and healthcare benefits at Google, Chief People Officer Laszlo Bock told Forbes that the company had just last year announced a new perk for staff. If you pass away while employed by Google, your spouse will get 50 percent of your salary for a decade. Google will also give your children a $1,000 monthly payment until they reach 19 (longer if they are a full-time student), and all stocks will be vested immediately. 

"One of the things we realized recently was that one of the harshest but most reliable facts of life is that at some point most of us will be confronted with the death of our partners," Bock told Forbes. "And it's a horrible, difficult time no matter what, and every time we went through this as a company we tried to find ways to help the surviving spouse of the Googler who'd passed away."

This perk applies to all U.S. Google employees and, according to Forbes, has no tenure requirement for eligibility. While these kinds of perks can be seen as a play to attract or retain talent in an increasingly competitive market, Bock says that isn't Google's take on the situation. As far as he's concerned, Google is doing it because it's "the right thing to do." "When it comes down to it, it's better to work for a company who cares about you than a company who doesn't. And from a company standpoint, that makes it better to care than not to care," he said.

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There are 30 Comments. B
Top Comments
  • 23 Ð
    bennaye , August 11, 2012 8:10 PM
    i thought they were going to take care of all the families that used google... i am disappoint
  • 22 Ð
    joytech22 , August 11, 2012 8:34 PM
    Google - Looking after its employees' families better than insurance companies.
  • 16 Ð
    KingArcher , August 11, 2012 8:39 PM
    Google helped me decode your cypher "Pyree" [:) ]
    PyreeI'll do what Homer in The Simpsons did in season 7 episode 8, twice at the beginning of every decade, for obvious reason.


    "Homer fakes his death in order to get out of working on a Saturday and is later forced to go to the records office to verify that he is alive."
Other Comments
  • 23 Ð
    bennaye , August 11, 2012 8:10 PM
    i thought they were going to take care of all the families that used google... i am disappoint
  • -5 Ð
    Pyree , August 11, 2012 8:11 PM
    I'll do what Homer in The Simpsons did in season 7 episode 8, twice at the beginning of every decade, for obvious reason.
  • 22 Ð
    joytech22 , August 11, 2012 8:34 PM
    Google - Looking after its employees' families better than insurance companies.
  • 16 Ð
    KingArcher , August 11, 2012 8:39 PM
    Google helped me decode your cypher "Pyree" [:) ]
    PyreeI'll do what Homer in The Simpsons did in season 7 episode 8, twice at the beginning of every decade, for obvious reason.


    "Homer fakes his death in order to get out of working on a Saturday and is later forced to go to the records office to verify that he is alive."
  • -2 Ð
    TechEnt , August 11, 2012 10:49 PM
    I wonder if this is an over reaction from Marissa Mayer leaving.
  • 11 Ð
    freggo , August 11, 2012 11:22 PM
    My guess is that Google takes out a life insurance policy for their employees. Most should be fairly young so the premium, especially in volume, is not that bad.
    A smart move to give employees a safety cushion, make them feel appreciated and increase work morale.
  • 9 Ð
    A Bad Day , August 11, 2012 11:54 PM
    No! Corporations are suppose to maximize shareholders' returns! Spending extra cuts into that!

    /sarcasm
  • 5 Ð
    NuclearShadow , August 12, 2012 12:05 AM
    A strange twist as the new trend is corporations secretly taking life insurance policies on their employees and keeping all the money and actually can make huge profits from young employee deaths. And yes this is perfectly legal.

    But good for Google I like to see a company do something because it is right. If corporations are people like Romney and the right say then Google is the only good person out of all of them.
  • 3 Ð
    rohitbaran , August 12, 2012 12:25 AM
    bennayei thought they were going to take care of all the families that used google... i am disappoint

    Lol. Good one sir!
  • 3 Ð
    derekullo , August 12, 2012 1:05 AM
    Don't be evil
  • 2 Ð
    JOSHSKORN , August 12, 2012 1:43 AM
    joytech22Google - Looking after its employees' families better than insurance companies.

    Google Health Insurance. Well hey, I wonder if that is gonna happen.
  • -3 Ð
    anonymous@guest , August 12, 2012 1:45 AM
    I am not being critical because I thing it is a good thing. But, lets call it what it is, an employee benefit. As poster Freggo said, Google probably took out a policy for its employees at a substantial discount because of volume and the age of its employees. If you really look at it, what's the difference between a raise in the form of a percentage increase, and a life insurance policy at a fixed rate. It all comes out in the wash. Furthermore, giving employees benefits with them asking for it is a good way to keep the unions out.
  • 2 Ð
    anonymous@guest , August 12, 2012 1:46 AM
    Great, now we just need good jobs for the other 6.99 billion people on the planet.
  • 2 Ð
    zeratul600 , August 12, 2012 2:25 AM
    don't be evil???? don't worry guys you are just great!!!
  • 6 Ð
    alidan , August 12, 2012 4:41 AM
    IPlayFairI am not being critical because I thing it is a good thing. But, lets call it what it is, an employee benefit. As poster Freggo said, Google probably took out a policy for its employees at a substantial discount because of volume and the age of its employees. If you really look at it, what's the difference between a raise in the form of a percentage increase, and a life insurance policy at a fixed rate. It all comes out in the wash. Furthermore, giving employees benefits with them asking for it is a good way to keep the unions out.


    treating employees like human beings keeps unions out. also not screwing them at every turn does wonders too.
  • 3 Ð
    anonymous@guest , August 12, 2012 5:14 AM
    how unamerican
  • 2 Ð
    cookoy , August 12, 2012 6:05 AM
    Dedicated and loyal employees who do the real work deserve to be rewarded and treasured. The greedy stockholders can have the crumbs for a change.
  • 1 Ð
    hoof_hearted , August 12, 2012 7:12 AM
    Guess they won't work their employees to death.
  • 1 Ð
    Antimatter79 , August 12, 2012 7:24 AM
    This type of benefits package would probably bankrupt Foxconn.
  • 0 Ð
    w0_od , August 12, 2012 8:35 AM
    I don't really care if this is just a PR exercise by Google or some cynical way to get a cheaper insurance for all their employees. I will just say Good on Google.
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