Google has grown from being a little start up to being one of the biggest tech companies today. Like every successful company, it relies heavily on the hard work of its employees. Despite how much technology Google has working for it, it still needs humans to drive that innovation.
Google learned that its employees value their salary quite highly – higher than bonuses or stock compensation. With that in mind, Google is aiming to keep its employees happy with money.
According to Business Insider, Google has given all of its employees a $1,000 cash bonus where tax has already been paid for. This is $1,000 in the pockets of employees to do with whatever they please.
As if that wasn't enough, Google is also giving every employee, regardless of position or location, a 10 percent salary raise. Googlers can earn and even bigger raise equivalent to 1X the employee's target bonus for the year.
Below is supposedly the confidential email that Google CEO Eric Schmidt supposedly sent to all employees: