Leader and Officer of Google to Get 30 Percent Salary Rise

 

Google increasingly pamper  employees with high salary increases persuasion. This  does not only apply to regular employees in  Google is getting a raise, but some  business leaders also get a pay rise  to 30%. Not only that, Google also provides  a larger portion of shares to executives in  company. Google's corporate leaders  total of four people will get a pay rise  approximately $ 650 thousand next year. This amount  $ 150 thousand higher than  their salaries this year that totaled $ 500 thousand.  "On November 8, 2010, members  Leadership Development and  Compensation Committee of the Board of Directors (LDCC)  from Google Inc., agreed to increase income  Google executives an annual basis, "said  one source quoted by Softpedia.

 

Approval of the increase  income made after a review of  performance and competitive market data. Executive  Google the company that will get pay rise  consists of Patrick Pichette, Senior Vice  President and Chief Financial Officer, Nikesh  Arora, president of Global Sales & Business  Development, Alan Eustace, Senior Vice President,  Engineering & Research, and Jonathan Rosenberg,  Senior Vice President, Product Management. In addition  get a basic salary increase, they will also  received awards from the company. Pichette and  Arora get $ 20 million, Eustace $ 10 million  and Rosenberg's $ 5 million in equity awards.  Google also revealed that granting stock options  will be given every year instead of two years  as before.

 

They also will gain  bonus by increasing the number of the larger 150  up to 250 percent of basic salary received.  Half of the bonus awarded will be based  company valuation and performance of each leader  company. However, three people who have a role  important in Google such as Google founders Sergey ie  Brin and Larry Page and CEO Eric Schmidt remains  receive their income the same as before.  They do not receive compensation or stock. They  also will not receive a bonus increase. At week  this, all Google employees have gained increasing  salary about 10 percent. Google is also trying to  retain more people to stay  in the company by offering shares worth $ 3.5  million for staff engineer.