Four senior, but not the most senior, Google bosses are getting 30 per cent pay rises and a hefty jump in their expected bonuses. Basic pay for the four goes up from $500,000 in 2010 to $650,000 in 2011. The four will also see their target bonus go up from 150 per cent of salary to 250 per cent. Half this bonus is based on …
Sorry where is the news story here? Big bosses in successful company get paid a lot?
Is the 10% rise for everyone else totally flat, or can great people still get bigger raises?
Those salaries, although large are contextually a pittance against other large tech firms. Well done Google!
are just luring their employees into a false sense of security.
they are evil I tells ye, EEEEEVIIIIILLLL
Everyone gets 10% and this is bad how?
Some are more equal than others
Perhaps if the execs took the same raise as everyone else, in percentage terms, *everyone* could have gotten a raise of 11%, or even more?
And that's not even considering the executives' bonuses.
RE: Some are more equal than others
Lol - bosses of huge companies taking the same pay rise as everyone else. Thats a good one!
Still 10% isn't bad. It is shame those that can help themselves couldn't refrain from doing so for the greater benefit of all involved. While not exactly evil, it is par for the course and just serves to distance those at the top from those who work for them.
It's the new American Dream ...
As the gap between the rich and the rest of us expands in the US, making it to one of these upper echelon jobs is the New American Dream. If you make it into one of these positions (who said nepotism) you get to set your own salary, accept huge bonus payouts, live in luxury while absolving yourself from any responsibilty and well, ... generally contribute to further widening the gap between the rich and the others. Ah, free enterprise - gotta love it.
It's good to be king.
If you have to be a vassal however, try to be a vassal for a king that pays well. 30% is a nice pay raise for a vassal, and 10% for the peasants? Google may “Creepy free-candy-van Incorporated,” but it seems like it’s great to work there…
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