Google's Cash Bomb vs. Facebook IPO
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Moritz Dispatch
Nov 10, 2010, 9:53:41 AM11/10/10
to Moritz Dispatch
Scott Moritz
11/10/10 - 09:41 AM EST
Google's across-the-board 10% bonus and $1,000 holiday gift to
employees suggests the company is doing well and that it wants to
fight the flow of employees to rivals like Facebook.
The Mountain View, Calif., Net search giant, according to a memo
published by Business Insider's Henry Blodget, has told employees that
it was adjusting its bonus mix by bumping up the cash portion and
presumably reducing the stock awards.
The move comes as Google's growth is taking off again, which the
company's blowout third-quarter results showed. It also comes as
outfits like Facebook and Twitter are rapidly expanding and, in all
likelihood, headed for a lucrative, employee-enriching IPO.
Google's $256 million employee goodwill:
http://www.thestreet.com/story/10917904/1/googles-cash-bomb-vs-facebook-ipo.html
11/10/10 - 09:41 AM EST
Google's across-the-board 10% bonus and $1,000 holiday gift to
employees suggests the company is doing well and that it wants to
fight the flow of employees to rivals like Facebook.
The Mountain View, Calif., Net search giant, according to a memo
published by Business Insider's Henry Blodget, has told employees that
it was adjusting its bonus mix by bumping up the cash portion and
presumably reducing the stock awards.
The move comes as Google's growth is taking off again, which the
company's blowout third-quarter results showed. It also comes as
outfits like Facebook and Twitter are rapidly expanding and, in all
likelihood, headed for a lucrative, employee-enriching IPO.
Google's $256 million employee goodwill:
http://www.thestreet.com/story/10917904/1/googles-cash-bomb-vs-facebook-ipo.html
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