One of them is led by Google CEO Sundar Pichai the richest companies in the worldAnd most likely, the Big Tech giant doesn’t want to talk about money to its employees is in the middle to cut costs and slow hiring. But after the employees asked, he wants them to do one thing: Stop equating “fun” with “money.”
pichai’s commentsrevealed in one day during a comprehensive meeting with the entire company earlier this week A new report from CNBCobtained the audio recording of the meeting. Pichai at a meeting with live Googlers in New Yorkemployees asked the CEO why the company was “nickel-and-dipping” them by limiting travel and slashing entertainment budgets and benefits, especially at one point. when the company had “record profits and large cash reserves.”
In response, the Google chief said the company was simply being “a little more responsible” in one of the most difficult macroeconomic situations of the past decade.
At another point of the meeting, Pichai spoke How cost cutting has affected fun at work. He cited the days when Google was “small and scrappy” in an attempt to justify changes to the company’s culture and priorities.
“I remember when Google was small and scrappy,” Pichai said at the meeting, CNBC reported. “Fun hasn’t always been – we shouldn’t always equate fun with money. I think you can walk into a hard-working startup and people are having fun and it doesn’t always have to equate to money.”
G/O Media may receive a commission
The question about company perks is not without basis. For years, Big Tech employees at Google and elsewhere have benefited from mind-boggling perks, at least to us peasants. These include onsite massage therapists, cooking classes, at-home fitness, and art programs, according to the Benefits page At Google Careers.
It’s unclear whether any of these benefits will disappear, although some addictions are going bye-bye.. Speaking at the AGM, Google officials told employees to expect smaller and more informal holidays and New Year’s celebrations, specifically instructing them to “try not to go overboard.”
When it comes to travel restrictions, some Googlers have noted that telling employees is counterintuitive they had to follow the company’s return-to-the-office policy, but then emphasize that there is “no need to travel” or “personal contact.” In April, Google announced that employees should at least be in their physical offices three days a week.
Pichai said he understands the new travel policy is not ideal. He explained that sometimes they can do this if seeing each other in person helps employees work better.
“If you haven’t seen your team in a while and it would help your business by getting together in person, I think you can do that,” the Google executive said. “I think that’s why we don’t say no to travel, we give the teams the freedom.”
It should be noted that Google officials stated that the company does not plan to make any changes regarding employee growth, capital and bonuses, and noted that “we will continue to pay employees at the highest point of the market so that we can be competitive.” ”
Pichai echoed those sentiments and said the company was fulfilling its “commitment.” i buy employee care. This likely includes the highest-earning executives in total compensation in 2021. at least $14 million and more than $28 million to the parent company Alphabet documents With the Securities and Exchange Commission. Pichai’s total compensation last year was $6.3 million.
The Google executive did not respond employee questions on whether the company will cut executive compensation.
Gizmodo reached out to Google for comment on Saturday, but did not receive a response by the time of publication.
Leave a Comment