Tag Archives: bonus

Google bonus delay offers lesson in windfall spending

Google bonus delay offers lesson in windfall spending

A pedestrian strolls on the Google campus in Mountain View, California, on Jan. 27, 2022. David Paul Morris/Bloomberg via Getty Images Change to bonuses addresses 2023 uncertainty Google employees who qualify for bonuses will get 80% of the sum in January, with the remainder coming in March or April, according to a memo obtained by CNBC. That’s a departure from Google’s typical practice of delivering full checks in January. A Google spokesperson said it “extensively” communicated that… Source link

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Google to delay portion of staff bonus

Google to delay portion of staff bonus

Jan 19 (Reuters) – Alphabet Inc’s Google is deferring a portion of its employees’ year-end bonuses as part of a transition to a new performance management system, the search engine giant said on Thursday. The company will pay 80% advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was communicated to staff last year. The development comes amid tech companies’ attempts to limit spending amid a broader slowdown in… Source link

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Google to delay portion of staff bonus

Google to delay portion of staff bonus

(Reuters) – Alphabet Inc’s Google is deferring a portion of its employees’ year-end bonuses as part of a transition to a new performance management system, the search engine giant said on Thursday. The company will pay 80% advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was communicated to staff last year. The development comes amid tech companies’ attempts to limit spending amid a broader slowdown in demand and… Source link

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Google is delaying a portion of employee bonus checks

Google is delaying a portion of employee bonus checks

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google executives are deferring a portion of employees’ year-end bonus checks, according to documents viewed by CNBC, as the company moves toward permanently pushing back payouts. In past years, employees received their full bonuses in January. However, Google will pay qualifying full-time employees 80% of… Source link

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Oops, we miscounted your bonus, please give some of it back

Oops, we miscounted your bonus, please give some of it back

Japanese car manufacturer Honda has asked hundreds of employees to pay back part of their bonuses after claiming it overpaid them. The company gave employees at the Marysville Honda Motor Co. factory in Ohio nine days—until Sept. 22—to return part of their bonuses, often amounting to hundreds of dollars. A memo sent to staff asked them to choose how they wanted to repay the money, with an option to either pay the funds back up front or to take the money out of their future payments and… Source link

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Jrue Holiday secures $255K bonus for 8 seconds on court

Jrue Holiday secures $255K bonus for 8 seconds on court

It’s roster bonus season in the NBA. For Milwaukee Bucks guard Jrue Holiday, that means it’s payday. With the NBA’s regular season concluding on Sunday, the Milwaukee Bucks rested their starters against the Cleveland Cavaliers — all except for Holiday, who remained conspicuously in the starting lineup alongside a group of players who most certainly won’t be seeing significant playing time in the postseason. The Bucks were guaranteed a No. 2 or No. 3 seed in the Eastern Conference and appeared… Source link

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Bucs’ Rob Gronkowski earns $1 million bonus in win vs. Panthers

Thanks to a huge performance on Sunday afternoon, Rob Gronkowski will get to cash in a $1 million bonus check. The Buccaneers tight end had seven receptions for 137 yards in Tampa Bay’s 41-17 win over the Carolina Panthers on Sunday, which earned him a pair of $500,000 contract incentives. The 32-year-old entered their regular season finale in Tampa with 48 catches and 665 receiving yards on the season. He was seven catches shy of 55, which triggered an automatic $500,000 bonus, and 85… Source link

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Google to give additional staff bonus this year

Dec 8 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will give an additional bonus to its employees globally this year, as the tech giant pushes back its return-to-office plan. Google will give all employees, including the company’s extended workforce and interns, a one-time cash bonus of $1,600 or equivalent value in their country this month, a company spokesperson told Reuters. The latest benefit is in addition to Google’s work-from-home allowance and wellbeing bonus, to… Source link

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