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geekerati
Google elgooG
Joined: 17 Jan 2005
Location: Deep in the heart.
21217.12 GC$
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 Posted: Thu Mar 24, 2005 12:21 am Post subject: Google Bonuses |
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I read an article today about the bonuses that were given out to the Google employees, it was very interesting to learn who got what and how much, you might be surprised that Page and Brin received nothing. I was also in shock that they only received $1,566 as a Holiday bonus.
Did you know that more than a 1000 Google employees became instant millionares when they went public!
The article
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Laurent Van Winckel
Google Freak
Joined: 08 Mar 2005
Location: Belgium
1273.70 GC$
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| Posted: Sat Mar 26, 2005 10:22 am Post subject: |
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What??? Nothing for Larry Page and Sergey Brin??!!
Who's the boss of Google then??? I thought it was those 2 guys :s |
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DrakeWurrum
Dragoon Warrior
Joined: 24 Mar 2005
Location: Texas
10.00 GC$
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| Posted: Sat Mar 26, 2005 2:51 pm Post subject: |
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They are the presidents of Google. Just keep in mind that they reap most of Google profits...they got plenty of bonus money. 
They are, after all, the ones who pay out the bonuses.
You need to learn something about businesses...when you're the owner of a company that suddenly got very very rich, you don't need to give yourself a bonus.
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Andylkl
Googly Moderator
Joined: 09 Jun 2004
Location: Georgetown, Penang, Malaysia
14112.35 GC$
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| Posted: Sun Mar 27, 2005 2:49 am Post subject: |
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On a somewhat related but yet unrelated note, Steve Jobs' (CEO of Apple) salary is officially just US$1 per year!
| Wikipedia wrote: |
http://en.wikipedia.org/wiki/Steve_Jobs
Jobs worked at Apple for several years with an annual salary of $1, and this earned him a listing in Guinness World Records as the "Lowest Paid Chief Executive Officer". After Apple returned to profitability, the company dropped the "interim" from his title. His current salary at Apple officially remains $1 per year, although he has traditionally been the recipient of a number of lucrative "executive gifts" from the board, including a $90 million jet in 1999, and just under 30 million shares of restricted stock in 2000-2002. |
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Laurent Van Winckel
Google Freak
Joined: 08 Mar 2005
Location: Belgium
1273.70 GC$
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| Posted: Mon Mar 28, 2005 9:16 am Post subject: |
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| Andylkl wrote: | On a somewhat related but yet unrelated note, Steve Jobs' (CEO of Apple) salary is officially just US$1 per year!
| Wikipedia wrote: |
http://en.wikipedia.org/wiki/Steve_Jobs
Jobs worked at Apple for several years with an annual salary of $1, and this earned him a listing in Guinness World Records as the "Lowest Paid Chief Executive Officer". After Apple returned to profitability, the company dropped the "interim" from his title. His current salary at Apple officially remains $1 per year, although he has traditionally been the recipient of a number of lucrative "executive gifts" from the board, including a $90 million jet in 1999, and just under 30 million shares of restricted stock in 2000-2002. |
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ROFL 1$ per year hahaha great  |
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geekerati
Google elgooG
Joined: 17 Jan 2005
Location: Deep in the heart.
21217.12 GC$
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| Posted: Tue Mar 29, 2005 9:45 pm Post subject: |
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I didn't know that anyone responded to this thread, thanks guys! 
Yes, when you are a billionaire it does not hurt to spread the wealth around when you can. Moral is very important, so is being appreciated.
That's too funny about Steve Jobs. I wonder how his health is these days, is he doing better?
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bosko
Noogle
Joined: 04 Apr 2005
Location: california
618.85 GC$
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| Posted: Mon Apr 04, 2005 11:16 am Post subject: |
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| 1500 in bonus money is allot compared to what most people get. I am interested in applying to google. Just because of the fun atmosphere that it brings and there intrests and ideas that surface to the public, I belive that is how google stays strong with there company. |
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DrakeWurrum
Dragoon Warrior
Joined: 24 Mar 2005
Location: Texas
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| Posted: Mon Apr 04, 2005 3:42 pm Post subject: |
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As I said: If you run the company, you probably don't get paid...since you are the one who pays employees, and are thus the employer. You rely entirely on the company's profits. Thus, the "executive bonuses" show up.
Of course, exactly how it works depends on whether the company is a proprietorship, a partnership, or a corporation, but that's basically the gist of how it would work.
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dude66
Past Moderator
Joined: 24 Dec 2004
Location: Thursday
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| Posted: Wed Apr 27, 2005 1:02 pm Post subject: |
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| Laurent Van Winckel wrote: | What??? Nothing for Larry Page and Sergey Brin??!!
Who's the boss of Google then??? I thought it was those 2 guys :s |
They are to rich they arepresidents of Google.
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ATLBeer
Noogle
Joined: 17 May 2005
178.50 GC$
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| Posted: Tue May 17, 2005 8:41 pm Post subject: |
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| Laurent Van Winckel wrote: | What??? Nothing for Larry Page and Sergey Brin??!!
Who's the boss of Google then??? I thought it was those 2 guys :s |
I assure you Larry and Sergey are not hurting at all..
Just this month for example
http://finance.yahoo.com/q/it?s=GOOG
Sergey sold off close to $90M in shares. That is just in MAY. I don't think he needs much of a bonus to make himself happy for the holidays...
Page in just in April has liquidated about the same amount....
For reference:
Page has 43k shares currently valued at (~$1B dollars @ $233/s)
Sergey has 0 shares in Google  ???? |
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BeTimeBuilder
Junior Googler
Joined: 28 Jun 2005
1138.50 GC$
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| Posted: Wed Aug 03, 2005 7:53 pm Post subject: |
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Page has 43k shares currently valued at (~$1B dollars @ $233/s)
Sergey has 0 shares in Google Sad????
could not believe it
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L4nc3k
Google Freak
Joined: 01 Jul 2005
Location: Selangor, Malaysia
9475.15 GC$
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| Posted: Thu Aug 04, 2005 12:13 am Post subject: |
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Wow.
$1 per year? Ridiculous.
But see at the jet plane... o.o
And, the google staffs got too less money.
-Lance |
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google buyer
Noogle
Joined: 25 Aug 2005
153.65 GC$
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| Posted: Sun Aug 28, 2005 6:07 pm Post subject: |
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HI all
I need your valuable advise, When and where can I buy google shares. I am desperatly intrested as the share value is heading up, and I want to make money
"sooner the better" .
Thanks u all in advance! all your suggestions are most welcome. |
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Adam
Senior Googler
Joined: 01 Sep 2005
Location: Dunstable, England
6862.15 GC$
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| Posted: Fri Sep 02, 2005 7:19 am Post subject: |
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Something even more surprising - Page & Brin are only on $40k per year!
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littlevampire
Noogle
Joined: 18 Oct 2005
Location: baroda
194.85 GC$
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| Posted: Sat Oct 22, 2005 2:27 am Post subject: |
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gr8 i love google
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