Thursday, May 05, 2005
Bloomberg.com: Bloomberg Columnists: "Creative Motivation -- Google, Money, Hermes: Graef Crystal
May 4 (Bloomberg) -- Google Inc. is showing one reason why it's such a wildly successful Internet company: It's using money the way it should be used -- to motivate people in a meaningful way.
Last month, two teams of Google employees were handed $12 million of free company shares, with more so-called Founders' Awards planned for other work groups. By giving the stock, the Mountain View, California-based Google is seeking to reward, motivate and retain employees.
``The Founders' Award is designed to give extraordinary rewards for extraordinary team accomplishments,'' Google co- founders Sergey Brin and Larry Page said in their first letter to shareholders. ``A general rule of thumb is that the team accomplished something that created enormous value for Google...'"
May 4 (Bloomberg) -- Google Inc. is showing one reason why it's such a wildly successful Internet company: It's using money the way it should be used -- to motivate people in a meaningful way.
Last month, two teams of Google employees were handed $12 million of free company shares, with more so-called Founders' Awards planned for other work groups. By giving the stock, the Mountain View, California-based Google is seeking to reward, motivate and retain employees.
``The Founders' Award is designed to give extraordinary rewards for extraordinary team accomplishments,'' Google co- founders Sergey Brin and Larry Page said in their first letter to shareholders. ``A general rule of thumb is that the team accomplished something that created enormous value for Google...'"
Comments:
Post a Comment
