Google Giving Employees 10% Raises and $1,000 Bonus
Google is bucking the trend of most companies trying to suppress salaries, by giving all of their 23,000 plus worldwide employees a 10 percent across the board pay raise as well as a $1,000 cash bonus. This is being done in an effort to reward employees for the company’s success as well as stabilize retention […]
In: Business Stories · Tagged with: Cash Bonus, Facebook, Google, Quarter Profits, Retention Rates, Salaries, Salary Information, Silicon Valley, Silicon Valley Companies, Temerity, Workforce, Worldwide Employees
HP CEO, Mark Hurd, Resigns
HP CEO Mark Hurd has resigned, leaving CFO Cathie Lesjak to run the company on an “interim basis.” The reason for quitting? He was told to leave by legal counsel due to an investiagtion of sexual harassment against him by an outside contractor. According to the press release, “the investigation determined there was no violation […]
In: Business Stories · Tagged with: 192, Base Salary, Business Conduct, Cash Bonus, Ceo Mark, Doldrums, Effective Leader, Financial Integrity, Hp Ceo, Hp Hp, Instances, Interim Basis, Legal Counsel, Lesjak, Mark Hurd, Painful Decision, Quarter Financials, Sexual Harassment Cases, Sexual Harassment Policy, Wage Freeze
Ford’s Alan Mulally receives million dollar raise for 2009 by MARK KLEIS
Ford’s CEO, Alan Mulally, who is often credited for the automaker’s recent turnaround, received a raise of nearly six percent to a total compensation package of $17.9 million for his effort in 2009. Ford posted a $2.7 billion profit for 2009 – the first annual profit in four years. In 2009 Alan Mulally earned just […]
In: Business Stories · Tagged with: Alan Mulally, Automaker, Board Determines That, Cash Bonus, Compensation Package, Concessions, Ford Motor, Ford Motor Company, Global Basis, Kleis, Labor Unions, Media Coverage, Own Accord, Performance Stock, Product Performance, Profitability, Reuters, Share Increases, William Clay Ford, William Clay Ford Jr
