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Google to Employees: No Christmas Bonus, Here's a G1 Instead
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Google to Employees: No Christmas Bonus, Here's a G1 Instead |
12/23/08
Yeah it sucks that they're not paying out bonus, but they also lost something like 50%+ of their share price. We're in a new economic reality and things like huge bonuses, and massive employee incentives need to be rethought.
Yeah it's nice to reward your underlings, but it's even nicer to remain in business.
12/22/08
12/22/08
Google is covering the taxes for this gift; there will be an extra payroll run before the end of the year to cover the taxes. If you have further payroll or HR-related questions about this gift please email [address removed]
I hope Google realizes that the taxpayer is still liable for taxes owed. As well as the tax on the extra payroll to pay for the tax on the phone.
Under the US Tax Code, all income, unless otherwise specified, is income.
12/22/08
12/22/08
12/22/08
I'm not a tax attorney by trade but do remember from my tax classes that paying an employee's income tax as part of their salary is additional income. Basically, your job can't pay your income tax.
12/22/08
12/22/08
12/22/08
My bonus went straight into my money market account.
12/22/08
12/22/08
12/22/08
12/22/08
Why haven't I thought of this before.. Now, what to get my girlfriend for Christmas that will end up paying for it self...
12/22/08
12/22/08
12/22/08
Google Employee #1,304 - cubicle 19-Z
12/22/08
I asked for a mai tai, and they brought me a pina colada, and I said no salt, NO salt for the margarita, but it had salt on it, big grains of salt, floating in the glass