Google CEO tells workers they don’t need money to have fun

Google CEO tells workers they don't need money to have fun
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Google CEO Sundar Pichai is shown sitting on a red chair at the 2022 Code Conference.

I dare say it’s easy to tell workers that fun doesn’t have to cost money when you have a lot of money.
Photo: Jerod Harris (fake images)

Google CEO Sundar Pichai, who runs one of the richest companies in the worldyou most likely don’t want to talk about money with your employees while the Big Tech giant It is in the middle of reduce costs and slow hiring. But since the employees asked, he wants them to do one thing: stop equating “fun” with “money.”

Pichai’s commentsmade during a company-wide meeting earlier this week, came to light in a new CNBC reportthat he obtained an audio recording of the meeting. At the meeting, which Pichai held in New York with a live audience of GooglersEmployees asked the CEO why the company was “saving” them by restricting travel and cutting entertainment budgets and benefits, especially at a time when the company had “record profits and huge cash reserves”.

In response, the Google boss said the company was simply “being a little more responsible” amid one of the most difficult macroeconomic situations of the last decade.

At another point in the meeting, Pichai spoke about how cutting costs affected fun at work. She referenced the days when Google was “small and rudimentary” in her attempt to justify changes in company culture and benefits.

“I remember when Google was small and rudimentary,” Pichai said at the meeting, as reported by CNBC. “Fun not always, we should not always equate fun with money. I think you can walk into a hard-working startup and people can have fun and it shouldn’t always equate to money.”

The question about company perks is not without basis. For years, Big Tech employees at Google and elsewhere have benefited from mind-boggling perks, at least to us peasants. These include onsite massage therapists, cooking classes, at-home fitness, and art programs, according to the “Benefits” page on Google Careers.

It’s unclear if any of these buffs will go away, though some loot will go bye-bye.. Google officials who spoke at the general meeting told employees to expect smaller, more informal Christmas and New Year’s celebrations, specifically instructing them to “try not to overdo it.”

Regarding travel restrictions, some Google employees pointed out that it was contradictory to tell workers they had to follow the company’s return-to-office policy, but then also emphasized that there was “no need to travel” or “connect in person.” In April, Google announced that workers would have to be in its physical offices for at least three days a week.

Pichai said he understood that the new travel policy was not ideal. He explained that if seeing each other in person would help employees work better, they could do so from time to time.

“If you haven’t seen your team in a while and it will help your work to meet in person, I think you can,” the Google boss said. “I think that’s why we’re not saying no to travel, we’re giving teams discretion.”

In particular, Google officials said the company did not plan to make any changes when it comes to raises, equity and employee bonuses, noting that they would continue to pay employees at “the higher end of the market so that we can be competitive.” ”

Pichai echoed the sentiment, saying the company was “engaged.” drink employee care. That likely includes its top-earning executives, who in 2021 earned total compensation of between at least $14 million and more than $28 million, according to the parent company alphabet filings with the Securities and Exchange Commission. Pichai’s total compensation was $6.3 million last year.

The Google boss did not respond to employee questions on whether the company would cut executive compensation.

Gizmodo reached out to Google for comment on Saturday but did not receive a response at the time of publication.

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