This is really unheard of in any
corporate. Is it going to affect and change the benefit policies of other
companies? I am not sure. In today’s time when Indian corporates are actually
trying to save cost and reduce benefits, which may be as basic as covering
parents under medical insurance, its really pleasing to see how Google is being
generous and showing the caring attitude towards its staff. I am sure, if not
all at least few of the top rung companies would like to have similar benefits
to show they really care for thier employees.
Google is going to introduce
generous death benefits for its employees here in India . For US employees of the
company, these benefits are effective since last one year.
- The family of deceased “googler” will get half of his salary for next ten years.
- Any stock options will vest immediately, means the bereaved family can sell or transfer the stock as per their own choice.
- $1000 per month will be paid to each and every child of the deceased staff uptill the child completes 19 yrs of age ( or 23 yrs, if he is pursuing full time education)
- All staff is eligible under this policy, irrespective of their joining date or designation.
Now I would definitely love to
die being a googler.
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