Google boss tells staff they do not want cash to have enjoyable

Google CEO Sundar Pichai sits in a red chair at Code Conference 2022.

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

Google CEO Sundar Pichai, who is one of the leading companies the richest companies in the worldHe most likely doesn’t want to talk about money with his employees while the big tech giant is in the thick of it Cost reduction and hiring slowdown. But since the staff have been asking, there’s one thing he wants them to do: Stop equating “fun” with “money.”

Pichai’s comments, made during an all-hands meeting with the entire company earlier this week, came to light in a new report from CNBCwho received an audio recording of the meeting. At the meeting, which Pichai held in New York with a live audience of Googlers, employees asked the CEO why the company was “nickel-and-dimming” them by restricting travel and cutting entertainment budgets and perks, especially at a time , in which the company had “record profits and huge cash reserves”.

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

At another point in the meeting, Pichai talked about how cost-cutting is affecting fun at work. He referenced the days when Google was “small and gruff” when trying to justify changes to company culture and perks.

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

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The question of corporate perks is not unfounded. For years, big tech workers at Google and elsewhere have enjoyed amazing perks, at least for us peasants. These include on-site massage therapists, cooking classes, at-home fitness, and art programs, according to the Benefits page. on Google Careers.

It’s not clear if any of these perks will go away, though some loot will say goodbye. Google officials speaking at the all-hands meeting told employees to expect smaller and more informal holiday and New Year celebrations, specifically instructing them to “try not to overdo it.”

Regarding the travel restrictions, some Google employees pointed out that telling workers to follow the company’s return-to-office guidelines was contradictory, but then also emphasized that “no need to.” travel” or “personal contact”. Back in April, Google announced that employees would at least have to be in physical offices three days a week.

Pichai said he understands the new travel policy is not ideal. He explained that if it would help employees work better, sometimes seeing each other in person could do that.

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

Google officials in particular said the company is not making any changes in terms of employee increases, equity and bonuses, noting that they would continue to pay employees at the “top end of the market” so we can be competitive. ”

Pichai echoed the sentiment, saying the company has a “duty” to look after employees. That likely includes top-earning executives, who the parent company says will earn total compensation ranging from at least $14 million to more than $28 million in 2021 The Alphabet files with the Securities and Exchange Commission. Pichai’s total compensation last year was $6.3 million.

The Google CEO didn’t respond to staff questions about whether the company would cut executive pay.

Gizmodo reached out to Google for comment on Saturday, but received no response at the time of publication.

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