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Thursday, August 9, 2012

Google's Death Benefits

Google is famous around the tech world, and beyond, for the many perks that it offers it's employees. Free meals, haircuts, bikes on campus, etc. but did you know that Google also offers death benefits? Not the kind that you get through your paid group insurance policy...

According to Forbes writer Meghan Casserly "Should a Googler pass away while under the employ of the 14-year old search giant, their surviving spouse or domestic partner will receive a check for 50% of their salary every year for the next decade." in addition any surviving child receives a monthly allowance of $1000 until their 19th birthday or their 23rd birthday if they are a fulltime student.

Chief People Officer Laszlo Bock says “But it turns out that the reason we’re doing these things for employees is not because it’s important to the business, but simply because it’s the right thing to do. When it comes down to it, it’s better to work for a company who cares about you than a company who doesn’t. And from a company standpoint, that makes it better to care than not to care.”

I completely understand that we should not expect such benefits from all companies, yet there is a lot of room out there for doing things because "...it's the right thing to do." I feel extremely fortunate to be working for a company that also thinks along these lines, while we are 1000th the size of Google, we are very much a family.

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