Saturday, April 16, 2005

" We don't want pay raise"

March ... It's time of the year again
... performance appraisal .. salary review .. performance bonus
while some are delighted .. some are satisfied .. some are somewhat fine with it .. some are not so enthusiastic about it .. some are downright demotivated.
me? not in the first 2 group loh =)
perhaps I didn't give my 100% gua (what's 100% btw? =)
perhaps my EQ not that good gua (that I offended the lady boss)
perhaps there are many more perhaps ...

while most of us are looking forward to promotion or at least pay raise,
these 3 extraordinary guys : Brin, Page & Schmidt
reduced their individual salaries to USD 1 last year & rejected recent attempt to give them a raise.
why ah???

guess this is the 'why'
they are already billionaires who are Google Inc largest individual shareholder with over 2/3 of voting power. Already pocketing enough passive income to last them a lifetime, so why not make their salaries (money) work harder for them ... channel it to motivate their employees to work harder for organisation which in turn benefit them ;)

No comments:

Related Posts with Thumbnails