When it comes to employee benefits, Google pretty much leads the pack. The tech behemoth’s remarkable portfolio of perks earns the company a spot at the top of Best Companies to Work For lists year after year. Life in the Googleplex is indeed special.
Now we learn that life after the Googleplex is pretty special too. In an interview with Forbes Meghan Casserly, Googles’s Chief People Officer recently announced that it now offers death benefits to its employees:
“Should a U.S. 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. Even more surprising, a Google spokesperson confirms that there’s “no tenure requirement” for this benefit, meaning most of their 34 thousand Google employees qualify.”
In addition to these benefits, “surviving spouses will see all stocks vested immediately and any children will receive a $1,000 monthly payment from the company until they reach the age of 19 (or 23 if the child is a full-time student).”
Casserly talks about this benefit and how it came about in greater detail, as well as offering more insight into the company’s strong commitment to family-friendly benefits, such as generous paid maternity and paternity leaves. While these benefits are helpful in retention. the company says the real reason is that it’s “… simply because it’s the right thing to do.”
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If you are looking for ways to sweeten your employee benefit package but feel stymied but tight budgets, ESI EAP offers the most comprehensive employee assistance benefit package, with nearly twice the benefits of the average EAP. To learn about the many benefits that ESI Employee Assistance Program can offer your employees, give us a call: 800-535-4841.