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Google's work climate starts to suck due to envy on SEC filing

By root
Created 2005-01-10 15:47

Due to some regulatory issues SEC had to publish not only top buyers, but a few hundreds "Normal Googler's" that purchased share Pre-IPO...

And altough Google's stock grant policies have helped to create an estimated 1,000 new millionaires on paper, these public SEC filings have struck something of a nerve inside the company by offering an unusually candid look into the wealth of co-workers. That's creating unaccustomed tensions inside a workplace that has long projected an image of collegial egalitarianism to the outside world, some people said.

A rarely invoked securities law is requiring Google to publicly report stock sales of hundreds of its employees, rather than just a handful of top shareholders.

That has struck a nerve as colleagues - working side-by-side are now worth a million - or nothing - to the Google Corporation... - and that for a workplace that has long projected an image of egalitarianism.

It looks as if the fun time is over for Google with the IPO ... and that's what had to happen...


"It's created this asymmetry where some people feel more entitled than others."

Now do you sad for the millionaires or the "poor" googler's ? I guess not everyone that pre-purchased shared without knowing about it's colleagues share buying habbits can stand the envy that is now evident...

Google work climate probably started to suck - now at the latest !

And all that caused by effects of an "employee motivation share program" !

full & via at CNET [1]



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