(RSS)Wise Advice to Google
Google, watch out! You may have hell to pay!
In my experience, giving a perk is easy, but taking it away never is. Right now, you’re enjoying being out in front, with nobody causing you to have to stretch and manage efficiently. Someday, that may change. And, if it does the fancy busses, 8 months paid maternity breaks, and free gourmet food, just to name a few, may have to be reconsidered.
Although, you will likely remain among the best paying employers, and offering a creative environment, you’ll find out fast, that employees don’t like their perks taken away. It’s called entitlement, and you’ve spoiled ‘em. Best of luck, you’re going to need it if your business environment changes.
Universal Accounting is a great environment to work in, even without all the extra perks. We understand that whatever perk we give, it better be one that we’re willing to stand by in good and bad times. Because in tough times, we need the employee’s loyalty and support even more than in good times – when times are tough is a bad time to start taking things away.
Posted: August 11th, 2009 under Uncategorized.
Comments: 2
Comments
Comment from Drew Petersen
Time: August 11, 2009, 10:06 am
Very interesting point, Mr. Bostrom. You are so right! There are big entitlement problems where my wife works. Unfortunately, I think it’s just human nature that we become entitled. It takes a level-headed person to realize that unless he/she is the owner of the company, all he/she is really entitled to is a safe place to work and the agreed upon compensation for work performed. The line between perks, and employee rights gets blurry sometimes. Humbling, but true.
Comment from John Thomas
Time: October 10, 2009, 5:01 am
The problem at the moment is that Google has too much money and they don’t know what to do with it.
So they either spoil their employees, which as you pointed out is going to come back and bite them, or by out startups and other companies, expanding the risk of creating an HR monster.
Because they have so much funds, they can buy out any ‘potential’ competitors so I don’t see their position as a leader change any time soon.
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