How a lot do Google’s CFO and these officers get wage, know

Google Wage Bundle: Google goes to extend the salaries of its 4 most senior executives, bringing their primary wage from $ 650,000 to $1 million. Which means their bundle has been elevated from about Rs 4 crore 84 lakh to about Rs 7 crore 44 lakh. Chief Monetary Officer Ruth Porat, Senior Vice President Prabhakar Raghavan (accountable for Google Search), Senior Vice President and Chief Enterprise Officer Philip Schindler and Kent Walker, President and Chief Authorized Officer of International Affairs Unveil a New Bundle for the US Securities and Alternate Fee (SEC) ) in a brand new firm submitting.

“Efficient January 2022, the fundamental pay of Porat, Raghavan, Schindler and Walker will every be elevated from $650,000 to $1,000,000,” Google mentioned within the submitting. Based on the submitting, all 4 executives are eligible to “take part in a bonus program as much as $2,000,000 yearly, based mostly on contributions to Google’s efficiency of social and environmental targets for 2022.”

Every particular person has been awarded inventory awards with goal values ​​within the hundreds of thousands of {dollars}. Porat can be awarded one tranche of Efficiency Inventory Items (“PSUs”) with goal values ​​of $5,000,000 and one tranche of Restricted Inventory Items (“GSUs”) amounting to $18,000,000.

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Based on the submitting, Raghavan can be given one tranche of PSUs with goal values ​​of $12,000,000 and one tranche of GSU within the quantity of $23,000,000.

Whereas Schindler could be given one tranche of PSU with goal values ​​of $12,000,000 and one tranche of GSU amounting to $23,000,000, Walker could be given one tranche of PSU with goal values ​​of $5,000,000, and one tranche of GSU amounting to $18,000,000. can be given.

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The pay hikes for prime executives got here after a prime Google govt mentioned in December that the tech big wouldn’t mechanically alter wages for all staff in response to inflation.

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