In a recent interview with Forbes regarding benefits for Google employees, Google Chief People Officer Laszlo Bock explained the company has recently announced death benefits for Googlers.
“This might sound ridiculous,” Bock told me recently in a conversation on the ever-evolving benefits at Google, “But we’ve announced death benefits at Google.”
According to Bock, spouses of Googlers whom pass away while employed at the company will continue to receive 50 percent of the employee’s annual salary for 10 years following. Children will also receive $1,000 monthly until they reach 19 (or 23 if they are a full-time student):
“One of the things we realized recently was that one of the harshest but most reliable facts of life is that at some point most of us will be confronted with the death of our partners,” Bock says. “And it’s a horrible, difficult time no matter what, and every time we went through this as a company we tried to find ways to help the surviving spouse of the Googler who’d passed away… “Obviously there’s no benefit to Google,” Bock concedes. “But it’s important to the company to help our families through this horrific if inevitable life event.”
Additional Googler benefits discussed in the interview include new fathers getting six weeks paid leave and new mothers getting 18 weeks paid following birth. So, why does Google go above and beyond with employee benefits? Bock explained:
“There is, of course, research that show employee benefit programs like ours can improve retention, and appear to improve performance on some level… But it turns out that the reason we’re doing these things for employees is not because it’s important to the business, but simply because it’s the right thing to do. When it comes down to it, it’s better to work for a company who cares about you than a company who doesn’t. And from a company standpoint, that makes it better to care than not to care.”