The news of these death benefits — which was first reported by Forbes — also comes with “no tenure requirement,” which means each employee in its 34,000 workforce qualifies. It was put into place earlier this year.
Mashable confirmed with a Google spokesperson that the benefits don’t just stop at salary. The surviving spouse or partner of a deceased employee will also acquire vested stock benefits, and children will receive $1,000 a month until the age of 19. The timeline can be extended if the child is in school full time.
Although it might attract more candidates to apply for a position, Google said that is not the reason why it implemented the benefits — more potential hires would just be a side effect.
Do you think more companies should take a similar approach? Let us know your thoughts in the comments.
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