Verily cancels spot bonuses and redirects money to diversity efforts - Business Insider

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LEAKED MEMO: Alphabet's healthcare unit Verily suspended bonuses mid-pandemic to fund diversity programs instead, frustrating employees

Join BI PrimeGoogle sister company Verily Life Sciences has suspended employee spot bonuses for the remainder of 2020. It says it will redirect the money into diversity and inclusion programs instead.

Employees told Business Insider the decision is "demotivating" at a time where they are working around the clock on Verily's COVID-19 screening and testing efforts.Visit Business Insider's homepage for more storiesGoogle sister company Verily Life Sciences has told employees it is suspending spot bonuses through 2020 and will redirect the money to diversity and inclusion programs.

Staffers in Verily's division in charge of screening and testing for COVID-19, Project Baseline, have written to management asking for spot bonuses to be reinstated. "These programs should be invested in their own right given our strong financial position," reads the letter. Employees have asked Verily's leadership to provide company milestones for all of its diversity and inclusion efforts and to fund them through traditional company funding sources.

 

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