4 ms·
> If successful, the state would collect 75 percent of the penalty, while the rest would be paid out over to the company's 65,000 employees. Since there are 12
by alexbanks 10y ago
> If successful, the state would collect 75 percent of the penalty, while the rest would be paid out over to the company's 65,000 employees. Since there are 12 alleged violations in the suit, the maximum fine could amount to $3.8 billion, with each employee getting about $14,600.
14k per employee. That's quite a payout.
- bobedybobbob 10y agoIs that global or just the employees in California?
- londons_explore 10y agoIt won't apply outside the USA. International people never get such payouts, yet get the same treatment
- vitus 10y agoThat said, the headcount reported in Alphabet's last quarterly statement to investors was ~69k, but it depends what this 65k figure includes (temps / vendors / contractors? interns? past employees?). If it's just straight-up fulltime employees, then that's certainly not just California. And the payouts might vary from state to state -- a number of these claimed labor violations cite California law. (Of course, I'm doubtful that any general payout is coming around.)
- deleted 10y ago[deleted]