November 2, 2009 3:36 PM PST

Google: You too could win millions in stock

by Tom Krazit
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Google is once again dangling incentives before engineers.

Google's Chrome browser earned its developers millions in stock bonuses.

(Credit: Google)

The company threw open its doors Monday to the engineering community Monday, announcing that it granted a Founders' Prize--"a multimillion-dollar stock bonus"--to the team that developed Google Chrome. "(The) future is shaped by small teams of creative people who want to make a difference. We're on the hunt for these kind of people -- let us know if you think you're one of them," wrote Alan Eustace, senior vice president for engineering and research at Google.

Google is still one of Silicon Valley's most generous companies in terms of employee perks, but Google's hiring slowed over the past year as the recession took hold and the company scaled back some of those famous extras. Google even was forced to cut employees in March, and has also suffered as a number of high-profile employees decided to seek (or expand) their fortunes elsewhere.

But CEO Eric Schmidt is ready to let the good times roll once again, announcing earlier in the year that Google was set to expand hiring and acquisitions, and backing up that confidence on Google's most recent earnings conference call.

Google also announced that Chrome now has 30 million active users. The browser trails market leaders Internet Explorer and Firefox by a wide margin, but it's growing faster than the competition.

Tom Krazit writes about the ever-expanding world of Internet search, including Google, Yahoo, online advertising, and portals, as well as the evolution of mobile computing. He has written about traditional PC companies, chip manufacturers, and mobile computers, spending the last three years covering Apple. E-mail Tom.
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About Relevant Results

Relevant Results focuses on the big Internet companies of our time, tracking the evolution of search, communication, and business on the Web. Tom Krazit examines how a shift to mobile computing and the growing demand for online content affect our understanding of how to deliver information in the 21st century, in between bemoaning the state of the New York Mets and searching for the perfect IPA.

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