Google will pay more to its staff

As reported by website Silicon Alley Insider, who cited a source familiar with the case, Google is increasing a pay for its staff by 10% at the start of next year.

Google CEO Eric Schmidt reported the company’s more than 23,000 employees of the raise by email, according to the Wall Street Journal report.

Silicon Alley Insider reported that Google is giving all its employees a $1,000 holiday bonus in addition to pay increases of at least 10 percent.

"While we don't typically comment on internal matters, we do believe that competitive compensation plans are important to the future of the company," a Google spokesman said in an email.