At Google, any employee can give anyone else a $175 cash award, with no management oversight or sign-off required. In many organizations this would be viewed as madness. Wouldn’t employees cut side deals to exchange awards? Wouldn’t they game the system to earn thousands of dollars in extra income?
Still doesn't quite feel right to me.
Didn't see data saying that peer bonuses were helping/good at google. I'll bet they just know that they can't take it away.