A well-timed employee stock option exchange has delivered a generous windfall to nearly all of Google’s 20,000 workers–about $117,000.

Like many companies, Google has a tradition of giving holiday presents to its employees – an Android phone last year, $1,000 in cash net of taxes the year before. This year, they got Google’s soon-to-be-released phone.

The phone is not yet available to the public, so the gift could make some gadget aficionados jealous. But most Googlers got an early holiday gift far more worthy of envy.

Full Story Via nytimes.com

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