14 DAY TRIAL // While most business companies have avoided a big celebration or lavish Christmas party, The Go Daddy Group has gone all out for its employees this holiday season. After experts from Inc.com and Domain Name Wire have estimated the companies’ earnings at around $600 million, at this year's Christmas party, Bob Parsons, Go Daddy's CEO, announced that the group “topped $750 million in revenue in 2009.”
Mr. Parsons also made it very clear that because the company did so well and while the rest of the economy flunked in all other domains, its employees deserve all the credit and didn't spare any dime for their entertainment. Topping last year's figures with a 22% growth, the company broke its 2008 record of $2 million dollars for its Christmas party with this year's price tag of $3 million.
Also, because of this year's record-revenue, it donated about $2.5 million to charity, topping last year's $1.7 million. Most of the money ($500 000) went to the creation of the "Danica Patrick GoDaddy.com Domestic Violence Center," which will be built as a wing at the Phoenix UMOM New Day Center.
$100 000 also went to the renowned “Make-a-Wish” Foundation, to help in granting 20 wishes for ill children with terminal diseases. Employees contributed too, by bringing unwrapped toys, which will be used for the “Season for Giving” charity campaign.
This event comes to no surprise for Human Resources experts, Go Daddy being voted six years in a row as the best place to work in the Arizona region. Go Daddy is also one of the rare companies still expanding their work-force these days, announcing the opening of 100 new jobs with the group.
This increase in revenue has come in a year when The Go Daddy Group has made significant investments, most notably an European Data Center that opened this autumn.
