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Mayer: Google's '20% Time' Does Not Exist - Business Insider

Mayer: Google's '20% Time' Does Not Exist - Business Insider: Mayer was announcing something called the CEO Challenge — an initiative where teams that came up with cool new product ideas would get spot bonuses of $250,000.�Mayer warned Yahoo employees not to work on CEO Challenge products instead of doing their regular work.

"It’s funny," she said. "People have been asking me since I got here, 'When is Yahoo going to have 20% time?'"

"I’ve got to tell you the dirty little secret of Google’s 20% time. It’s really 120% time."

She said that 20% time projects aren't projects you can do instead of doing your regular job for a whole day every week.�It's "stuff that you’ve got to do beyond your regular job."

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