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Google Makes Massive Counteroffers To Retain Employees

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11–20 of 65 posts

Re: Google Makes Massive Counteroffers To Retain Employees

#11
"If you're a Google employee and you aren't out interviewing at Facebook, Twitter or Zynga you are a moron"

This is why this has to be false. The precedent would be destructive. How many employees will go out looking for a job to use as leverage, not get a google counter offer, and just leave?

Re: Google Makes Massive Counteroffers To Retain Employees

#12
post #6
post #4

This isn't an April Fools post is it? I mean seriously, if you're willing to pay $50M or $100M to keep a single employee from walking, what happens if they die on their commute into work? What sort of risk are you carrying anyway? And I didn't think I could be amazed by 'Google scale' any more, sure proves I was wrong on that.

I agree that it's an outrageous amount of money, but it's not just a case of losing talent, it's also about losing trade secrets to a competitor. The $50M/$100M still sounds a bit out of whack.

> losing trade secrets to a competitor

Wouldn't this be illegal?

Re: Google Makes Massive Counteroffers To Retain Employees

#14
post #6

Earlier quoted context omitted.

I agree that it's an outrageous amount of money, but it's not just a case of losing talent, it's also about losing trade secrets to a competitor. The $50M/$100M still sounds a bit out of whack.

> losing trade secrets to a competitor Wouldn't this be illegal?

Yes, probably. Doesn't mean it wouldn't happen.

Re: Google Makes Massive Counteroffers To Retain Employees

#15
post #4

This isn't an April Fools post is it? I mean seriously, if you're willing to pay $50M or $100M to keep a single employee from walking, what happens if they die on their commute into work? What sort of risk are you carrying anyway? And I didn't think I could be amazed by 'Google scale' any more, sure proves I was wrong on that.

When I see this kind of money being offered, FB valuated at $75B, Groupon at $25B etc etc..I remember the 2000 IT Bubble. A lot of similar things happened then and it was scary

Re: Google Makes Massive Counteroffers To Retain Employees

#17
If all you get from your job is a (big) paycheck, then you are underpaid.

Yet, I know many artists who stretch their creative souls and struggle financially.

I think there is a happy balance but that is not static, needs to be readjusted as life unfolds, from young whippersnapper programmer to family comes first tech lead.

Re: Google Makes Massive Counteroffers To Retain Employees

#18
post #7

Since when did TechCrunch become a tabloid?

About 2007/2008 by my recollection.

http://news.ycombinator.com/item?id=181821

The subject of TC posts on HN has been a contentious issue for as long as HN has existed. I think there is still a pretty large contingent that thinks TechCrunch should have been banned just the same way Valleywag was.

Re: Google Makes Massive Counteroffers To Retain Employees

#19
post #4

This isn't an April Fools post is it? I mean seriously, if you're willing to pay $50M or $100M to keep a single employee from walking, what happens if they die on their commute into work? What sort of risk are you carrying anyway? And I didn't think I could be amazed by 'Google scale' any more, sure proves I was wrong on that.

I'm wondering if they failed to check the date on the email of their tip-off.

Extraordinary claims require extraordinary evidence.

I might be mistaken but I believe Sundar Pichai isn't an american national, in which case he'll be working on a visa. And in the US work visas require a public declaration of salary (the published data has the names stripped but frankly at a $50m salary I imagine he'd be easy to spot). So come paperwork renewal time we'll be able to see exactly how accurate TC are...

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