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Google Makes Massive Counteroffers To Retain Employees

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Re: Google Makes Massive Counteroffers To Retain Employees

#31

$3.5 million for a key employee I can deal with, but $100 million? It feels like absolute lunacy, if true.

If that's what we're worth in economic terms then that's what we should be paid. I'm all for rumors like this because I want to be paid for value. Should Lebron James work for free because he's playing a friggin' game for a living or should he be getting hundreds of millions of dollars because that's just a fraction of the revenue he generates?

Re: Google Makes Massive Counteroffers To Retain Employees

#32
Linking to public profiles: http://www.linkedin.com/pub/neal-mohan/0/278/520 http://www.linkedin.com/in/sundarpichai

I would expect a statement from Google on this (whether its an April Fool's joke or not). There is no way they can let their other employees think that 2 guys are making bank here. Its just not sustainable to let employees think that this is the way forward to negotiate salaries

Re: Google Makes Massive Counteroffers To Retain Employees

#33
post #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…

Just because someone is not an American national doesn't mean that they are on a work visa. If you google his profile, you'll see that he's been working in the US for a long time (long enough for him to have a green card by now)

Re: Google Makes Massive Counteroffers To Retain Employees

#34
post #19

Earlier quoted context omitted.

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…

I like where you're going, but it mentioned it was $50MM in stock, not salary.

I would like to believe that the US visa laws are insufficiently moronic to be defeated by such a ploy... can anyone confirm?

Re: Google Makes Massive Counteroffers To Retain Employees

#35
Multiple sources close to Twitter have said that someone with access to Twitter’s most confidential information, such as who they are interviewing for key executive spots, may be leaking that information directly to Google. In this case, Google may have acted on that information too quickly. And people at Twitter, say these sources, are steaming mad.

I wonder what google services twitter hiring execs and others use. In the "privacy is dead" age you seem to be able to find out an awful lot about an awful lot if you're willing to go out and piece together public data.And in the realm of open source intelligence gathering, it's unlikely there is a bigger king than google.

I wonder if multiple people at twitter can be found googling the googlers in the days or hours before they meet for a hiring discussion. My money would be on yes, and that's only one of many possible sources.When I was on campus in Redmond a few years ago I was pretty impressed by how tailored the google search ads and even some SERPs in terms of trying to poach from MS.

Re: Google Makes Massive Counteroffers To Retain Employees

#36

$3.5 million for a key employee I can deal with, but $100 million? It feels like absolute lunacy, if true.

If that's what we're worth in economic terms then that's what we should be paid. I'm all for rumors like this because I want to be paid for value. Should Lebron James work for free because he's playing a friggin' game for a living or should he be getting hundreds of millions of dollars because that's just a fraction of the revenue he generates?

The analogy is flawed. I'm not a basketball fan, but it sounds like James is the best living basketball player. No one else can do his job. You're claiming the same is true of a couple of mid-level product managers at Google? I don't buy it.

Re: Google Makes Massive Counteroffers To Retain Employees

#37

$3.5 million for a key employee I can deal with, but $100 million? It feels like absolute lunacy, if true.

If it turns out to be true, I will probably sell my Google stock. I'd always felt that it was a pretty safe holding, but any company that could piss away money like that is not one I want to hold.

More to the point, it's not your dividend they're taking, it's a direct dilution of the value of your shareholding. A small tax levied on all other shareholders.

Re: Google Makes Massive Counteroffers To Retain Employees

#39
post #32

Linking to public profiles: http://www.linkedin.com/pub/neal-mohan/0/278/520 http://www.linkedin.com/in/sundarpichai I would expect a statement from Google on this (whether its an April Fool's joke or not). There is no way they can let their other employees think that 2 guys are making bank here. Its just not sustainable to let employees think that this is the way forward to negotiate salaries

I think for share packages that large they'd need to make disclosures to the SEC, wouldn't they?
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