increases salaries to stem the flight to Facebook
According to a news release yesterday on Republic , Google would have granted a 10% increase in payroll to its 23 thousand employees to prevent recruitment drive among his talents by competitors and in particular on Facebook.
"Google grants a 10% increase in wages its 23 thousand employees in an attempt to prevent their escape to other companies. This was reported by the Wall Street Journal, citing several sources, according to which the increase will be effective from January. L ' increase, announced by CEO Eric Schmidt in a letter to employees, comes as it exacerbates the battle between Google and major competitors, especially Facebook to ensure that the talents of the company remain.
"We want to be sure that you feel rewarded for their hard work. We want to continue to attract the best people in Google "Schmidt notes in the message to employees, in which he explains that a recent internal investigation shows that Google's salary for employees is the most important component of pay. Google - according to rumors - he also began testing a mathematical formula to predict which employees most likely will leave the company.
Colin Gillis, an analyst at BGC Partners, believes that rising wages mean a clear impact on profit margins, and demonstrates the importance of keeping their staff "
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