Article 5XFR8 Google Employees Bombard Execs With Questions About Pay at Recent All-Hands Meeting

Google Employees Bombard Execs With Questions About Pay at Recent All-Hands Meeting

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msmash
from Slashdot on (#5XFR8)
Google executives, facing a barrage of criticism from employees on issues related to compensation, defended the company's competitiveness at a recent all-hands meeting while acknowledging that the performance review process could change. From a report: The companywide virtual gathering earlier this month followed the release of internal survey results, which showed a growing number of staffers don't view their pay packages as fair or competitive with what they could make elsewhere. At all-hands meetings, Google CEO Sundar Pichai and other senior executives regularly read top submissions from Dory, a site where employees write questions and give a thumbs up to those they want leadership to address. The second highest-rated question ahead of the March meeting was about the annual "Googlegeist" survey. As CNBC reported, the lowest scores from the survey, which went out to employees in January, were in the areas of compensation and execution. "Compensation-related questions showed the biggest decrease from last year, what is your understanding of why that is?" Pichai read aloud from the employee submissions. According to the survey results, only 46% of respondents said their total compensation is competitive compared to similar jobs at other companies. Bret Hill was first to respond. Hill is Google's vice president of "Total Rewards," which refers to compensation and stock packages. "There's some macro economic trends at play," Hill said. "It's a very competitive market and you're probably hearing anecdotal stories of colleagues getting better offers at other companies."

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