Googler Offered $3.5M to Turn Down Facebook
That's on top of all of the other awesome perks Google staffers get.
It's a common trick of the trade. You're looking for a raise but your employer won't give you one. So, you tell them you're going to go work for a competitor, hoping they'll so scared of losing you to the competition, they'll offer you more money to stay. Well, I don’t know if that was this Googler's plan when he told his employer that he had been offered a job at Facebook, but he definitely got offered a very handsome bonus to stay in Mountain View.
TechCrunch reports that Google recently offered a staff engineer $3.5 million in restricted stock to stop him leaving for Facebook. It's not clear whether or not this person had already received a job offer from the biggest social network in town, but Michael Arrington writes that he was being "heavily romanced" by Facebook.
TC reports that this isn't the first time this has happened. In fact, though the search giant won't make a nice counteroffer for everyone trying to leave, Google will often go to great lengths to stop staff leaving for the likes of Facebook, Twitter and even LinkedIn. By the sounds of things, this particular deal is bigger than the rest. That $3.5 million in restricted stock will vest over time, so it's not surprising to learn that the engineer reportedly accepted and stayed at Google. Wouldn't you?
Read more about Google's method of retaining engineers and other valuable members of staff on TechCrunch.
Source: TechCrunch
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god i need to work for google so bad. so bad.
god and that dude just got a pay raise...($&(*^# GOOGLE IS AWESOME
Send him packing....as they're ALL over paid to sit & stare out the window watching the clouds blow by!
Its moronic if you ask me.
Call me crazy but i would want a job i like and if i got a job i like i would not want them to pay me 3.5 million while my annual income is probably already above 25x the average and half the world is turning every penny. This here is a prime example of capitalism and the 70% of us that do have to turn penny's should feel raped in the butt for using google.
Now i am not to sure about those percentages so i am going to google them now.
Facebook counter-attack: $3.6 mil.....
Amazing thing is that Google can afford those huge payments.
Hell, I'd take that, and I'm not a fan of Google!
Man, if I ever needed confirmation that my idea to offer up "startup worthy" developers from Latam had legs, this was it. http://ow.ly/399qw
he must be talented.
*applies to google*
He probably knows the company secrets.
I tried that tactic once... wound up with out job...
Nice to see tech jobs get paid proportional to its benefit to society.
finally they give the people who do all the technical things the money they deserve!!! the more talanted people in the industry are worth so much more than they usually are paid!!
I tried that tactic once... wound up with out job...
Yeah, I had heard that was a bad thing to try, cause if you're important to something that's going on they might let you think it worked. But then when it's done so are you..
they'll so scared
I would have readily agreed on half that amount...
tomorrow that guy gets a offer from FB 100 million...
@^$#% that guy is damn lucky!!! lol
Is anyone else picturing Facebook sending cocaine and high class prostitutes to snort it off of to his door?
On a serious note I think this goes to show you how important a person can be in a corporation and that individuals can play key roles in them.
If this guy is that hard of a worker and is indeed that important then he deserves whatever he gets.
Perhaps Facebook should hire Jane to do the recruiting job for them.
She showed how persistent and charming she can be at CES.
Good for this engineer. At least he's smart enough to realize how filthy rich Google is and knows how to leverage his skills for compensation; the size of this incentive just shows him how underpaid he was. Most employees would continue on being underpaid for fear of unemployment.
Damn, I'm lazy and stupid and I never catch any breaks!
He could just get fired after he has completed whatever project he may be working on. I don't think this is a great tactic. When you inform/threaten to leave and decide later to stay because management asked you to or because you got some incentive, I believe they just want you to stay until the job is done. After that, if they have no reason to keep you they'll let you go.
3.5 M
Hmm
You really think Software developers just sit around watching clouds all day...?
You really think Software developers just sit around watching clouds all day...?
I doubt he's a software developer... they usually don't get paid that kind of scratch...
Facebook is a fad, google will be around much longer
thought Googler is the name of a startup company. Facebooker sounds awful too.
He could just get fired after he has completed whatever project he may be working on. I don't think this is a great tactic. When you inform/threaten to leave and decide later to stay because management asked you to or because you got some incentive, I believe they just want you to stay until the job is done. After that, if they have no reason to keep you they'll let you go.
Does it really matter when you've got 3.5 million worth of Google stock in your pocket?
"I tried that tactic once... wound up with out job..."
You can only do this if you've made yourself difficult to replace, such as writing some highly complex code that only you fully understand, to the extent that your team-mates cannot easily maintain it.
OTOH, if you're some punter taking tech-support calls at a call center that has high-turnover anyways, you can bet they won't care if you leave, even if you were doing a good job.
WOW...must be nice to be loved!
While the rest of you argue about the amount this guy is being compensated to stay with Google, I think the bigger story is that Google is paying so much to keep talent AWAY from Facebook. If this isn't proof they are developing their own social site to compete I don't know what is.
As for the guy being compensated so much, who cares? If your talents can wage that kind of cash then good for you. Don't hate the player, hate the game.
It's called capitalism baby! Go get what you are worth from your employer, or go start your own business.