Tech giant Google has told employees it does not intend to adjust salaries across-the-board to match inflation, according to audio of an internal Google meeting obtained byThe issue was raised at a special meeting Tuesday when the CEO of Google's parent company Alphabet, Sundar Pichai, read a question from staff, according to CNBC. Frank Wagner, Google's vice president of compensation, responded to the question.
Wagner acknowledged concerns about high inflation but said pay increments would be performance-based, CNBC reported."We don't have any plans to do any type of across-the-board type adjustment," he said. Even though Google is not committing to pay hikes matching inflation, the tech giant has been rolling out a series of benefits in the past year after a company survey indicated a decline in employee wellbeing amid the pandemic,Just yesterday, Google said it would give global staff an additionalGoogle did not immediately respond to Insider's request for comment but told CNBC in a statement that employees receive bonuses and equity in their compensation packages as well.
The development at Google comes as the average American worker looks to receive their largest one-year pay increment since 2008, according to The Conference Board's Sign up for notifications from Insider! Stay up to date with what you want to know.
Not sure if they’re hurting that bad…..
Indirectly asking folks to pursue resignations, a certain percentage, to correct the books.
I wonder why
CNBC称，谷歌已告知员工，公司不会全面提高薪酬以应对通胀