Will Google manage to keep its workforce from evasion to Facebook?

September 2, 2010 - 4:12am | News | Other themes |
| More
  
Will Google manage to keep its workforce from evasion to Facebook?

Targeting to cease employees leak to Facebook, Google has started offering money to keep its best workers. 

It’s well known that over the recent months, Facebook has been working hard to recruit talent from Google. Thus, Android Product Manager Erick Tseng left Google for Facebook.

That’s why Google started take the situation seriously, and is making some serious counter-offers to keep employees from going to Facebook.

According to some official source, one former Googler was offered a substantial 15% raise, quadrupled stock benefits, and a $500,000 bonus to stay for one year. This particular developer, and others, have still taken the Facebook deal for one simple reason.

Facebook is expecting an IPO soon. They haven't been making it official, but sources claim that Facebook is telling prospective employees that their individual stock benefits could be worth $100 million in just a few years.

So, Google is now facing a serious problem having lost 118 Google engineers,  that entered Facebook so far.

 

 




RSS feed Subscribe to Ecommerce Journal RSS feed

Tags keywords: employee | Facebook | google | recruitment
0 points

   Tell us what topics you want to be covered in the Ecommerce Journal?  
Image CAPTCHA
  


Comments on Will Google manage to keep its workforce from evasion to Facebook?




Similar Articles on Ecommerce Journal by sections

FIGURES
PAYMENT SYSTEMS
BANKS
PLASTIC CARDS
ECOMMERCE-CHECKED
INVESTMENT INDUSTRY
FRAUD
ANALYTICS
OTHER THEMES
INTERVIEWS
LAW ASPECTS