A mild correction: it was an effective 10% bump. Google used to have an individual and company multiplier to the bonus which could top out to 25%. The company h

A mild correction: it was an effective 10% bump. Google used to have an individual and company multiplier to the bonus which could top out to 25%. The company had repeatedly hit the 25% company multiplier and had strong feedback that the employees preferred predictability in pay. So, they gave a 35% pay raise and phased out the company multiplier. It also happened in October 2010, which I think was before the wage fixing was discovered (I know the dates because it was after I signed and before I started. Any time I tried to negotiate on salary they countered on stock because they knew salary was going to multiply by a third)