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(google employee here) One thing I have always wondered is if the raises Google employees received in 2011 were a result of the illegal collusion being uncover
by employee 13y ago
(google employee here)
One thing I have always wondered is if the raises Google employees received in 2011 were a result of the illegal collusion being uncovered and therefore no longer depressing salaries. The timing seems about right.
For reference: http://www.businessinsider.com/google-bonus-and-raise-2010-11 http://www.businessinsider.com/google-bonus-and-raise-2010-1...
(It was much more than 10% by the way, and by far the biggest raise I've ever received in my career)
It's beyond dispute that the raises were given for competitive reasons. (No, we didn't all get a raise because we were doing such a great job.) There was an uptick in Googlers leaving.
I suppose some of it had to do with Facebook, which was NOT part of the collusion. But I wonder how related the two events are, and if this issue will come up in a future class action lawsuit.
It's a pretty unprecedented event to give all employees at an enormous company such a big raise. A sudden shift in the job market caused by this defunct agreement could explain it.