4 ms·
Facebook was the company that broke the cabal based on everything I've heard from friends at these companies. I think it actually started a little before 2011,
by aliston 13y ago
Facebook was the company that broke the cabal based on everything I've heard from friends at these companies. I think it actually started a little before 2011, more like the end of 2009, early 2010. Facebook was (obviously) not averse to poaching employees of other companies, and was particularly good at hiring ex-Googlers by offering large stock grants and relatively high salaries (~150k + 100k+ in options) for someone with 2-3 years of experience out of school. Google made some jaw dropping counteroffers to those who left and gave everyone a large raise and bonus at the end of 2010 as a result of the increased competition.
- hkmurakami 13y agoI wonder how much things have increased beyond the initial 10% pay bump in 2010: http://blogs.wsj.com/law/2010/11/10/on-googles-10-percent-pay-hike-and-antitrust-law/ http://blogs.wsj.com/law/2010/11/10/on-googles-10-percent-pa...