Google employees get 10% raise as competition for talent intensifies
The pay raise, which reportedly takes effect in January, was described as an acknowledgment that Google must work harder to compete with other tech firms to attract talent.
Angela Cesere | AnnArbor.com
"While we don’t typically comment on internal matters, we do believe that competitive compensation plans are important to the future of the company," Google spokesman Jake Parrillo said in an e-mailed statement.
The competition for talent between Google and Facebook is particularly intense. It even affected Ann Arbor in 2009, when Facebook recruited Google's Ann Arbor site leader, Grady Burnett, to become its director of global online sales.
Google opened its Ann Arbor office in 2006 with plans to hire 1,000 workers by 2011. The firm, which received a tax credit from the Michigan Economic Development Corp. to support its local expansion, is far behind that hiring target but has said it continues to add employees. The firm recently renewed its lease for 80,000 square feet of space in the McKinley Towne Centre downtown.