Google Offers 300% Hike to an Employee to Stay

Mahek Baid
Mahek Baid February 20, 2024
Updated 2024/02/20 at 11:35 AM

During a discussion on the Big Technology Podcast, Arvind Srinivas, CEO of Perplexity AI startup, shared a remarkable incident involving a Google employee. When Srinivas attempted to recruit this talented individual for his startup, Google responded with an extraordinary proposal instead of a typical counteroffer or a respectful parting conversation. The tech giant offered the employee a 4x (300%) salary hike to prevent them from joining another company.

This move by Google is significant given the current workforce reduction efforts that have resulted in layoffs affecting thousands of employees worldwide. Despite these layoffs, Google demonstrated its commitment to retaining top talent by offering a salary increase that surpassed expectations. The fact that the employee chose to remain with Google speaks volumes about the company’s determination to keep its best and brightest onboard.

While the specifics of the AI startup’s offer to the Google employee remain unknown, the magnitude of Google’s response underscores its dedication to retaining top talent, even in challenging times. This event serves as a reminder of the fierce competition for skilled professionals in the tech industry and the lengths companies will go to in order to keep their most valuable assets.

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