Google fights to keep top employees

Posted: November 11, 2010 in Uncategorized

With social media and everything Internet taking the world by storm, a new type of competitiveness has evolved among companies: the fight to keep the best and brightest of innovative minds.

In an article by CNN today, competitors such as Facebook and Youtube are snatching up Google employees left and right.

Of the roughly 2,000 Facebook employees  around 15 percent list Google as a past employer.

Google has lost some of it’s most prized employees recently, including YouTube co-founder and CEO Chad Hurley, AdMob co-founder Omar Hamoui, and Google Maps and Wave creator Lars Rasmussen.

How is Google combating this? In a time where most employers are cutting costs, decreasing raises and minimizing bonuses, Google is actually doing the opposite. In fact, all employees received a 10 percent pay raise.

Maybe this will keep their workers happy enough to not leave for the other like-minded companies in cyberspace.


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