Google has revised its compensation processes to prioritize high performance, particularly in the competitive realm of AI talent where salaries can reach $340,000 for software engineers. The changes, influenced by trends at other tech firms like Meta and Microsoft, include new employee ranking methods in yearly reviews. While precise salary data remains confidential, work-visa filings provide insights into pay. Internal reporting by employees indicates that, despite significant salaries, many still feel undervalued in comparison to market rates.
As the AI talent wars rage on, Google and other tech giants are shelling out top dollar to lure top talent. Software engineers can take home salaries like $340,000.
Google has made changes to its compensation processes in recent months as others in the tech industry - like Meta and Microsoft - have sought to weed out low performers.
In April, the search giant changed the way it ranked employees in their yearly performance reviews. Its head of compensation told staff that 'high performance is more important than ever.'
Many Google employees reported feeling underpaid despite relatively high salaries, as indicated by an internal spreadsheet where thousands self-reported their 2022 pay.
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