Stock Groups

Google employees growing unhappy with pay and promotions, survey shows

[ad_1]

Sundar Pichai (CEO Alphabet) gestures at a session of the World Economic Forum annual meeting.

Getty Images| AFP | Getty Images

As GoogleThe company plans to return most of its employees to work, but it is now facing an unhappy workforce when it comes down to important issues such as compensation and the ability to achieve career goals.

GoogleGooglegeist, an internal survey of employees that is called annually by Google, shows that staffers are increasingly questioning the fairness and competition in their pay. Their employer’s execution is also being questioned.

These surveys were conducted in January. They were then released to the employees last week. CNBC examined both company results and those of individual groups, such as search, cloud or ads. Execution and compensation were both the areas with lowest scores. Google’s mission, values and vision received the best scores.

The CEO Sundar PichaiIn a short email, the company informed employees that this survey was “one of our most important tools” to measure how people enjoy working for the company.

Google, like other companies in the tech industry, is committed to employee retention and happiness. Record numbers have been achieved. people in the U.S. are quitting their jobsExploring and exploring new opportunities. Google is about to launch. bringing mostGoogle’s employees are required to return to their physical workplaces at least 3 days per week. Google will reopen its offices in April after two years of working remotely due to the pandemic.

You are not happy with promotional offers

Respondents to the survey said that their compensation was not competitive with similar positions at other companies, but only 46%. It’s 12 points lower than the previous year. An even higher proportion (56%) said that their salary is fair and equitable, a decrease of 8 points over the previous year. A total of 64% employees stated that their performance was reflected in the pay they receive, a drop of three points.

Google representatives did not respond to requests for comment. Business InsiderSome of these results were reported previously.

Google executives were forced to deal with pay recently. The an all-hands meetingFrank Wagner, Google’s vice president for compensation, addressed concerns over rising inflation in December and offered his opinion on whether any increase would be provided by the company. Wagner stated that Google will not provide a general increase to meet inflation.

Meanwhile, revenueAs the market continues to rise, executive pay has increased. bumpsAnd the stock price was at an all-time high in November. It then fell with the rest.

Employees still gave Pichai a positive rating of 86%. However, some more precise questions regarding Pichai received less flattering answers. Pichai’s vision for the company was praised by 74% of respondents. The same percentage said that his strategies and decisions enable Google to achieve great work.

Prabhakar Raghavan, who oversees key businesses including search, ads and commerce, noted in an internal email that 61% of employees see themselves as able to meet career goals at the company and said, “there’s work to be done.”

He stated, “We have to ensure that you achieve your maximum potential and keep learning and developing in your jobs here.”

Raghavan highlighted a 7% drop in Google’s execution views. He said, “That means we have to pay more attention to breaking down bureaucracy as well as ensuring that we can act promptly when necessary.”

Thomas Kurian is the chief executive officer for cloud services at Google LLC. He spoke during the Google CloudNext ’19 conference in San Francisco (California), U.S.A. on Tuesday, April 9, 2019. It brings together experts from the industry to talk about cloud computing.

Getty Images| Bloomberg | Getty Images

Thomas Kurian, the CEO of Cloud Division, also observed a decrease in execution and stated in an email that “barriers to decision making” still exist.

Kurian’s division faces similar problems to the parent company. The cloud group’s employees say that the promotion process is unfair at 54%, which is a drop of 2 points from last year. Kurian stated that there are “a lack in criteria for promotion” and “lack transparency”.

Each Raghavan, Pichai received 84% favorability ratings.

Product and mission satisfaction makes employees happy

[ad_2]