How does this reflect on Google’s employee retention strategies?
This incident shows Google’s commitment to keeping its top talent. Despite recent layoffs affecting thousands of employees globally, Google proved its readiness to offer a significant salary increase to a key employee. This move underlines the value Google places on its workforce and its willingness to go to extraordinary lengths to prevent them from joining competitors.
Google’s Strategic Move: A 300% Pay Hike to Retain Employee From Joining Rival AI Company
Google has reportedly offered an unprecedented 300% pay hike to dissuade an employee from joining a rival artificial intelligence (AI) company. This incident has brought to light the lengths to which companies like Google will go to retain their top talent.