Google’s annual employee survey, internally called Googlegeist, revealed that a growing number of employees do not believe their compensation packages are fair or competitive with what they might earn elsewhere in a similar function. They also doubt their owner’s ability to perform their duties.
According to reports, the company’s overall data, as well as specific divisions including Cloud, Search and Advertising, revealed that compensation and execution received the lowest marks across the board, while Google’s mission and values received the best.
According to CEO Sundar Pichai, who announced the results in a brief email to employees, the survey is “one of the most important ways” for the company to assess how much people appreciate working at the company.
However, Google also plans to return most of its employees to actual workplaces at least three times a week. After working remotely for two years due to the pandemic, work at the physical workplace will resume on April 4.
unsatisfactory factor
Only 46% of those surveyed believed that their overall salary was competitive compared to similar jobs at other organizations in the United States—a 12-point drop from a year earlier.
A large percentage, 56%, feel their pay is “fair and equitable,” a drop of eight points from the previous year, while 64% of employees felt their pay reflected their performance, a three-point drop.
As reported, a Google spokesperson however said that the company has always offered competitive pay in terms of income, equity, time off as well as a variety of perks and value employee feedback and will continue to ensure That Google pays employees fairly everywhere they work and helps them advance their careers in the corporation.
Google executives have been forced to face the issue of pay lately. Google’s vice president of compensation, Frank Wagner, addressed concerns about rising inflation and whether the firm would provide any sort of increase at a unanimous meeting last December.
According to Wagner, Google will not implement a blanket increase to keep up with inflation.
Of all employees surveyed, 74 percent said that Pichai inspired them with his vision of what the firm can be, while the same percentage said his decisions and strategy enable Google to do a good job.
Additionally, only 54% of cloud employees believed the promotion process was fair, a decrease of two percent from a year ago.
satisfactory factor
Employees are pleased with Google’s ability to meet its objective of organizing the world’s knowledge and making it widely accessible and valuable, according to survey results.
While Google’s mission was to achieve a 90% approval rating, it turned out to be 85%.
However, 96% of employees who worked under Prabhakar Raghavan, who oversaw key businesses including search, advertising and commerce, believed that Google’s products were useful in people’s daily lives.
Additionally, most employees feel that their approach is appreciated at Google. In this case, Pichai believed that “employee welfare” and “culture of respect” were two areas where the organization made progress.
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