Google pay for performance

Apple
Dr.OZ

Go to company page Apple

Dr.OZ
Dec 22, 2016 35 Comments

Hello everyone, my wife just recieved a job offer from Google and was surprised that the base salary is around 8k less than what she earns now. They did increase the annual target bonus compared to where she works now by 13k per year and they gave her around 40k per year in stock for 4 years compared to her current unvested stock which is around average 22k per year.

Now the recruiter mentioned that her base salary was calibrated versus what the market value is for that position. The recruiter indicated that Google is a pay for performance company and if she is a high performer her base salary can increase significantly in a short time.

The question I have is for googlers and ex-googlers what is your thought on this pay for performance? Is it true that she can see a bump if she is a high performer? Would it make sense to accept that offer?

She is in product management and they did include a sign on bonus of around 20k.

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TOP 35 Comments
  • Facebook
    Jackanapes

    Go to company page Facebook

    Jackanapes
    Don't believe anything the recruiter says unless it's in writing.

    "High performer" means significantly above average for the role, which is rare for at least the first year. If she meets expectations but doesn't exceed, the salary increases will be negligible.

    When I was at Google, after a year, my "meets" rating earned me a 2.5% raise.
    Dec 22, 2016 2
  • Google / Eng
    var

    Go to company page Google Eng

    var
    Google negotiates only with competing offers. And pay for performance will really depend on the team and the manager.
    Dec 22, 2016 3
  • Google
    tye54

    Go to company page Google

    tye54
    I love pay for performance. Really strong performance reviews and my comp's gone up 60% in 18 months after stock refresh, stock performance, and raises.
    Dec 22, 2016 5
  • Google
    HTjF33

    Go to company page Google

    HTjF33
    I was in a similar situation when I started, but didn't appreciate quite how many rsus you get when you perform, how the bonus /annual rise is more or less guaranteed & how much all the accumulated grants vesting mean over time. my year one total comp was about $160k. this year (yr 3, one promo and one job move later) it's over $400k. the benefits (health, dental, etc) are pretty great too.
    Dec 22, 2016 1
  • if Google is pay for performance company then they should match your salary and then decrease or increase shortly based on performance
    Dec 22, 2016 3