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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comments
"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.