Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»Compensation & Benefits»No blanket pay adjustments for Google staff
    Compensation & Benefits

    No blanket pay adjustments for Google staff

    HRK News BureauBy HRK News BureauDecember 13, 20212 Mins Read2547 Views
    Share LinkedIn Twitter Facebook
    Facial-recognition Google
    Share
    LinkedIn Twitter Facebook

    Media reports reveal that Google has no intention of adjusting the salaries of all employees for inflation.

    While several companies have been adjusting salaries organisation wide in accordance with inflation, which is rather high in the US right now, tech major, Google, has no intentions of doing so.

    Google staff do enjoy bonus and equity as part of their total salary, which also comprises significant benefits and flexibility.

    Alphabet, the parent company has witnessed a rise in stock prices over the last year. In fact, it recorded profits to the tune of $18.9 billion for the fifth consecutive quarter. It also posted record revenue of $65.1 billion for the second consecutive quarter in October.

    At a virtual meeting, where Sundar Pichai, CEO, Google and Frank Wagner, VP- compensation, Google were addressing employees’ queries about increments, Wager apparently told them that Google would prefer to pay as per performance instead of making adjustments for inflation. The Company will try to pay competitive remuneration but will not make any organisation-wide adjustment in salaries.

    This week, employees will get to know what their compensation for the coming year will be, as letters to this effect will be issued.

    The US is facing an acute shortage of labour right now, with millions quitting their jobs to leverage the opportunities being thrown up as the economy is on its way to recovery and businesses are opening up.

    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    19 − 15 =

    Related Posts

    Agilisium gifts Hyundai Creta cars to all its long-serving employees

    June 16, 2025

    Retirement benefits of govt staff can be forfeited under certain conditions

    May 30, 2025

    Emirates posts record profit; shares success with employees

    May 11, 2025

    Cellecor Gadgets introduces ‘Pink Leave’ prioritising women’s menstrual health

    May 5, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    How Raymond stitched tradition to transformation

    June 17, 2025

    Why career progression no longer needs a managerial badge

    June 16, 2025

    The truth about lies: Why résumé fraud has become an epidemic

    June 13, 2025

    Redefining recognition: Why the future of HR leadership lies with rising stars

    June 12, 2025
    Latest Post

    Gujarat boosts housing infrastructure for Tata’s semiconductor workforce in Dholera

    News June 17, 2025

    To support India’s first semiconductor fabrication facility being built by the Tata Group in Dholera,…

    Malaysia to train 10,000 workers in emergency aid for high-risk industries

    Global HR News June 17, 2025

    Malaysia’s Ministry of Human Resources has announced a nationwide initiative to equip 10,000 workers with…

    TCS’ strict project-allocation policy to maximise workforce engagement

    News June 17, 2025

    Tata Consultancy Services (TCS) has introduced a new associate deployment policy that requires employees to…

    Amit Kejriwal joins Tata Digital as head of total rewards

    Movement June 17, 2025

    Tata Digital has appointed Amit Kejriwal as the new head of total rewards, effective 14…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.