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by mehrdada 2687 days ago
Cost cutting at Google is definitely a real thing and people who’ve been there have been feeling the downward slope for a while now (on a relative basis to Google itself in the past, and doesn’t say much about Google relative to the market), so it’s natural that some people are unhappier and some have left and will leave for various reasons including compensation. However, what’s media reporting here is the result of annual employee survey and the answer to a question along the lines of I’m happy with my comp at Google, which may or may not be a reliable predictor for actual attrition due to comp.

That said it’s amazing that the CEO pay at Google LLC is so high. He’s paid higher than say, Tim Cook, who runs a real public company with significant operations that need to run on time that require management and operation skills, not merely a LLC subsidiary whose operations are nowhere close to Apple. It’s not clear that the company gets enough bang for the buck.

1 comments

Google is the jewel in the crown for Alphabet, the only real source of profit in the whole operation. Whether that justifies his salary is another issue.
The point is Google LLC CEO is much more isolated from accountability to public shareholders of Alphabet Inc. than CEOs of public companies.
Bullshit. Who's been on the investor calls for the last few years? Sundar. It's not just that - Sundar is the public face of Alphabet (as it should be when Google revenues are 99.5% of Alphabet revenues).