[teratau]

Do you know if the 10% raise is automatically applied to the base salary of new hires as well?

I'm looking for a new job, and strangely, Google's base is about 10% lower than the base from my other offers (Apple, Facebook, Zynga, LinkedIn), rather than 10% higher.

Also, to add my own datapoint: I'm four years out from undergrad at an elite school, and Google offered me $120k base and 500 stock units over four years. My recruiter said that given the way annual bonuses work (15% bonus if you perform average, all the way up to 15% * 3.5 = 52.5% if you're extraordinary), I should haven't have much trouble getting about a 30%-35% bonus. So my expected annual salary from base, stock, and bonuses is about $120k + 125 stock units * $600 (which is what Google is currently trading at) + 30% * $120k = $231,000.

If I'd joined Google right out of school, I expect this would be even higher, since I would have received the 10% raise last year (and also, I've made a series of poor career decisions to join no-name startups that I think have kept my current base salary lower than normal and made me a little less desirable). Pure speculation, though.

[littledanehren]

Tell your Google recruiter about your competing offers, especially if you're considering choosing another job on this basis.

[teratau]

Ah, I did, and he slightly more than tripled my RSUs (from 150 to 500), but left my base the same. Which is also weird since that base is lower than my current one.

[anothermachine]

That's about $50K/yr, assuming a 4-year vest and today's price range. Nice job.

I assume they give out RSU more than cash because it's a better-aligned incentive (both in motivations and risk profile), and it makes your x% raise cheaper next year.

[tensafefrogs]

Yes, it is. They just increased their pay scales by 10% across the board forever.

[raldi]

The 10% is factored into new offers.