of feeding the beast, but they’re everyone’s favorite recruiting pool right now. But plenty of Googler’s are heading to Facebook, too – LinkedIn is tracking 118 of them to date. For some Googlers, it’s paying off just to go get an offer from Facebook and then tell their employer – a counter offer is almost sure to come, and it may be stratospheric.

One recent Googler, we’ve confirmed, was recently offered a counter offer he couldn’t refuse (except he did). He was offered a 15% raise on his $150,000 mid level developer salary, quadruple the stock benefits and…wait for it…a $500,000 cash bonus to stay for a year. He took the Facebook offer anyway.

Sources close to Google tell us that about 80% of people stay when they’re offered a counter to a Facebook offer. But some still leave. Part of that may be that Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of years. No guarantees, yadda yadda, but hey if you get 1/10 of 1%, that’s $100 million in stock. Now it’s a party.

Google isn’t making these kind of counter offers to everyone, but it’s not a one off, either. It seems to me that every Google engineer at least should be taking a personal day to go collect a Facebook offer. Even if it’s just to get a counter offer from their current employer.

0 0
1 1

8 8

Authors: Michael Arrington

to know more click here