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| 5/17 |
| 2008/2/29-3/5 [Industry/Startup] UID:49301 Activity:low |
2/29 google to move 1200 people to downtown sf
http://www.bizjournals.com/sanfrancisco/stories/2008/03/03/story1.html
\_ And we care because...?
\_ I was thinking that places downtown will double what they
charge for parking, and they'll get away with it since avg
Google salary is 200k.
\_ You know, top 200 employees make over several millions but
the MEDIAN base salary is still 100K/year. But I guess if
you average everyone out, it's probably 200K/year. Still,
ost people do NOT make 200K/year, I assure you. -G employee
most emps do NOT make 200K/year, I assure you. -G employee
\_ I bet the bonus you get makes up for this. Or maybe
your group is in charge of driving those buses around.
\_ Uh, no. Google gives lower base salary but higher
bonus. It's based on "meritocracy." When you add
up base and bonus, it's pretty much the same as
other big companies. Now if you add stock options
as an employee who joined prior to 2004, yes 200K
is not an unreasonable guess. But remember the company
more than doubled since 2004 meaning MOST employees
after 2004 do NOT make anywhere near 200K. It is a
sad myth that all G employees are rich. Many are,
most are not. -pp
ost emps do NOT make 200K/year, I assure you. -G employee
\_ Shouldn't employees who joined prior to 2004 with
pre-IPO options be super-rich by now? Even if the
option price was $100, they still made $300+ per
share with today's price.
\_ Yes and that is why more than 65% of them have
already left the company. Read the post above,
as the company size increases the suckiness
increases as well. Most of the employees today
do NOT make that much. The rich already left
for retirement, or the next big thing.
\_ Google is old news. |
| 5/17 |
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| www.bizjournals.com/sanfrancisco/stories/2008/03/03/story1.html The buildout of the space is both a model of sustainable office construction and a rare insight into what matters -- and what is considered superfluous -- in the Google ideology. On the extravagant side, the office will have one of Google's famous free gourmet cafs, which will weigh in at 4,400 square feet and -- at $918 a square foot -- will cost more than $4 million to construct. There will also be a plastic tubular slide which will whisk employees from the third to second floors along a curved staircase, an idea that was borrowed from the company's Zurich office, according to Mark Trento, a vice president of Skyline Construction, which is building the new Google offices. I've built out a lot of tenant spaces over the last 25 years and I've never built a slide." com account to link your valid print subscription and have access to the complete article. Become a Print Subscriber San Francisco Business Times For immediate access to this article, as well as the most recent edition of San Francisco Business Times online, become a print subscriber. SportsBusiness Daily 2008 American City Business Journals, Inc. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of bizjournals. |