Google CEO Sundar Pichai said Google’s annual survey is “one of the most important ways” the company can measure the employees’ satisfaction.
According to Google’s internal employee survey, “Googlegeist”, which has come up with mixed reactions as per the media reports. Some positives and some negatives.
According to the survey, some Googlers are not very happy with their compensation structure point and they feel that they can earn more in other companies for similar types of roles and responsibilities.
It was also found that compensation, promotions, and an ability to meet career goals were among the top concerns for employees. On the other hand, employees were happy with the company’s ability to carry out its mission and values.
The survey shows, the percentage of employees who think their compensation is competitive, the percentage who think their pay is “fair and equitable” and the percentage who say their performance is reflected in their pay. A Google executive said employees receive top compensation.
As per the survey results, 46 per cent of employees feel that their salaries are not competitive compared to other companies in the United States.
Although, this number has dropped 12 points down from the last survey. Though people who believe that their salaries are equitable and fair are higher with 56 per cent, the percentage has dropped by eight points compared with last year’s results.
The internal survey also revealed that only 54 per cent of cloud employees feel that promotions are fair. This number has seen a decline of two points from last year. CEO Sundar Pichai received a favourable rating of 86%, while about three-quarters of workers said Pichai inspires them.
“We know that our employees have many choices about where they work, so we ensure they are very well compensated,” a Google spokesperson said in a statement. “That’s why we’ve always provided top-of-market compensation across salary, equity, leave, and a suite of benefits.”
The survey that was released earlier this month revealed that the reason behind workers are quitting the company is pay dissatisfaction but Google executives have made an announced late last year they wouldn’t raise pay to match inflation even as its revenue continued to rise.
