BUSINESS

To keep a worker who wanted to move, one employer gave a 300% raise at

Google is well known for its technical ingenuity, but an employee’s compensation boost of 300 percent? It’s feasible, particularly with businesses like Google. You may have heard of raises of 50% or perhaps somewhat more, but 300 percent is just too much, particularly given how important the employee was to Google. The hire was revealed by Arvind Srinivas, the CEO of the US-based business Perplexity AI, on the Big Technology podcast, which is hosted by Alex Kantrowitz. Aravind Srinivas claims that the individual who received a raise belonged to the “search team” and had no official authority over the business’s artificial intelligence branch.

Google CEO Sundar Pichai made the following statement to all staff members in an internal memo: “We have ambitious goals and will be investing in our big priorities this year.” This coincides with Pichai’s announcement that the firm would be implementing further layoffs and that it must make “tough choices” in order to free up funds for future investments. Since January 10, reportedly, Google has let go of over a thousand workers from a variety of departments. Sundar Pichai has previously said that the business planned to cut 12,000 jobs, or 6% of its whole global staff.

Srinivas from IIT Madaras recently tried to bring on a Google worker for his Perplexity AI venture. He discovered by talking with this organization that it is only reasonable for an employee to notify his employer of a new job offer. To his surprise, however, the computer giant surprised him with an incredible raise—nearly 300 percent more than before—during a time of layoffs that impacted thousands of workers worldwide.

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