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Google Faces Employee Retention Challenge

Posted by michael on from the golden-handcuffs dept.

prakslash writes "60% of Google's 1900 employees now hold stock options worth at least one million dollars. According to experts in this Reuters article, it is now imperative for Google to maintain its sense of mission. If it fails to do so, a whole slew of employees facing post-IPO burnout and boredom will leave the company to go back to school, start a new company, or join the ranks of high-tech early retirees. Such a mass cashing-out could lead to a decline in Google stock price and intellectual brain-drain. Oh how I wish I worked for Google."

6 of 339 comments (clear)

  1. Nice attitude. by Dirtside · · Score: 0, Flamebait
    Oh how I wish I worked for Google.
    So you could cash out and leave them in the lurch? That's real generous of ya.
    --
    "Destroy science and religion. Science would re-emerge exactly the same; but not religion." - Penn Jillette, paraphrased
  2. Re:You wish you worked for google? by Mulletproof · · Score: 0, Flamebait

    Well, when you claim to be good yet position your IPO to rape buyers of as much cash as possible while attempting to emulate every other web utility ala MS does software, fickleness tends to happen.

    --
    You need a FREE iPod Nano
  3. It's 1998 all over again! by BillsPetMonkey · · Score: 0, Flamebait

    Such a mass cashing-out could lead to a decline in Google stock price and intellectual brain-drain

    Google's main revenue stream is a cash-cow (google-ads/froogle(?)) so there's little danger that present employees leaving will significantly damage the stock price in the near future.

    In the end though, after all the hype and rather trite-sounding platitudes about "thinking outside the box", google is just a search company. And there are others who are already doing that better

    --
    "It's not your information. It's information about you" - John Ford, Vice President, Equifax
  4. Re:You wish you worked for google? by Mawbid · · Score: 0, Flamebait
    You don't want to work in a company where almost all your coworkers are millionaires, and you're not

    Interesting. Is that for the same reason you wouldn't want to work where almost all of your coworkers have huge dicks and you don't, or did I get the wrong idea?

    --
    Fuck the system? Nah, you might catch something.
  5. Re:You wish you worked for google? by Canuck_TV · · Score: 0, Flamebait

    And only your country.

    Let me guess, you're voting for Bush? I suggest you look out the window from time to time and notice there's a world BEYOND your states, that is rich in culture. And perhaps, you'll realise that using a bit of what you've learned doesn't make you unpatriotic.

  6. Ugh.... by jotaeleemeese · · Score: 0, Flamebait

    Only a mostly USian audience could rate this tripe as cureently is (Insightful).

    --
    IANAL but write like a drunk one.