Comments on: When Google gets into a bidding war for its own talent http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: tropicalgringo http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20713 Sat, 13 Nov 2010 04:47:41 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20713 Man, if I ever needed confirmation that my idea to offer up “startup worthy” developers from Latam had legs, this was it. http://ow.ly/399qw

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By: Danny_Black http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20702 Fri, 12 Nov 2010 23:26:01 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20702 In a business where individuals regularly make a major difference to the bottomline, it pays to cave to these sort of demands. It is unlikely to become a widely spread principle because, by definition, these sort of people are a small percentage.

Of course, it would be better to try and pay them appropriately in the first place.

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By: BarryKelly http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20674 Fri, 12 Nov 2010 18:05:57 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20674 Software engineers are often undercompensated according to their value. Google’s revenue per employee is in the $1.5 million range, and it’s generally accepted that a top performing engineer can be worth over 10x an average engineer; $3.5 million spread out over a few years may be cheap.

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By: wcw http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20665 Fri, 12 Nov 2010 16:33:03 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20665 Me, I can’t get exercised about Google in the slightest. The only thing that distinguishes this from two decades of comp committees backing up dump trucks full of money up the manicured driveways of completely fungible C-suite fodder is that the beneficiary in question was an engineer for a change. That’s it.

Should shareholders and the boards who supposedly represent them be dumping cash and free gamma positions on their executives? Probably not. Have they been doing so for decades now? Yes.

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By: EpicureanDeal http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20662 Fri, 12 Nov 2010 15:37:59 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20662 FifthDecade & q_is_too_short — Well, yes, actually, you can run a business with prima donnas who threaten to leave for a better offer. It’s called investment banking.

Please note that I did not say you can run a business *well*.

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By: patrickinmaine http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20661 Fri, 12 Nov 2010 15:16:44 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20661 The term loyalty brings a moral aspect into this that is really inappropriate. “loyal” employees are asked to defer raises that the market will bear today but the company will not compensate them if they defer that opportunity to thelater “in-cycle” date and the market no longer offers that kind of opportunity. It’s asymmetric.

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By: q_is_too_short http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20660 Fri, 12 Nov 2010 14:41:01 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20660 as for structural unemployment this doesn’t say anything about that. of course there are some niches that can’t be filled, and people who can’t find a niche. but i would defy you to find a google engineer who couldn’t, if they were fired from google, find a pretty good job elsewhere.

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By: q_is_too_short http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20659 Fri, 12 Nov 2010 14:38:19 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20659 yes, there will always be niches, and there will always be a shortage of the highest skilled and most up-to-date and most brilliant people. that’s almost a tautology. they are few in number and in competition almost completely with each other. if you somehow were able to produce more of them, they would *poof* differentiate and compete among each other, and after a short time some few would end up being more qualified than the others. some of that would just be their luck as they would have picked the ‘hot’ area to focus on.

i agree with 5th decade. you can’t run a business with prima donnas. google should know this by now.

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By: Curmudgeon http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20658 Fri, 12 Nov 2010 14:34:49 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20658 @Fifth: Many economists claim that our unemployment/ underemployment is simply cyclical, and employment will return as soon as demand does. Others are saying that this unemployment is structural, and will stay with us even after demand returns. This anecdote seems to support the latter argument. You might make former case if Google were rewarding very specific skills, but that’s not the case here. Technical computer and software skills in general don’t seem to be in critically short supply.

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By: FifthDecade http://blogs.reuters.com/felix-salmon/2010/11/12/when-google-gets-into-a-bidding-war-for-its-own-talent/comment-page-1/#comment-20655 Fri, 12 Nov 2010 14:14:06 +0000 http://blogs.reuters.com/felix-salmon/?p=6102#comment-20655 In a world of dynamically developing new technology there will surely always be a mismatch between skills and jobs because of the lag between the introduction of a new idea and getting enough people trained to meet its market needs.

As for the Google Blackmail incident, they should’ve just let the guy go. You can’t run a business with Prima Donnas.

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