Google Faces Employee Retention Challenge 339
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."
You wish you worked for google? (Score:5, Funny)
Free lunch? (Score:5, Funny)
Pining for Google (Score:0, Funny)
You can. On a volunteer basis, of course.
Google's new quitting policy (Score:5, Funny)
Re:Total percentage? (Score:3, Funny)
2004-1990 does equal 14, so you can subtract, but it's obvious you can't read.
Operation: Shootfoot (Score:5, Funny)
CEO: The deuce you say, George. There's only one thing to do.
CFO: What's that?
CEO: George, we have to tank the company. When the stock bottoms out, we'll buy back those options and correct the retention problem. We must destroy Google to save it.
CFO: OMFG, you're brillant. But how will we devalue the company? Google is doing great.
CEO: We're going to need help. We need someone with experience in this sort of thing. Get Carly at HP on the phone, quick!
Re:It's a problem, but it's already solved. (Score:2, Funny)
Answer is 7427466391.com [7427466391.com] thanks to a google search
Re:Google's new quitting policy (Score:4, Funny)
Wow, it is easier to get hired than to quit!
That's like so cool dude!
Re:Free lunch? (Score:2, Funny)
Re:You wish you worked for google? (Score:4, Funny)
That is, if you love your country.
Is this supposed to be bad? (Score:4, Funny)
Re:"Intellectual brain-drain" (Score:1, Funny)
Former chef to the Grateful Dead... (Score:4, Funny)
For a moment I thought that read "an in-house massage
"And zeez is how weee tenderize zee meat before we apply zee hot sauce... bork! bork! bork!"
Re:Well good. (Score:3, Funny)
Re:Maybe not that bad... (Score:5, Funny)
Re:reminds me of... (Score:5, Funny)
Being rich does not make you happy, but it is easier to cry in a Rolls-Royce
Re:You wish you worked for google? (Score:4, Funny)
"Oh how I wish I worked for Google." (Score:5, Funny)
Re:You wish you worked for google? (Score:4, Funny)
What, are you running as an incumbent US president?
Re:You wish you worked for google? (Score:1, Funny)
Re:FOD (Score:1, Funny)
Re:You wish you worked for google? (Score:3, Funny)
Maybe in 3 - 5 years, when most of the millionaires have left, but I would certainly NOT join Google right now, unless my stock options strike price was at pre-IPO levels (which it won't).
I've got to second this. Joining google right now:
1. Get Options at current price.
2. 500-1000 millionairs leave during the 5 years it takes to become vested.
3. In leaving, stock price drops.
4. Your options, at old, high price, are under water and worth nothing.
5. New employees coming on get stock options at the new, lower rate, and make fun of you when they apperciate from there, but yours are still worthless.
Cheers,
=Blue(23)
Re:reminds me of... (Score:3, Funny)
Dude! Two chicks at the same time!