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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."
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Google Faces Employee Retention Challenge

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  • by TiggertheMad ( 556308 ) on Saturday October 02, 2004 @07:57PM (#10416683) Journal
    I work at a certain EVIL company, and there have been some rumors that Google has been sniffing around, looking for good employees (yes, yes, obligatory MS joke here...) to bring over.

    It looks like they are agressively trying to make sure that they keep on top of the talent curve. MS has always made an effort to grab up all the most talented engineers coming out of school. Google might try to give them a run for the money.
  • by Anonymous Coward on Saturday October 02, 2004 @08:07PM (#10416739)
    are you kidding me? you must be... i think google needs just a tiny bit more than a few colos.

    it takes a little more than a webserver to run google, i would imagine it requires multiple datacenters full of racks & racks of stuff. tape storage, massive raid arrays, redudant servers with load balancing, switches routers links with other datacenters.. etc etc.. then you have to look at the enterprise network lan for the employees home directories, emails, vpn, etc etc..

    basically.. you dont know what your talking about.. that's all i'm trying to say
  • Re:Umm... (Score:5, Informative)

    by burns210 ( 572621 ) <maburns@gmail.com> on Saturday October 02, 2004 @08:29PM (#10416856) Homepage Journal
    Not anymore. They used to, but Yahoo has sinced bought a Search Engine company and have used that as the basis of their searches.
  • by Daniel Ellard ( 799842 ) on Saturday October 02, 2004 @08:47PM (#10416937)
    People with kids, mortgages, other debts, plans for the future... If you think a million dollars is a lot of money, well, you haven't tried to buy a house in a decent school district near Boston or Silicon Valley recently.

  • by Whygee ( 719035 ) on Saturday October 02, 2004 @10:03PM (#10417271) Homepage
    The funny thing about this is that French-speakers actually use the word CV (curiculum vitea). The word "résumé" has a totaly different meaning in French...
  • by Anonymous Coward on Saturday October 02, 2004 @11:20PM (#10417539)
    You cannot find a reference in the online OED with an acute over the e? You are not looking very hard at all, since it can be found by searching for "resume".

    résumé, n. SECOND EDITION
    1989

    ({trli}rezyme, {sm}r{ope}zju{lm}me{shti}) Also resume. [Fr., pa. pple. of résumer to RESUME.]

    a. A summary, epitome.

    1804 Edin. Rev. IV. 98 After a short resumé of his observations on coffee-houses and prisons, Mr. Holcroft leaves Paris. 1861 PATTISON Ess. (1889) I. 31 Some of the papers are mere résumés of English books. 1885 Law Rep. 29 Chanc. Div. 457 The report contained a résumé of the evidence.

    b. Chiefly N. Amer. = curriculum vitæ s.v. CURRICULUM. Also fig.

    1961 WEBSTER, Résumé.. specif.: a brief account of one's education and professional experience. 1968 Globe & Mail (Toronto) 17 Feb. 51 If an interview is not convenient at this time, forward your resume, in confidence to Mr. Grossman. 1971 GOLZEN & PLUMBLEY Changing your Job after 35 viii. 86 The Résumé..will vary considerably with the type and level of job and can be the bare bones of a c.v. or a long, narrative account of your main achievements written up with a special bias. 1973 J. RYDER Trevayne (1974) lii. 384 There was an opening. What could look better on a résumé than the White House? 1976 Glasgow Herald 26 Nov. 25/1 Please submit detailed resume including personal data, educational background, and work experience. 1979 Tucson Mag. Feb. 88/2 She has added several fine credits to her resume since then, including a Washington D.C. debut this year.

    Hence résumé v., to epitomize. rare.
  • by Alien Being ( 18488 ) on Saturday October 02, 2004 @11:31PM (#10417586)
    WRONG!

    From Google's prospectus:

    Our mission is to organize the world's information and make it universally accessible and useful. We believe that the most effective, and ultimately the most profitable, way to accomplish our mission is to put the needs of our users first. We have found that offering a high-quality user experience leads to increased traffic and strong word-of-mouth promotion. Our dedication to putting users first is reflected in three key commitments we have made to our users:

    * We will do our best to provide the most relevant and useful search results possible, independent of financial incentives. Our search results will be objective and we will not accept payment for inclusion or ranking in them.

    * We will do our best to provide the most relevant and useful advertising. Whenever someone pays for something, we will make it clear to our users. Advertisements should not be an annoying interruption.

    * We will never stop working to improve our user experience, our search technology and other important areas of information organization.

    We believe that our user focus is the foundation of our success to date. We also believe that this focus is critical for the creation of long-term value. We do not intend to compromise our user focus for short-term economic gain.
  • by Anonymous Coward on Saturday October 02, 2004 @11:55PM (#10417666)
    Google has the challenge of building a whole new mission. With billions in the bank and way more employees than are needed to operate a search engine, there is no way they can keep going if they just maintain their current mission

    Do you even know what Google's mission [google.com] is?

    Do you really think the world's information is organized, accessable, and useful at this point? That this can even be done with just a search engine?

    What would you have them add to their mission?

  • by mikeage ( 119105 ) <{slashdot} {at} {mikeage.net}> on Sunday October 03, 2004 @01:31AM (#10417984) Homepage
    Americans generally use the term resume to sum up ones professional achievements, and CV to sum up ones educational or research achievements.
  • Re:reminds me of... (Score:1, Informative)

    by Anonymous Coward on Sunday October 03, 2004 @11:52AM (#10420061)
    And according to some recent articles, that line in the sand is at $40,000/year. Enough to live on, be secure, support (modestly) a family, and accumulate slowly for retirement. The next $100K doesn't really make you happier, you'll be happy or not based on other factors after $40,000. Below $40,000 though is a whole 'nother story - it probably takes extreme short-sightedness and very low expectations to have happiness below that point.

Love may laugh at locksmiths, but he has a profound respect for money bags. -- Sidney Paternoster, "The Folly of the Wise"

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