Google Engineer Gets $6 Million For Not Going To Facebook

sergey brin cash

Google offering $100,000 cash bonuses is so last summer. Now it's apparently offering seven-figure stock payouts to keep engineers from defecting Last week it was $3.5 million. This week, All Things D reports that one engineer ended a bidding war by taking a $6 million stock grant.We've seen talent wars like this before. Microsoft was sued back in 1997 for poaching employees from database company Borland. Google returned the favor last decade, causing Steve Ballmer throw a chair across the room. Now, Google is trying its hardest not to end up on the losing end as the cycle repeats itself.The trouble with paying these kinds of retention bonuses is that once you start, it's very hard to stop. They're basically giving employees an extra incentive to sniff around Facebook or another pre-IPO startup so they can get a job offer to dangle back in front of their managers...
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