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Google increases pay of top brass after 'refusing' to hike workers' pay
Zee News
Google is reportedly increasing the salaries of at least four of its top-most senior executives.
New Delhi: Google is increasing the salaries of at least four of its top-most senior executives, hiking base salaries from $650,000 to $1 million. The salary hike has come after the tech giant informed its employees that the firm wouldn’t automatically adjust salaries to account for inflation.
The top employees who are receiving the new packages include Chief Financial Officer Ruth Porat; senior vice president Prabhakar Raghavan (in charge of Google search); senior vice president and chief business officer Philipp Schindler; and Kent Walker, president of global affairs and chief legal officer, according to the latest company filing with the US Securities and Exchange Commission.
"Effective January 2022, the base salaries of each of Porat, Raghavan, Schindler, and Walker will be increased from $650,000 to $1,000,000," Google said in its filing.