Google is raising pay to overhaul its employee vetting system, documents show

Google is overhauling its performance review process, implementing changes that will lead to pay increases, as the company tries to ease tensions between employees and leadership over pay   , CNBC reported.

Starting this week, Google will use a new process for performance reviews called GRAD, short for Google Reviews and Development. It’s part of an effort to simplify the review process, limit reviews to once a year instead of twice, and put more responsibility in the hands of managers instead of relying heavily on peer reviews, according to internal documents reviewed by CNBC.

“Under this new procedure, we expect that most Googlers will receive higher compensation than under the old Perf system, and the total amount paid will also increase,” one of the documents said.

Prabhakar Raghavan, the head of Google’s search division, reiterated this at a company all-hands meeting on Friday, according to two people familiar with the matter who spoke on the condition of anonymity.

Recent Posts

HP releases Z24m monitor that replicates Apple’s Center Stage lens tracking

HP's upcoming 23.8-inch Z24m monitor for creative professionals features a webcam that tracks the user's…

5 days ago

Andy Warhol’s “Monroe” wins for a record high of 25.3 billion yen

The portrait of Marilyn Monroe, produced by US pop artist Andy Warhol in 1964, is…

5 days ago

China Telecom announces officially Maimang 11 to be released on May 10, equipped with a 6000mAh capacity battery

China Telecom officially announced that Maimang's new product launch conference will be held at 19:08…

2 weeks ago

Top natural vitamin supplements recommended for men in their daily life

Vitamins are an essential macronutrient that has an immensely vital role to play in our…

4 weeks ago

Tencent Holdings to block access to unauthorized overseas games

Chinese game giant Tencent Holdings announced late on the 13th that it will suspend services…

1 month ago

China recommends SMEs to reduce deposit interest rates

China's interest rate regulators are recommending small and medium-sized banks to lower their deposit interest…

1 month ago

This website uses cookies.