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Google does not raise employees’ salaries to keep up with rising prices

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Google told workers at a hands-on meeting Tuesday that it would not change workers’ wages to keep up with rising prices. In other words, Google’s position and file will benefit slightly, even if the company is doing well, earning more than five consecutive profits.

According to the audio shared , The CEO of Sundar Photosi read a question from his staff about the high cost of almost everything, and the decision of other companies to address these issues and raise equal pay. Frank Wagner, the company’s vice president of compensation, replied: “As I said in other meetings, when we see inflation, we see an increase in the price of labor or market wages,” and that it has been higher. than most recently and our payroll budget has shown this. ”

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This type of promotion is appropriate for most businesses, and is often referred to as a “life-changing price.” Wagner, however, argued that any potential pay should reflect “work” rather than just a little more but more.

Google has expressed a desire to redress the effects of the epidemic: by cutting wages for workers who choose to stay away from low-income areas. Sometimes the reduction in fees is expected to reach 25%, depending on .

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