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          The Google car project suffered a departure wave, the reason is that the salary is too high!

          Electronic enthusiasts eight o'clock: Beijing time on February 14 morning news, due to management adjustments, strategic doubts, a large number of startups, and competitors actively recruiting technical experts, Google Automotive project lost a large number of talent in the past year. But beyond that, high salaries are also an important cause of brain drain.

          The early employees of the project enjoyed an unusual salary system that earned a high salary based on the value of the project. According to informed sources, by the end of 2015, some of the old employees are no longer facing occupational safety issues, so they can accept other job opportunities more openly.

          According to people familiar with the matter, in December last year, Googlea€?s auto business was reorganized into an independent Waymo company, and the compensation system was adjusted to replace the salary structure with a more unified salary structure, so that all employees enjoyed the same treatment. However, due to the high cost of the initial project, an executive of its parent company, Alphabet, had to be considered an important reason for the high cost last year.

          A spokesman for the Alphabet declined to comment.

          As the company hopes to turn the driverless car project into a real business, and with the emergence of new rivals, many talents will choose to leave because of salary issues. This highlights the challenges that Alphabet has faced in its transition from a digital advertising giant to a diversified technology company, as different business units need different incentives for talent. Other new businesses, including the medical health department Verily, also use different compensation systems, but none of them generate huge salary costs like car projects.

          This weird system began in 2010, and Google recently launched its first driverless car. The purpose at the time was to link the destiny of the employee to the performance of the project without being subject to the Google advertising business. In addition to cash wages, some employees receive bonuses and equity and keep them in a special entity. After a few years, Google added a multiplier to the reward and then paid some or all of the funds to the employee. The specific multiplier depends on the periodic valuation of the department.

          The specific indicators used by the Google Automotive project are not yet known. But by 2015, the project has made great strides: the total test mileage has exceeded 1 million miles, and auto companies including Toyota and Tesla have also announced the development of their own driverless car systems. Analysts also expect this technology. Will change the entire automotive industry.

          According to people familiar with the matter, the salary multiplier expanded significantly at the end of 2015, and some employees even received millions of dollars in salary. One of the team members has a multiplier of 16, and the corresponding base is a four-year bonus and equity.

          Part of the problem with this approach is that even after the final project goal a€“ providing fully automated driving vehicles to the public through commercial services a€“ can be achieved in a few years, the salary of the employees will be like snowballing. Roll up.

          It's unclear how high the salary cost of Alphabet is, but the company's CFO, Ruth Porat, discussed the issue at an analyst conference call in early 2016.

          Perat said that the company's fourth-quarter operating expenses increased by 14% in 2015 to reach 6.6 billion US dollars. "It is mainly driven by research and development expenses, especially the project of 'other bets' established several years ago to reach key nodes." Although Perat did not disclose the specific situation, people familiar with the matter said that his comments refer to the salary of the car project.

          The number of employees who left the Google Automotive project increased significantly in 2016. According to informed sources, some are confused by the speed of the project, some are worried about the new leader John Krafcik, and others are hoping to start their own driverless car company. Huge pay increases the turnover, as the company has struggled to retain many team members through financial means.

          The current head of the company, Chris Urmson, left in August last year and currently works for a startup. There were also some early project members who left Otto, the driverless truck company, and were quickly acquired by Uber. Former auto business executive Bryan Salesky founded Argo AI and received a $1 billion injection from Ford last Friday.

          Umson and Selski did not comment on this. The project's founder and compensation system designer SebasTIan Thrun also did not respond.

          In a conference call in early 2016, Perat said that different incentives will be applied to a€?other betsa€? in the future. a€?The aim is to achieve more ambitious projects, and we hope to ensure a rational allocation of resources through a set of frameworks,a€? she said. (woodcutter)

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          高清性色生活片
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