As if it wasn’t already great to work for Google, the company has announced that they will be offering their employees a 10% pay increase starting in 2011. CEO Eric Schmidt said in his email to over 23,000 employees, that the raise is in addition to a $1,000 holiday bonus.
One reason for their generosity is to help prevent their talented employees from going to other companies. Last month, Google Chief Financial Officer Patrick Pichette said that the Internet industry is waging a “war for talent,”. Looks like he was right.