Waymo, Alphabet-run company owned by Google, has lost a number of its leading engineers and top executors by the beginning of 2017. The recent report issued by Bloomberg supposes the reason may be hidden in Google’s payment policy, or to be more exact – in too generous salaries of these top specialists.
As the agency points out, Google had a rather unique system of compensations for its self-driving car division. Enormous payouts were distributed among engineers who were paid so much because of being part of the team dealing with the autonomous vehicles.
This generosity of Google played a tricky joke with the corporation’s owners. As a result, by the beginning of 2016 driverless car engineers were so much overpaid that even decided to start up their own projects and didn’t see any other motivation to continue working for Google.
Thus, a list of specialists who left the company included such names as Chris Urmson and Bryan Salesky. Urmson once even headed up the autonomous car business of Alphabet, while Mr. Salesky is now working on his own startup Argo AI supported financially by Ford.
However, not all of the experts are consent about the sole role of payouts in this nontrivial situation. At the same time, they name them rather obvious reasons that encouraged the company’s several top specialists to quit.
Google seems to have managed the situation, though. In December 2016 the corporation launched its new autonomous car brand under the name of Waymo. The system of payments have changed, too, being now more uniform and clear, with good incentives for employees at all stages.