Revealed: Apple and Google’s wage-fixing cartel involved dozens more companies, over one million employees
“I would prefer that Omid do it verbally since I don’t want to create a paper trail over which we can be sued later? Not sure about this.. thanks Eric”
From: Eric Schmidt
Sent: Wednesday, September 7, 2005 10:52 PM
Subject: Phone call from Meg Whitman
DO NOT FORWARD
Meg called to talk about our hiring practices. Here is what she said:
1. Google is the talk of the valley because we are driving up salaries across the board. People are just waiting for us to fall and get back at us for our “unfair” practices now.
2. Our recruiting practices are “zero sum” and it appears that somewhere in Google we are targeting EBay to “hurt them” and its the reputation that we are doing this against Yahoo, EBay and MSFT (I denied this.)
If you don't have a job offer from another company, it's hard to get a double digit raise. You'll keep puttering along getting 3% raises year after year unless you have an offer from another firm. So this kind of cheating has sizable impact on the lifetime earnings of employees.