Salvation. A leaked survey shows Google employees are growing dissatisfied with pay, and Volkswagen has unveiled the electric version of its iconic bus.
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1. Leaked survey shows Googlers growing dissatisfied with compensation. Insider looked at the company’s internal survey, called “Googlegeist,” and found that employees were increasingly dissatisfied with their total compensation:
- 53% of workers responded positively that their total compensation is competitive with that of similar jobs at other companies, up from 63% last year. Meanwhile, 27% responded unfavorably, up from 18% last year.
- 60% responded positively that their total compensation is “fair and equitable”, compared to 66% last year. 19% answered unfavourably, compared to 14% last year.
- Other responses reflected positive changes within the company. More and more Googlers said their well-being had improved and they could separate work from free time.
What else we learned from the survey.
More: Search our comprehensive salary database here.
In other news:
2. President Joe Biden signed an executive order on cryptocurrencies. The executive order sets out six priorities, including protecting consumers, reducing the risk of crime, and exploring the creation of a digital US dollar. What we know about Biden’s crypto plans.
3. A virtual assistant who earns $6,000 a month shares how she got her start. The 32-year-old took a 90-day virtual assistant course online – and now travels to places like Myanmar and northern Europe while writing for her clients. She explains how she built her career.
4. A team of former Uber executives created an impromptu supply chain network for Ukrainian volunteer fighters. Uber alumnus Andrey Liscovitch and a team of volunteers have set up an operation that runs truckloads of essential supplies like boots, phones and portable chargers that volunteer fighters can pick up. He gave us a glimpse of how he did it.
5. Two partners in a “Shopify Mafia” offshoot share what they’re looking to invest in next. Since a group of former Shopify employees launched Backbone Angels last year, the collective of angel investors has invested $2.3 million in startups led by women. Two members told Insider they were interested in mentoring, growing, and trading startups. Here’s what else they told us.
6. Tinder users can now perform a background check on their matches. Through a partnership with startup Garbo, the dating app will offer users two free background checks – and boot users with a violent criminal past. Here’s what you need to know about the new service.
7. Better’s layoffs this week have confused people who have lost their jobs. Thousands of employees were reportedly laid off on Tuesday, but many didn’t hear about their plight directly from the company – instead, they learned from pay stubs or when their laptops s is suddenly turned off. Inside Better’s failed layoffs.
8. Amazon announced a stock split and $10 billion in buyouts. Shares of the company soared late in the session after announcing that its board had approved a 20-for-one stock split. Here’s what that means.
9. Volkswagen has just unveiled the electric version of its iconic bus. In a revival of its microbus – a 1960s counterculture staple – Volkswagen gave us a look inside the electric ID. Buzz. The pickup truck will be available in commercial and passenger versions and will hit American streets in 2024. Check out the new ID. Buzz here.
10. LimeWire is making a comeback – as an NFT marketplace. A decade after the popular peer-to-peer file-sharing website shut down, it’s relaunched as a site that will let people buy and trade music-related digital assets. Learn more about the rebirth of LimeWire.
What we’re looking at today:
- Oracle is expected to release its results today. Track earnings here.
- Axios hosts a discussion on the trends shaping venture capital in 2022.