Google changed its pay structure. Two days later, Amazon did the same. I have a feeling we will update ours next year. You’re seriously saying this isn’t coordinated?
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The company leadership has the same access to news as you do, if they read about what another company was doing and decided to also make changes, is that coordinating?
I once received a 16k check because of collusion on wages. Remember that?
Open wide.... Golden trickle coming down... only the best and greatest trickles.
Its coordinated Blackrock has major stakes in all above mentioned companies. And where they don’t have percentages they have influence.
Several years ago there was a lawsuit against Silicon Valley companies colluding to keep pay low and not scalp talent from each other. We got a check from the case.
I don't believe OP can be taken seriously.
• Amazon updated its compensation structure to reward long-term high performers with up to 110% of their pay band after four straight years of “Top Tier” ratings.
• First-time Top Tier recipients now receive only 70% of their band, down from 80%, reflecting a shift toward rewarding consistency over one-time spikes.
• The changes emphasize rating history more heavily and lower pay progression for modest improvements while maintaining boosts for sustained excellence.
• This move aligns Amazon with broader Big Tech trends that prioritize cost control and performance pressure, similar to changes at Google, Microsoft, and Meta.
• Google is adjusting its performance review system to allow more employees to qualify for top ratings like “Outstanding Impact,” which brings higher bonuses and equity.
• Managers will receive larger discretionary budgets to better reward high performers, especially those rated “Significant Impact.”
• To keep budgets neutral, bonuses and equity for “Significant” and “Moderate” performers will be slightly reduced.
• The changes reflect a broader Big Tech trend toward rewarding top talent and pushing for higher performance across the company.
It does not necessarily have to be coordinated. These companies are all drawing from the same job market and they will all avoid paying any worker more than they have to (some exceptions for upper management). So they will adjust as needed when they want to retain talent or shed dead weight.