1.

Does your answer to the above question depend on what point in time it is
answered? For example, what was Google's pay level the day before it repriced
employee stock options? What was Google's pay level the day after it repriced
employee stock options? And now?

 Yes, the above answer is based on the pattern how Google repriced its employee stock
options
 Before repricing Google’s pay levels were at the average pricing of the market and were
focusing more on its stock option instead of the salary.
 It had adopted the pay module of its competitor Microsoft since its stock price has slowed
down providing the stock option to the employees since the stock provided to the employees
get locked within them rather being transacted in the stock market.
 Now Google has adopted the option of no stock, where no stock option provides 10%
increment in salary of the employees across the board. It was providing options having
exercise price of $522 before increasing the salary across the board.
 After reprising, Google pay has $20000 more than the average competitor price for fresh
graduates and 10% increment accordingly to overall employee.

Why did Google reprice its stock options and also give a 10% salary increase (in an
era when 2 to 3% annual salary increase budgets are the norm)? Is it because its
business strategy and/or product life cycle changed? Is it because it was concerned
that employees' perceived value of compensation did not match what Google was
spending?

There are many factors that could have a negative or positive effect on Google’s future pay
models. I believe Google repriced its stock option and gave a 10 percent salary increase is
because
 Employees value stability with pay rather than bonuses and stock options.
 Repricing the stock ultimately put more money into the salaries of the employees and that
is something they can physically see when they look at their bank accounts.
 As answered in question 1 and 2, Google is extremely competitive with the salaries paid
to their employees, especially when they are paying new college graduates as much as
$20,000 more than the average companies. Google obviously values their employees.
 “The Big Tech stocks that have led the bull market of the past decade, including
Facebook, Apple, Amazon, and Netflix, are down more than 23 per cent from their highs,
and Google parent Alphabet is down 18 per cent” (Webb, 2018). This statistic could be
due to it still not being at par with the tech competitors.
,
 Also, Google is looking at the pay for the remote workers who do not want to come into
the office.
“Google – Alphabet Inc (NASDAQ:GOOGL) – is analyzing the possibility of a pay cut on those
workers who choose home office permanently. The initiative follows a Silicon Valley trend and
could hit long commuters the hardest” (Newstex, 2021).