At Google you are explicitly rewarded at L5 and up for picking the right project to work on. It's wisdom of the crowds. You pick what project you're working on and you should be picking a good high-impact one that actually brings value to the company, for which you might be promoted. This ensures that incentives are aligned.
Google doesn't want experienced, highly capable engineers sitting around wasting their talents on dead-end projects, and they certainly won't be rewarded for it. You need to be proactive about ensuring that you're working on something valuable.