Microsoft plans to fight inflation and retain workers by DOUBLING its budget for staff salaries and boosting stock rewards by at least 25%
- Microsoft is considering significant pay raises in an effort to address growing dissatisfaction and stop employees from leaving for competitors like Amazon
- In an internal company poll only 66% of employees answered favorably to a question about whether they get a ‘good deal at Microsoft’
- Responses to such the question are down from 73% last year
- In February, Amazon more than doubled its maximum base salary to $350,000 in response to employees who said they were receiving ‘comparatively low pay’
Check Also
‘Bob is the right leader at the right time for Disney’: Chapek signs a three-year contract extension
Disney’s embattled CEO Bob Chapek has had his contract extended for a further three years, …