Microsoft Memo Leak Reveals Guidance For Managers: Connect ‘Rewards’ To Employee ‘Impact,’ Avoid Salary Freeze Talks

Microsoft Corp. (NASDAQ:MSFT) has made significant changes to its employee compensation strategy this year. The tech giant has frozen salaries, cut bonus budgets, and increased the proportion of stock awards, Business Insider reported. In the past, August has been the month when Microsoft informs employees about salary hikes. However, this year, during performance reviews, managers were instructed not to discuss the company’s budget. Instead, the focus was on individual performance and its impact on rewards. According to three employees, stock awards now constitute a larger part of their bonus…

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