Steve Ballmer promises hefty salary hikes, stock options to Microsoft employees
Saturday, 23rd April 2011
Microsoft plans to broadly raise salaries and stock awards to attract and retain top talent, Chief Executive Steve Ballmer said.
The action follows Google�s 10% increases this year. Microsoft plans, among other things, �important� compensation increases for divisions with fast-moving markets, including research and development and certain geographies.All employees will have a portion of their stock awards shifted into base salary, according to the memo. Microsoft�s shares are at the same level as 10 years ago.
Publication : Financial Express