Microsoft is doubling salary and stock budgets to retain existing employees

Question

Follow up to my last thread about Microsoft supposedly increasing salaries. Seems like they're increasing salary budgets for the retention of existing employees. This seems like the logical conclusion that honestly more companies should arrive at. You can't retain your employees if they can just get a 30-40% salary increase by just hopping over to another company. Pay them more where they're at.

https://www.bloomberg.com/news/articles/2022-05-16/microsoft-to-boost-salaries-to-keep-workers-cope-with-inflation

6ym891ukphg5xkq · Accepted Answer

This is great, I’d stop hopping jobs if employers routinely did this

WhiskySour · Answer

Microsoft is just doubling the range of Annual Rewards.
i.e 1. Salary Hike 
2. Cash bonus. 
3. Annual RSUs - This budget will be increased by 25%.

Do bear in mind that everything depends on the evaluation of an employee during the rewards cycle. 
There is no default increment for all the employees.

ferryboat · Answer

Some more details: 25% stock increase for L67 and below. Also a clarification, they doubled the budget, but it doesn’t mean they’re doubling everyone’s comp or packages.

19m832l29xprty · Answer

We've also opened up a Canada HQ: https://techbomb.ca/canadian-business/microsoft-opens-new-hq-in-toronto/

Microsoft is doubling salary and stock budgets to retain existing employees

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