Microsoft to Boost Pay, Stock Compensation to Beat Inflation, Compete With Other Big Tech

Microsoft to Boost Pay, Stock Compensation to Beat Inflation, Compete With Other Big Tech
The French headquarters of American multinational technology company Microsoft are seen in Paris on March 6, 2018. Gerard Julien/AFP via Getty Images
Benzinga
Updated:

Microsoft Corp. looks to “nearly double” its budget for employee salary increases and boost the range of stock compensation for some workers by at least 25 percent, to retain staff and help people manage inflation, Bloomberg reports.

Microsoft had 181,000 employees as of June 30, 2021. The move will primarily cater to “early to mid-career employees.”