The outcomes of the newest inner ballot at Microsoft present that almost all of staff are pleased with the commerce between the work they offer to the corporate and the pay they obtain in change.
The “Worker Alerts” survey, which was performed in October with outcomes obtained by Enterprise Insider earlier this week, requested staff to state in the event that they thought working at Microsoft was a “whole lot” or whether or not there was “an affordable stability between what I contribute to Microsoft and what I get in return.” Microsoft makes use of responses to that query to find out if it presents staff applicable work-life stability and compensation.
About 65% of staff acknowledged that they agreed they bought a “whole lot” at Microsoft, up three share factors from responses to the identical query within the survey performed in February 2024.
Microsoft CEO Satya Nadella. Photographer: Chona Kasinger/Bloomberg through Getty Photographs
Microsoft takes its inner surveys critically. In 2022, the tech large raised base pay throughout the corporate in response to low survey scores that indicated worker dissatisfaction and rising wage competitors from corporations like Amazon. Microsoft additionally gave extra in bonuses and elevated the annual inventory alternative for each worker.
In 2023, Microsoft lower 10,000 jobs and determined to freeze salaries for full-time staff, citing completely different financial situations and the necessity to put money into innovation like AI. The corporate restarted wage raises based mostly on efficiency in 2024 however laid off 1,900 employees in its gaming division as properly.
On the finish of June 2024, Microsoft had 228,000 staff, per CNBC. The full is decrease now: The corporate performed performance-based job cuts earlier this yr, affecting about 2,000 employees.
Associated: Microsoft Is Reducing Jobs as Massive Tech Layoffs Surge Into the New 12 months
How A lot Do Microsoft Staff Make?
The typical base wage at Microsoft is $130,000 per yr with a mean bonus of $14,000, per PayScale.
Pay varies based mostly on position. For instance, product managers at Microsoft make lower than software program engineers. In line with Enterprise As a result of, a web site created by the Graduate Administration Admission Council, the common wage of a product supervisor at Microsoft is $165,000 with bonuses of as much as $30,000. Over 6,000 salaries submitted to Glassdoor present that the median pay for Microsoft software program engineers is $205,000.
Microsoft’s six-figure salaries are corresponding to its rivals. The median pay at Meta is $379,000 per yr, with software program engineers incomes a mean of $173,795 per yr and product managers incomes $193,942 per yr, in line with salaries reported to Certainly.
Associated: Younger U.S. Employees Anticipate $200,000 Salaries By Age 30. Here is What They Truly Earn.