It’s unclear how broadly the guidelines apply, or whether they are just for one specific role or business, but the ranges provide a window into how Microsoft thinks about its various level designations.
The lowest was a $42,500 salary, with no hiring bonus and no guaranteed stock award.
There’s also a level 80 for a “technical fellow,” which is typically one of the highest-ranking executives at the company.
In 2022, when the economy was still booming, Microsoft granted an across-the board compensation raise for levels 67 and lower through larger stock grants, in response to growing internal dissatisfaction with compensation compared to competitors, and to stop employees from leaving for better pay, especially to Amazon.
As Insider previously reported, earlier this year, as the economy faltered, Microsoft froze base pay raises and cut its budget for bonuses and stock awards.
Contact reporter Ashley Stewart via the encrypted messaging app Signal (+1-425-344-8242) or email (astewart@insider.com).
The original article contains 800 words, the summary contains 154 words. Saved 81%. I’m a bot and I’m open source!
This is the best summary I could come up with:
It’s unclear how broadly the guidelines apply, or whether they are just for one specific role or business, but the ranges provide a window into how Microsoft thinks about its various level designations.
The lowest was a $42,500 salary, with no hiring bonus and no guaranteed stock award.
There’s also a level 80 for a “technical fellow,” which is typically one of the highest-ranking executives at the company.
In 2022, when the economy was still booming, Microsoft granted an across-the board compensation raise for levels 67 and lower through larger stock grants, in response to growing internal dissatisfaction with compensation compared to competitors, and to stop employees from leaving for better pay, especially to Amazon.
As Insider previously reported, earlier this year, as the economy faltered, Microsoft froze base pay raises and cut its budget for bonuses and stock awards.
Contact reporter Ashley Stewart via the encrypted messaging app Signal (+1-425-344-8242) or email (astewart@insider.com).
The original article contains 800 words, the summary contains 154 words. Saved 81%. I’m a bot and I’m open source!