The outcomes of the newest inside ballot at Microsoft present that almost all of workers are proud of the commerce between the work they offer to the corporate and the pay they obtain in alternate.
The “Worker Indicators” survey, which was carried out in October with outcomes obtained by Business Insider earlier this week, requested workers 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 provides workers applicable work-life stability and compensation.
About 65% of workers acknowledged that they agreed they bought a “whole lot” at Microsoft, up three percentage points from responses to the identical query within the survey carried out in February 2024.
Microsoft CEO Satya Nadella. Photographer: Chona Kasinger/Bloomberg through Getty Photos
Microsoft takes its inside surveys critically. In 2022, the tech big raised base pay throughout the corporate in response to low survey scores that indicated worker dissatisfaction and growing wage competitors from corporations like Amazon. Microsoft additionally gave extra in bonuses and elevated the annual inventory alternative for each worker.
In 2023, Microsoft cut 10,000 jobs and determined to freeze salaries for full-time workers, citing totally different financial circumstances and the necessity to spend money on innovation like AI. The corporate restarted wage raises based mostly on efficiency in 2024 however laid off 1,900 workers in its gaming division as nicely.
On the finish of June 2024, Microsoft had 228,000 workers, per CNBC. The overall is decrease now: The corporate carried out performance-based job cuts earlier this yr, affecting about 2,000 workers.
Associated: Microsoft Is Cutting Jobs as Big Tech Layoffs Surge Into the New Year
How A lot Do Microsoft Staff Make?
The common base wage at Microsoft is $130,000 per yr with a median 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 website created by the Graduate Administration Admission Council, the average salary 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 similar to its rivals. The median pay at Meta is $379,000 per yr, with software program engineers incomes a median of $173,795 per year and product managers incomes $193,942 per year, in keeping with salaries reported to Certainly.
Associated: Young U.S. Workers Expect $200,000 Salaries By Age 30. Here’s What They Actually Earn.