Microsoft offers one-time voluntary retirement to long-serving staff, reshapes rewards
TL;DR Summary
Microsoft is offering a one-time voluntary retirement program for long-serving US employees (eligible if combined years of service and age total 70 or more) with generous support, and is revamping its rewards by reducing pay points from nine to five and decoupling stock from bonuses to give managers more flexibility to recognize high performance and potentially retain talent.
- Microsoft offers voluntary retirement to long-serving employees The Verge
- Microsoft plans first voluntary employee buyout in company's 51-year history CNBC
- Microsoft plans first voluntary employee buyout, CNBC reports Yahoo Finance
- Microsoft Offers Voluntary Retirement to About 7% of US Workers (MSFT) Bloomberg.com
- Microsoft Offers Voluntary Retirement Buyouts for Some Employees The Information
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