Microsoft is giving one-time cash awards of up to 25% of annual bonus to these employees: Read the company’s memo
Microsoft is giving a special one-time cash award to its employees, amounting to an additional 10% to 25% of their annual bonus value for the recently concluded fiscal year. The announcement came as the tech giant reported strong fourth-quarter earnings, surpassing Wall Street expectations.
Kathleen Hogan, Microsoft’s chief people officer, communicated the decision in a company-wide memo, stating, “The senior leadership team and I want to recognize the tremendous work and impact of our people who delivered a terrific year of solid execution and world-class innovation.”