The bonus is an effort by Microsoft to keep employees happy during the pandemic and make sure they stick around while many are still away from offices. Kathleen Hogan, Microsoft’s chief people officer, confirmed the news about bonuses in a memo sent to employees on Thursday. Microsoft will be gifting this bonus to all staff below the corporate vice president level that started on or before March 31st, 2021. The bonus will cost Microsoft around $200 million for its 175,508 employees worldwide. Employees of Microsoft’s GitHub, LinkedIn, and Zenimax will not be eligible for the bonus.

Source: Mint July 09, 2021 03:44 UTC