Microsoft Announces Pandemic Bonus To All Employees Of $1,500
- ByStartupStory | July 9, 2021
Microsoft announces pandemic bonus To all employees of $1,500, in recognition of a challenging fiscal year that the tech giant just completed. Kathleen Hogan, Microsoft’s chief people officer, said, announcing the gift “it will apply to all eligible employees in both the US and internationally.”However, employees of its subsidiaries LinkedIn, GitHub and ZeniMax are not eligible for the pandemic bonus, the report added. “It’s a gift of around $200 million, or less than two days’ worth of profit for Microsoft”.
Earlier, Facebook gifted its 45,000 employees $1,000 each and Amazon gave $300 holiday bonus for frontline workers.Currently, Microsoft work sites in 21 countries have been able to accommodate additional workers in its facilities – representing around 20 per cent of its global employee population. Microsoft has announced to delay the reopening of its offices till September, after it stated to slowly reopen Redmond, Washington-based headquarters and nearby campuses from March 29 with a six-stage hybrid workplace strategy.