Microsoft Doubles Salary Budget to Retain Staff as Cost of Living Rises

“As we strategy our annual complete rewards course of, we’re making a big extra funding this 12 months to compensate our staff globally,” the Redmond, Washington-based software program large stated Monday in an announcement. “Whereas we’ve factored within the impression of inflation and rising price of residing, these adjustments additionally acknowledge our appreciation to our world-class expertise who help our mission, tradition and prospects, and companions.”