![]() ![]() In fact, the company intends to “nearly double” the budget for employee salary increases and raise equity ranges by at least 25% for employees at level 67 and below. In a move to show its appreciation for its employees and retain talent, Microsoft CEO Satya Nadella told employees on May 16th that the company would be raising compensation. Microsoft nearly doubles its budget for employee salaries in 2022 In the report, it revealed that the cloud computing service Azure was up 62%, while Surface revenue increased by 6% and LinkedIn by 24%.Ī Forbes article speculated that shutdowns played a crucial part in this growth, saying that they “accelerated cloud usage from current customers yet the most important impact is that it forced slow-to-adopt companies and industries to migrate to the cloud overnight.” Several of Microsoft’s other products, like Skype and Teams, are also well-fitted for remote work, so the company probably won’t be slowing down anytime soon. The software company reported $36.9 billion in Q2 revenue, compared to $33.1 billion the quarter before. While the coronavirus has hit many companies’ revenue over the past few months, it actually gave Microsoft a boost. While these bonuses may be comparable to those found at many Silicon Valley companies, they put Microsoft a level above Amazon and Apple, who notoriously don’t offer free food for employees.Įven as an established, successful company, Microsoft is still continuing to grow.In addition to the standard benefits like dental coverage and discounted company shares, Microsoft employees at the Redmont campus get an assortment of other luxurious perks, including free lunches, game rooms, and on-site gyms.Microsoft also rivals many competitors in employee perks, which have almost come to be expected among many in the tech industry. Nadella has gained high praise inside and outside the company, ranking #6 in Glassdoor’s list of Top CEOs in 2019, with a 98% approval rating. However, if that’s truly the case, the company has been recovering since Satya Nadella took over in 2014. Some speculate that Microsoft’s negative reputation in part stems from its leadership history, particularly its controversial CEO Steve Ballmer. But this perceived ranking isn’t universally accepted.ĭespite its critics, by many accounts, Microsoft is ranked at least as highly as rival tech companies. Engineers may find these projects less exciting, and therefore are less likely to fight over a chance to get involved. “It’s just about hype, is all,” said one commenter on Blind.ĭespite its abundance of newer products like Microsoft Edge and the latest Surface Pro, Microsoft also maintains many legacy products, like Excel or Word. No matter how much you emphasize Microsoft’s success and stability, many can’t get over the fact that a company of its size isn’t on the verge of taking off, only because it already has. “People would either assume I was from Seattle or belittle the company as being ‘way past its prime,’” he said. One former Microsoft employee said that he sensed an air of superiority from Silicon Valley competitors when he was working in the company’s Mountain View office. Headquartered in Redmond, WA, it’s not even technically a Silicon Valley company. ![]() Will working at Microsoft be a weaker resume boost than Apple or Google? According to some people, yes.Īs what many describe as more of a “traditional company,” Microsoft isn’t known for the fast-paced culture that many tech giants boast. Hint: Working at Microsoft is prestigious. So what does that mean for its industry reputation? However, despite its global prominence as an industry leader, it doesn’t always get as much attention in recruitment as its FAANG counterparts. With a market capitalization over $1.58 trillion and dozens of ubiquitous products on the market, Microsoft is considered by some to be the most successful software company. ![]()
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