The latest data from Microsoft’s annual survey, “Employee Signals,” shows a decrease in employee satisfaction with the company. Only 62% of employees responded positively to the question about feeling they are getting a good deal at Microsoft, down from 69% in the previous year. This decline comes after Microsoft announced a pause on raises, as well as cuts to bonuses and stock awards.
The importance of this question cannot be overstated. It helps Microsoft understand employee sentiment regarding work-life balance and compensation. In 2022, a declining score on this question led to significant pay raises for employees to address growing dissatisfaction with compensation and prevent them from leaving for competitors like Amazon. However, following the pay raises, the economy slowed down, and Microsoft proceeded with layoffs.
In response to these challenges, Microsoft has halted salary increases and reduced its budget for stock and bonuses. Nevertheless, the company plans to resume performance-based raises for certain employees during this year’s review cycle. If you are a Microsoft employee or have insights to share, contact reporter Ashley Stewart through the encrypted messaging app Signal (+1-425-344-8242) or by email (astewart@businessinsider.com), using a non-work device.
