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☆ Microsoft is preparing to bring on Amazon as a customer of its 365 cloud tools in a $1 billion megadeal, according to an internal document
▼ + stars: | 2023-10-17 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Microsoft is preparing to bring on Amazon as a major customer of its 365 cloud productivity tools, a megadeal that would transform bitter rivals into business partners, according to an internal document and a person familiar with the situation. The e-commerce giant has committed more than $1 billion over five years to secure more than one million Microsoft 365 license seats, according to the document, which was reviewed by Insider. Amazon uses a local, on-premise version of Microsoft's Office products but plans to move to Microsoft's 365 suite of cloud based productivity tools, the person explained. That's around the time when Microsoft releases a new version of its 365 suite of applications with new AI capabilities. A person familiar with Amazon's operations said the company stayed off of the cloud version of Microsoft's 365 products because they didn't previously want to save anything on a competitor's cloud.

Organizations: Microsoft, Amazon, Microsoft's Locations: That's

☆ Leaked Microsoft pay guidelines reveal salary, hiring bonus, and stock award ranges by level
▼ + stars: | 2023-10-16 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Leaked Microsoft pay guidelines viewed by Insider provide insight into how much the company pays new hires by level, with ranges for base pay, hiring bonuses, and annual stock awards. Pay at Microsoft varies by field and location, so a company-wide standard for pay per level across all units doesn't exist. The highest pay package in the guidelines viewed by Insider was $361,500 in salary, $1.2 million as a hiring bonus, and about $1 million in annual stock awards. The lowest was a $42,500 salary, with no hiring bonus and no guaranteed stock award. Microsoft's pay guidelines for job offers:Level 70:Base pay: $231,700 to $361,500On-hire stock awards: $310,000 default to $1.2 million with approvalAnnual stock award range: $0 to $945,000Level 69:Base pay: $202,400 to $316,000On-hire stock awards: $235,000 default to $1.1 million with approvalAnnual stock award range: $0 to $750,000Level 68:Base pay: $186,200 to $291,000On-hire stock awards: $177,000 default to $1 million with approvalAnnual stock award range: $0 to $490,600Level 67:Base pay: $171,600 to $258,200On-hire stock awards: $168,000 default to $700,000 with approvalAnnual stock award range: $0 to $336,000Level 66:Base pay: $157,300 to $236,300On-hire stock awards: $75,000 default to $600,000 with approvalAnnual stock award range: $0 to $160,000Level 65:Base pay: $144,600 to $216,600On-hire stock awards: $36,000 default to $300,000 with approvalAnnual stock award range: $0 to $90,000Level 64:Base pay: $125,000 to $187,700On-hire stock awards: $24,000 default to $250,000 with approvalAnnual stock award range: $0 to $60,000Level 63:Base pay: $113,900 to $171,500On-hire stock awards: $17,000 default to $200,000 with approvalAnnual stock award range: $0 to $44,000Level 62:Base pay: $103,700 to $156,400On-hire stock awards: $11,000 default to $125,000 with approvalAnnual stock award range: $0 to $32,000Level 61:Base pay: $92,600 to $138,100On-hire stock awards: $6,500 default to $75,000 with approvalAnnual stock award range: $0 to $24,000Level 60:Base pay: $83,500 to $125,000On-hire stock awards: $4,500 default to $50,000 with approvalAnnual stock award range: $0 to $16,000Level 59:Base pay: $74,400 to $110,800On-hire stock awards: $3,000 default to $30,000 with approvalAnnual stock award range: $0 to $12,000Level 58:Base pay: $70,300 to $92,600On-hire stock awards: $2,500 default to $20,000 with approvalAnnual stock award range: "By career stage"Level 57:Base pay: $63,800 to $83,000On-hire stock awards: $1,500 default to $10,000 with approvalAnnual stock award range: "By career stage"Level 56:Base pay: $60,700 to $77,900On-hire stock awards: $1,500 default to $10,000 with approvalAnnual stock award range: "By career stage"Level 55:Base pay: $55,200 to $71,300On-hire stock awards: N/AAnnual stock award range: "By career stage"Level 54:Base pay: $51,600 to $67,000On-hire stock awards: N/AAnnual stock award range: "By career stage"Level 53:Base pay: $46,600 to $59,700On-hire stock awards: N/AAnnual stock award range: "By career stage"Level 52:Base pay: $42,500 to $54,600On-hire stock awards: N/AAnnual stock award range: "By career stage"Are you a Microsoft employee or do you have insight to share?

Organizations: Microsoft, . Locations: San Francisco and New York

☆ ADL boss slams CEOs who stay silent after Hamas attacks
▼ + stars: | 2023-10-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Corporate bosses are under pressure to condemn the brutal attacks on Israeli civilians by Hamas. The ADL boss told CNN that many are reluctant to speak out because they "think it's too political." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Many corporate leaders have already condemned Hamas' attacks on civilians and the resulting violence. AdvertisementAdvertisement"Against this backdrop, I would think every corporate leader and every public person should be rushing to say something," he added.

Persons: Jonathan Greenblatt, —, Satya Nadella, Hewlett Packard, Antonio Neri, Greenblatt Organizations: ADL, CNN, Service, Defamation League, Hamas, Norwegian Refugee, LinkedIn, Microsoft Locations: Gaza, Israel, Hamas

☆ Microsoft-owned LinkedIn is telling some workers to return to the office multiple days a week, leaked memo shows
▼ + stars: | 2023-10-03 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Microsoft-owned LinkedIn is asking some workers to return to the office "multiple days per week" starting next month, according to an internal memo viewed by Insider. Unlike return-to-office mandates from other big tech companies like Amazon, LinkedIn's instructions specifically call out "hybrid workers," and do not appear to include those who are fully remote. Hybrid typically describes workers who work remotely and from an office. This memo is the first time that LinkedIn has specified how frequently those workers should expect to be in the office. Previously, there was no mandate for how often hybrid workers must commute in.

Persons: Dan Shapero, Shapero, we've, We've Organizations: Microsoft, company's Global Business Organization, LinkedIn, Meta

☆ Microsoft Windows boss Panos Panay left for Amazon after cuts and canceled products in his unit, insiders say
▼ + stars: | 2023-09-20 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Microsoft Chief Product Officer Panos Panay is leaving for Amazon after the company made budget and staff cuts, canceled products in his division, and amid discussions about a reorganization in his unit, insiders say. Microsoft, Panay, and Amazon did not comment. During nearly 20 years at Microsoft, Panay was notably in charge of the team that developed the Surface hardware business. Windows licensing and the unit's hardware underperformed relative to the company's financial projections, insiders say, and Microsoft responded by dramatically scaling back Panay's division. At Microsoft, insiders say Panay was known as a demanding leader and expected "white glove service" on everything, meaning a premium experience with extra care and attention to detail.

Persons: Panos Panay, Dave Limp, Alexa, Kristy Schmidt, Charlie Bell, Rajesh Jha, Satya Nadella, Microsoft's Organizations: Microsoft, Amazon, Bloomberg, Reuters Locations: Panay, New York

☆ Microsoft AI researchers accidentally leaked company passwords and 30,000 internal Teams messages
▼ + stars: | 2023-09-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

But that accidentally gave full access to a 38TB cloud storage account. However, the cybersecurity firm Wiz discovered that the researchers accidentally gave people access to 38 terabytes worth of data. That's because the Microsoft researchers' GitHub repository told users to download AI models from a cloud storage URL. AdvertisementAdvertisementWiz found that the account included Microsoft employees' personal computer backups, passwords to Microsoft services, secret keys, and over 30,000 internal Teams messages. No customer action is required in response to this issue," Microsoft said in Monday's blog post.

Persons: Wiz Organizations: Microsoft, Service Locations: Wall, Silicon, China

☆ Insider Today: Big Tech goes on trial
▼ + stars: | 2023-09-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +10 min

Speaking of Big Tech, it's a big day for the industry as the DOJ's antitrust trial against Google starts today. It's also a strategy the Department of Justice argues is "anticompetitive and exclusionary" in a landmark trial for Big Tech kicking off today. The trial is the biggest to hit the tech industry since the government sued Microsoft in the late 1990s. AdvertisementAdvertisementMore broadly, the case is a bellwether for how the government could argue future cases against Big Tech companies in the modern era. Each case is unique, but their focus on monopolistic behavior means the Google trial could set precedents followed by both sides.

Persons: Tayfun, it's, there's, you'll, It's, Hugh Langley, Kent Walker, Hugh, Walker, Chelsea Jia Feng, Henry Farrell, Abraham Newman's, Walter Wriston's, Gil Perez, Jamie Dimon, JPMorgan doesn't, Dimon, Elon, Franz von Holzhausen, Musk, Walter Isaacson, Yossakorn Kaewwannarat, VCs, they're, Nicki Minaj, Shakira, Beyoncé, Karol G, Frances Tiafoe, Austin Krajicek, Mackenzie McDonald, Tommy Paul, Rajeev Ram, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Big Tech, Google, Anadolu Agency, Getty, Department of Justice, DOJ, Microsoft, Apple, Federal Trade Commission, Amazon, Meta, Deutsche, JPMorgan, Street, Workers, Gallup, Startup, MTV, Team, Amtrak Locations: Wall, Silicon, Chelsea, New York City, San Diego, London, New York

☆ Leaked Microsoft memo warns managers not to discuss its salary freeze during employee reviews, but to tie 'rewards' to an employee's own 'impact'
▼ + stars: | 2023-08-28 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Notably, the company froze salaries this year and cut its budget for bonuses and stock awards. An internal guide tells managers how to answer when employees ask how those changes impact pay. And now a guide for managers conducting performance reviews, viewed by Insider, instructs managers on how to answer when employees ask how these budget cuts impact an individual's pay. Managers should not use the budget cuts as an "explanation" for compensation decisions for individual employees and instead should emphasize that the employee's own "impact" determines "rewards." "Using budgets or factors besides the employee's impact as an explanation for an employee's rewards will erode trust and confidence within your team," the guide continues.

Persons: Satya Nadella, Kathleen Hogan, Hogan, Ashley Stewart Organizations: Microsoft, Insider

☆ Zoom execs claim its new workplace product is winning sales away from Microsoft's 'clunky' competitor in leaked video
▼ + stars: | 2023-08-24 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Zoom execs told employees Workvivo wins 80% of sales versus Microsoft's "clunky" competitor, Viva. Zoom earlier this year acquired the Irish employee engagement platform Workvivo founded in 2017. Microsoft introduced its own, similarly named Viva employee engagement platform in 2021 and earlier this year updated it to include its employee message board Yammer, now called Viva Engage. Workvivo Head of Sales DJ Cahill told employees that when Zoom's product is competing with Microsoft Viva, Workvivo wins 70% to 80% of those sales. Employee engagement software is a relatively young market that combines workplace chat tools with areas for corporate news, employee goal tracking, employee directories and the like.

Persons: Zoom execs, Workvivo, DJ Cahill, Cahill, Eric Yuan, execs, —, Yuan, Ashley Stewart Organizations: Microsoft, Viva Engage, Microsoft Viva

☆ AI Scams, Spam, Hacking, Are Ruining the Internet
▼ + stars: | 2023-08-08 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +14 min

A report from Europol expects a mind-blowing 90% of internet content to be AI-generated in a few years. A report from Europol, the European Union's law-enforcement agency, expects a mind-blowing 90% of internet content to be AI-generated in a few years. And while AI bots have telltale signs now, experts indicate that they will soon get better at mimicking humans and evading the detection systems developed by Menczer and social networks. While misinformation has long been a problem with the internet, AI is going to blow our old problems out of the water. But security researchers have discovered that the AI bots in your apps and devices might steal sensitive information for the hackers.

Persons: HBO Max, haven't, ChatGPT, Christian Selig, Reddit, Martijn Pieters, He'd, NewsGuard, Gordon Crovitz, NewsGuard's, Filippo Menczer, NewsGuard's Crovitz, Christopher Cowell, Cowell, John Licato, Bing, Florian Tramèr, Toby Walsh, Walsh, Shubham Agarwal Organizations: HBO, Europol, Market, Indiana University's Observatory, Social Media, Facebook, Microsoft, Google, University of South, ETH Zürich, University of New, University of Oxford, Wired, Company Locations: Cambridge, Europol, Portland , Oregon, Etsy, University of South Florida, University of New South Wales, Ahmedabad, India

☆ Leaked Microsoft polls show employees feel much worse about culture and leadership than at the beginning of the year
▼ + stars: | 2023-07-28 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Microsoft workers feel worse about workplace culture and leader effectiveness, internal polls show. Microsoft employees feel significantly worse about the company's workplace culture and the effectiveness of leaders than they did at the start of the year, internal polls viewed by Insider show. Insider viewed screenshots of graphs of daily responses to each question since January. Angry employees recently roasted Microsoft CEO Satya Nadella after he thanked the company's workforce for a "landmark" fiscal year. "Here employees take pay cuts as our company and leadership make record profits," one employee wrote in response to Nadella.

Persons: Satya Nadella, It's, Ashley Stewart Organizations: Microsoft, Daily Signals

☆ Managers say 4-6 pm is now a work 'dead zone.' Employees run errands and take care of kids before logging on later to finish.
▼ + stars: | 2023-07-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

We've now ushered in a "triple peak" day. The result is a "triple peak" day, as The Atlantic's Derek Thompson reported last April. But for those whose work is more solitary or not as time-sensitive, the triple peak day may offer a pathway to greater work-life balance. Working parents, for example, might adopt a triple peak day to spend more time with their kids during the day and finish work once their kids are off to bed. Are you working a "triple peak" day?

Persons: We've, Derek Thompson, Colette Stallbaumer, Mary Czerwinski Organizations: Service, Street Journal, Workers, Microsoft Locations: Wall, Silicon

☆ Microsoft's latest layoffs hit more than 1,000 employees and bring big changes to sales and customer service teams, insiders say
▼ + stars: | 2023-07-18 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Microsoft cut more than 1,000 employees over the past week, insiders say. Microsoft laid off more than 1,000 employees over the past week, primarily in customer service and sales roles, people familiar with the changes told Insider. The cuts go beyond the 10,000 layoffs Microsoft indicated it was planning earlier this year, according to these people. As part of these moves, Microsoft shut its "Digital Sales and Success" group, a sales and customer service team that at one point had thousands of employees. "The focus is more to accelerate consumption than it is to help customers," one person familiar with the changes told Insider.

Persons: Judson Althoff, GeekWire, Ashley Stewart Organizations: Microsoft, Digital, Daily Signals Locations: Washington

☆ A software engineer asked: How do I date an intern? He got roasted on Blind.
▼ + stars: | 2023-07-08 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

A software engineer asked users on work discussion app Blind for advice on how to date an intern. The engineer told Insider he was surprised by the backlash, but still plans to ask out the intern. A software engineer asked an online forum for advice on how to date an intern — and users promptly roasted him. Blind users responded to his question — How can I ask her out? In just one day, dozens of Blind users commented on the post to express their disapproval over the engineer's ulterior motives.

Persons: —, he'd, couldn't, he'll, Microsoft didn't Organizations: Morning, Microsoft, Blind, Oracle, Society for Human Resource Management Locations: American

☆ 10 Things in Tech: Microsoft employees roast CEO Satya Nadella, men use AI for dating profiles, and top investors for fledgling startups
▼ + stars: | 2023-06-30 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

Moving forward, I'll be a senior reporter on our flagship newsletter, Insider Today. Insider Today takes you inside the biggest stories in business, including tech. We're working on revamping Insider Today, and we want your feedback. Please fill out this quick, five-question survey to let us know what you want to see in the newsletter. Before we say "Bye Bye Bye" here — see you soon at Insider Today!

Persons: I'm, Siu, you've, you'll, Rebecca Zisser, we've, Elon Musk, Steve Jobs, Asia Martin, Arantza Pena Popo, Oran Cummins, Satya Nadella, William Bullock, Robert, Teodora Danilovic, Michael Parks, Diamond Naga Siu, Lisa Ryan, Alistair Barr, Hallam Bullock Organizations: Getty, Apple, Microsoft, OceanGate Expeditions Locations: Tech, Silicon, Midtown Manhattan, York City, San Diego, New York City, Silicon Valley, London

☆ Leaked messages show angry employees roasting Microsoft CEO Satya Nadella after he thanked the troops for a 'landmark' fiscal year
▼ + stars: | 2023-06-29 | by ( Ashley Stewart | Julie Bort | ) www.businessinsider.com time to read: +3 min

Microsoft CEO Satya Nadella posted a thank-you note to the troops on Wednesday. In light of all of this, CEO Satya Nadella took to Microsoft's internal message boards on Wednesday to thank the troops, in a message viewed by Insider. But a number of employees reacted to Nadella's thank-you note with salty messages, according to internal posts seen by Insider. Another message, also upvoted by over 100 people, wrote, "Here employees take pay cuts as our company and leadership make record profits. As we previously reported, a recent internal Microsoft poll showed that more Microsoft employees say they would leave if they got another comparable offer.

Persons: Satya Nadella, he's, It's, Ashley Stewart Organizations: Microsoft, Activision

☆ Leaked internal Microsoft poll shows fewer employees have confidence in leadership and gave the worst score to a question about whether working there is a 'good deal'
▼ + stars: | 2023-06-23 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Fewer Microsoft employees indicated they have confidence in leadership in an annual employee poll. A question about whether working at Microsoft is a 'good deal' got the least favorable responses. Fewer Microsoft employees indicated they have confidence in leadership in an annual employee poll, and a question about whether working at Microsoft is a "good deal" received the least favorable responses, according to results viewed by Insider. The percentage of favorable responses was 66% last year, which insiders said prompted Microsoft to announce widespread raises last year. Are you a Microsoft employee or do you have insight to share?

Persons: Satya, Ashley Stewart Organizations: Microsoft

☆ 10 Things in Tech: Titan sub debris, tough questions at Microsoft, and kei trucks
▼ + stars: | 2023-06-23 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Scott Guthrie, Microsoft's executive VP of cloud and AI, oversees Azure and Microsoft 365 cloud software. Microsoft's cloud boss faces tough questions about pay and low morale, leaked messages show. Microsoft employees blasted the company's decision to pause pay raises and cut bonuses and stock awards ahead of a cloud meeting. Son told the company's annual shareholder meeting he believed his firm will be a winner in the AI race thanks to its investments. The tiny Japanese trucks are about 11 feet long and are typically limited to 25 miles an hour.

Persons: Nathan Rennolds, let's, Scott Guthrie, Stephen Lam, he'd, Satya Nadella, Kathleen Hogan, Dimitrios Kambouris, Twitter hasn't, Larry Ellison, Elon Musk's, David Tinson, Masayoshi Son, Son, Ziwei Li, Deb Liu, Elon, Mark Zuckerberg, Zuckerberg, Musk, it's, Read, Jack Sommers Organizations: US Navy, Microsoft, Twitter, Oracle, FIFA, Lyft, Getty, Meta Locations: London, Lyft, Japan

☆ Microsoft's cloud boss faces tough questions about pay and low morale, leaked messages show
▼ + stars: | 2023-06-22 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Employees blasted Microsoft's decision to pause raises and low morale ahead of a cloud meeting. Cloud boss Scott Guthrie told employees at the previous meeting no changes would come to raises. Microsoft cloud boss Scott Guthrie is facing tough questions about the company's decision to pause raises and cut bonuses and stock awards ahead of an employee meeting for the Cloud + AI organization. Many of the questions ahead of Guthrie's latest meeting, initially scheduled for June 8 and then canceled, were directed at Microsoft's senior leadership team, internally abbreviated as LT or SLT. Are you a Microsoft employee or do you have insight to share?

Persons: Scott Guthrie, Guthrie, Satya Nadella, Will LT, Kathleen Hogan, Charlie Bell, Ashley Stewart Organizations: Microsoft, Microsoft's

☆ More Microsoft employees say they would leave if they got another offer, according to an internal poll. It's a sign of falling morale.
▼ + stars: | 2023-06-20 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Less than half of the Microsoft employees who answered an internal poll said they'd stay if they got another offer, an internal message suggests. The poll results come after Microsoft paused raises and cut bonus and stock awards. Less than half of Microsoft employees who answered an internal survey called Daily Signals said they would stay at the company if they received a comparable offer, an internal message viewed by Insider suggests. The latest poll came after Microsoft announced it would not give out raises this year and would reduce bonus and stock awards. The change has been another blow to morale for some employees, according to internal messages viewed by Insider.

Persons: they'd, Microsoft's, Satya Nadella, Kathleen Hogan, Hogan, Ashley Stewart Organizations: Microsoft, Daily Signals

☆ A lonely tech worker's post about being 'a lot happier' after returning to the office sparked a debate around if that's only for people without kids or a hard commute
▼ + stars: | 2023-06-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

A tech worker's post sparked a debate on who benefits or is inconvenienced by returning to the office. Some workers said the return to in-person work helped them feel less isolated. Other workers pointed out that it's less ideal for workers with kids or long commutes. In the Blind post, the employee broke down his average day now that his company works in person, including a one-hour commute by train. A Microsoft employee added that returning to in-person work would be most ideal for people who lived in areas with high quality public transportation.

Persons: I've, Meta's Mark Zuckerberg Organizations: Microsoft, Street Journal

☆ Microsoft paused raises and cut bonuses to 'invest in the AI wave,' exec tells employees in internal message
▼ + stars: | 2023-05-24 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +6 min

One exec explained a reason for the change is "wanting to invest in the AI wave." A Microsoft executive said a reason behind the company's decision to halt raises and cut bonuses and stock awards this year is "wanting to invest in the AI wave," an internal message viewed by Insider read. "The most important lever for almost all our employees' compensation upside is the stock price," Capossela wrote in the message. Some Microsoft employees have been vocal about the blow to morale from pay changes and recent layoffs, saying in internal messages directed at executives and viewed by Insider. That might be true if we were a private company perhaps like a private law firm, but for publicly traded companies like Microsoft, investors become a critical stakeholder.

Persons: Satya Nadella, Chris Capossela, Capossela, I've, Ashley Stewart Organizations: Microsoft, OpenAI, Activision, Companies

☆ Leaked Microsoft messages show employees blasting pay cuts and low morale to executives
▼ + stars: | 2023-05-23 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Some Microsoft employees have criticized the company's decision to halt raises and cut bonus and stock awards, according to internal messages viewed by Insider that were directed at executives. A later email from Microsoft's chief people officer, Kathleen Hogan, which was viewed by Insider, instructed managers to give fewer employees "exceptional rewards." While the comments may not reflect the feelings of all employees at Microsoft, they provide a window into employee sentiment over these changes. On the all-hands call, Bell said: "Merit increases and employee pay are supply and demand-driven, and for years we have enjoyed bigger paychecks than our peers in other sectors." Are you a Microsoft employee or do you have insight to share?

Persons: Satya Nadella, Kathleen Hogan, Hogan, Nadella, Charlie Bell, We've, LT, Bell, Ashley Stewart Organizations: Microsoft, Employees

☆ Microsoft exec tells workers the best way to get a raise is to boost the company's stock price. It's already up 33% this year.
▼ + stars: | 2023-05-19 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Microsoft's chief marketing officer told employees to bump the stock price for raises, Fortune reported. Earlier this month, Microsoft told salaried employees they wouldn't receive raises. The company's stock price is up 33% so far this year, far outpacing the broader stock market. Microsoft employees aren't getting raises this year. "The most important lever for almost all our employees' compensation upside is the stock price," CMO Chris Capossela wrote to employees in an internal conversation, reported by Fortune.

☆ Microsoft's venture capital arm, M12, has faced months of turmoil over a change in strategy and pay, insiders say
▼ + stars: | 2023-05-19 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +11 min

Microsoft's M12 changed its strategy to become less like a VC and more like a business development team. "As with any leadership and strategy change, we aligned our team in a way that helps us meet our future direction. The problem with that shift, sources said, is that a corporate fund needs people who have very different career goals than an independent venture fund does. "Over the last year and half, we brought on new leadership at M12 and intentionally changed our corporate VC strategy. Employees who went along with the strategy change are generally happy at the fund, two of the people said.

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