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Microsoft Workers Won't Get Annual Pay Bump Despite $18.3B in Profit
- boomboomsubban 3y agoDupe https://news.ycombinator.com/item?id=35889709 https://news.ycombinator.com/item?id=35889709
- alexitosrv 3y agoThanks! Strangely is not in the front page. Like it sank out of disinterest (not really).
- saagarjha 3y agoIt ha too many comments.
- dang 3y agoComments moved thither. Thanks!
- noisy_boy 3y agoAnother round of layoffs without actually having to do it. Those who have the ability to find jobs, even in this environment, will leave. Since Microsoft has decided that that risk is totally acceptable to them, the attrition is actually the bonus for the firm.
- imperfect_light 3y agoThis never made any sense to me, aren't you just guaranteeing that the most marketable employees will leave and those that are coasting will stay put?
- dchftcs 3y agoProbably the expectation is that the most marketable ones would receive special incentives including pay bumps and promotions. This makes a strong assumption that the company is able to accurately identify contributors worth the special incentives, which I have no faith in.
- noisy_boy 3y agoOr that the quantum of "surplus" is such that even if some leave, there will be plenty left + the market has plenty of talent inventory anyway after the spate of layoffs.
- lisasays 3y agoIt's not supposed to make sense. Rather, it's done to satisfy whatever piques shareholder anxiety of the current moment.
- occz 3y agoCouldn't have been a stronger signal that workers at Microsoft should unionize. Microsoft are betting on themselves having enough leverage pull this off, a union is your tool to prove them wrong. Good luck!
- deleted 3y ago[deleted]
- DueDilligence 3y ago[dead]