Microsoft Announces Special One-Time Cash Awards for Employees
Bonus equivalent to 10-25% of annual bonuses aims to reward and retain talent amid strong Q4 performance.
- Microsoft's Q4 revenue increased by 15%, reaching $64.7 billion, surpassing expectations.
- The cash awards will be distributed in September and vary by employee level, with junior staff receiving up to 25%.
- Executives are excluded from the bonus, which is designed to be more impactful for lower-level employees.
- The move comes as Microsoft continues to invest heavily in AI and cloud technologies.
- Despite the bonus, Microsoft's stock saw a slight decline due to mixed reactions to its Azure growth.