At the time of the epidemic, where other companies are engaged in laying off workers or cutting salaries, there is one company which has set an example by giving a bonus of Rs 1.12 lakh to each of its employees. Actually, Microsoft is giving a pandemic bonus of $1,500 (i.e. over Rs 1.12 lakh) to all its employees. The company has taken this decision in view of a challenging financial year, which the tech giant has just completed.
Part time employees will also get bonus
The Verge, which has seen this internal document, reported in its report that, Microsoft Corporate Wise is gifting bonus to all employees below the President level. This will also include employees working part time and on hourly rates.
There are 175,508 employees worldwide
“Microsoft’s Chief People Officer, Kathleen Hogan, announced employee pandemic bonuses, and it will apply to all eligible employees in the US and internationally,” the report said on Thursday. Let us tell you that Microsoft has 175,508 employees worldwide.
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Employees of subsidiaries not eligible for bonus
However, the report states that employees of its subsidiaries LinkedIn, GitHub and ZeniMax are not eligible for the pandemic bonus. “It’s a gift of about $200 million to Microsoft, or a profit of less than two days”.
Microsoft will open its offices late
Microsoft has announced a delay in reopening its offices until September, as it announced a gradual reopening of its Redmond, Washington-based headquarters and surrounding campuses from March 29 with a 6-stage hybrid workplace strategy is. Currently, Microsoft Work sites in 21 countries are capable of accommodating additional employees at its facilities – representing about 20 percent of its global employee population.
These companies have also given such bonus
Earlier, Facebook gave $1,000 gifts to its 45,000 employees and Amazon had given a $300 holiday bonus for frontline employees.