When you purchase through links on our site, we may earn an affiliate commission.Heres how it works.
But as it now seems, the company is over the hump.
For context, Microsoft refers to performance-based raises as merit increases.
Microsoft seems to be on an upward trajectory.
Recently, it ranked asthe world’s most valuable company, with over $3 trillion in market capitalization.
Per Business Insider’s report, Microsoft began its annual review with a performance review last month.
Microsoft employees will reportedly receive notifications about how their performance index affects compensation rates in August.
Payouts will be made late in September.
The company’s decision tocut 10,000 jobs by the end of FY23 Q3was also a contributing factor.
The employees further disclosed the lack of a raise negatively impacted their performance index and morale at work.
