Microsoft woos its own employees
Now that it's competing with Google and Yahoo to attract top programming talent, Microsoft has finally responded to employee complaints. The software giant is revamping its benefits and compensation plan, starting with putting the towels back in company gyms, a move that brought cheers from an audience of Microsoft employees assembled for a "town-hall" meeting in Microsoft's Redmond, Wash. headquarters campus. More substantial changes were made in the review system, which will no longer rely on a forced-ranking mechanism widely disliked by employees and managers. Stock awards will also increase. Microsoft blogger Robert Scoble credited Mini-Microsoft, a blog written by an anonymous Microsoft employee, with spurring the changes.
Posted by Owen Thomas 11:03 AM 0 Comments comment | Add a Comment

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.