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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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.