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Microsoft to double employee salaries?

Press release stated it would “nearly double” its salary budget to retain and hire employees

  • Will also increase the stock range by at least 25%
  • Looks to reward its workforce that is dealing with rising inflation
  • Needs to compete with other tech companies for talent
  • Average salary of Microsoft employee is $122,987 with $14,000 bonus (according to PayScale Inc.)

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