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Microsoft is giving employees a $ 1,500 pandemic bonus

Microsoft is giving its employees a $ 1,500 pandemic bonus. In an internal note seen by The edge, the software giant says that this one-time bonus “is a recognition of the unique and challenging financial year that Microsoft has just concluded.”

Microsoft’s Chief People Officer, Kathleen Hogan, announced the gift to employees today, and it applies to all eligible employees in both the United States and internationally. Microsoft is giving this bonus to all employees below the corporate vice presidential level that started on or before March 31, 2021, including part-time employees and those who have hourly rates.

Microsoft has 1

75,508 employees worldwide, but LinkedIn, GitHub and ZeniMax employees are not eligible for the bonus, despite Microsoft owning these three separate companies. As a result, we understand that it’s a gift of about $ 200 million or less than two days’ profit to Microsoft.

It follows similar employee gifts from big companies over the past year, including Facebook giving its 45,000 employees $ 1,000 each, Amazon’s $ 300 holiday bonus for frontline workers and BT giving its 60,000 employees £ 1,500 each (approximately $ 2,000). Vox Media, owner of The edge, also gifted employees a $ 1,000 bonus at the end of last year.

Microsoft says it has also donated “more than $ 98 million in aid to nonprofit organizations in Washington state” since the COVID-19 pandemic began with plans to commit an additional $ 60 million in aid by July. Since the pandemic began, Microsoft has generated at least $ 160 billion in revenue thanks to a mix of companies flocking to cloud services, a boost in laptop sales and Windows usage, and strong Xbox growth.

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