Leaked Microsoft pay guidelines reveal salary, hiring bonus, and stock award ranges by level
(www.businessinsider.com)
from L4s@lemmy.world to technology@lemmy.world on 17 Oct 2023 06:00
https://lemmy.world/post/6916396
from L4s@lemmy.world to technology@lemmy.world on 17 Oct 2023 06:00
https://lemmy.world/post/6916396
Leaked Microsoft pay guidelines reveal salary, hiring bonus, and stock award ranges by level::The guidelines viewed by Insider show ranges for base pay, hiring bonuses, and annual stock awards but vary by role and location.
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This is the best summary I could come up with:
It’s unclear how broadly the guidelines apply, or whether they are just for one specific role or business, but the ranges provide a window into how Microsoft thinks about its various level designations.
The lowest was a $42,500 salary, with no hiring bonus and no guaranteed stock award.
There’s also a level 80 for a “technical fellow,” which is typically one of the highest-ranking executives at the company.
In 2022, when the economy was still booming, Microsoft granted an across-the board compensation raise for levels 67 and lower through larger stock grants, in response to growing internal dissatisfaction with compensation compared to competitors, and to stop employees from leaving for better pay, especially to Amazon.
As Insider previously reported, earlier this year, as the economy faltered, Microsoft froze base pay raises and cut its budget for bonuses and stock awards.
Contact reporter Ashley Stewart via the encrypted messaging app Signal (+1-425-344-8242) or email (astewart@insider.com).
The original article contains 800 words, the summary contains 154 words. Saved 81%. I’m a bot and I’m open source!
Paywall, and no complete dump of the ranges?
Microsoft’s pay guidelines for job offers:
Level 70:
Base pay: $231,700 to $361,500
On-hire stock awards: $310,000 default to $1.2 million with approval
Annual stock award range: $0 to $945,000
Level 69:
Base pay: $202,400 to $316,000
On-hire stock awards: $235,000 default to $1.1 million with approval
Annual stock award range: $0 to $750,000
Level 68:
Base pay: $186,200 to $291,000
On-hire stock awards: $177,000 default to $1 million with approval
Annual stock award range: $0 to $490,600
Level 67:
Base pay: $171,600 to $258,200
On-hire stock awards: $168,000 default to $700,000 with approval
Annual stock award range: $0 to $336,000
Level 66:
Base pay: $157,300 to $236,300
On-hire stock awards: $75,000 default to $600,000 with approval
Annual stock award range: $0 to $160,000
Level 65:
Base pay: $144,600 to $216,600
On-hire stock awards: $36,000 default to $300,000 with approval
Annual stock award range: $0 to $90,000
Level 64:
Base pay: $125,000 to $187,700
On-hire stock awards: $24,000 default to $250,000 with approval
Annual stock award range: $0 to $60,000
Level 63:
Base pay: $113,900 to $171,500
On-hire stock awards: $17,000 default to $200,000 with approval
Annual stock award range: $0 to $44,000
Level 62:
Base pay: $103,700 to $156,400
On-hire stock awards: $11,000 default to $125,000 with approval
Annual stock award range: $0 to $32,000
Level 61:
Base pay: $92,600 to $138,100
On-hire stock awards: $6,500 default to $75,000 with approval
Annual stock award range: $0 to $24,000
Level 60:
Base pay: $83,500 to $125,000
On-hire stock awards: $4,500 default to $50,000 with approval
Annual stock award range: $0 to $16,000
Level 59:
Base pay: $74,400 to $110,800
On-hire stock awards: $3,000 default to $30,000 with approval
Annual stock award range: $0 to $12,000
Level 58:
Base pay: $70,300 to $92,600
On-hire stock awards: $2,500 default to $20,000 with approval
Annual stock award range: “By career stage”
Level 57:
Base pay: $63,800 to $83,000
On-hire stock awards: $1,500 default to $10,000 with approval
Annual stock award range: “By career stage”
Level 56:
Base pay: $60,700 to $77,900
On-hire stock awards: $1,500 default to $10,000 with approval
Annual stock award range: “By career stage”
Level 55:
Base pay: $55,200 to $71,300
On-hire stock awards: N/A
Annual stock award range: “By career stage”
Level 54:
Base pay: $51,600 to $67,000
On-hire stock awards: N/A
Annual stock award range: “By career stage”
Level 53:
Base pay: $46,600 to $59,700
On-hire stock awards: N/A
Annual stock award range: “By career stage”
Level 52:
Base pay: $42,500 to $54,600
On-hire stock awards: N/A
Annual stock award range: “By career stage”
Ranges don’t mean much unless you know what they mean.
See www.levels.fyi/?compare=Microsoft&track=Softw…
Wtf are these levels, do I have to get XP from pokemon battles?
I think you need to win against people in comparable level or above your level
I’m equivalent to level 69 :nice:
Level 52, 42k/year…
What’s level 1 then?
Level 1
Base pay: 3.50
Bonus: chicken nuggets default to chicken strips on approval.
Goddamn Loch Ness Monster!
Overseas, surely.
.
.
Will the level 80 “technical fellow” please stand up?