Microsoft is gifting its employees a $1,500 pandemic bonus. In an internal memo seen by The Verge, the software giant says this one-time bonus “is in recognition of the unique and challenging fiscal year that Microsoft just completed.”
Microsoft’s chief people officer, Kathleen Hogan, announced the gift to employees today, and it will apply to all eligible employees in both the US and internationally. Microsoft is gifting this bonus to all staff below corporate vice president level that started on or before March 31st, 2021, including part-time workers and those on hourly rates.
Microsoft has 175,508 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 it’s a gift of around $200 million, or less than two days’ worth of profit for Microsoft.