Microsoft exec tells workers the best way to get a raise is to boost the company's stock price. It's already up 33% this year.
. Its chief marketing officer says there's a way to change that — by working to push the company's stock higher.
"The most important lever for almost all our employees' compensation upside is the stock price," CMO Chris Capossela."So great quarterly results contribute to making the stock attractive which in turn drives everyone's total compensation up." Already so far this year, Microsoft's stock is up nearly 33%, far outpacing the broader stock market, which is up only around 10% over the same time.saying the company was not raising salaries for full-time employees this year, and that it would not"overfund" bonuses and stock awards as it had done in the previous year.economic conditions as a reason for no raises, and said it was making compensation"commensurate with the overall market.
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