(Bloomberg) — Microsoft Corp. plans to “nearly double” its budget for employee salaries and boost the range of stock compensation it gives some workers by at least 25%, an effort to retain staff and help people cope with inflation. The move will mainly affect “early to mid-career employees,” the software giant said in a statement […]
Read More(Bloomberg) — Apple Inc. is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent, according to people with knowledge of the matter. The iPhone maker doled out the bonuses in recent days to a select group of employees in its software and […]
Read More(Bloomberg) — Amazon.com Inc. is more than doubling the maximum base salary it pays employees to $350,000 from $160,000, the company told employees Monday. “This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive […]
Read More(Bloomberg) — Jamie Dimon said that, for the first time in his life, there’s “huge pressure” on the U.S. labor market. “The price of labor’s going up, we’re going to have to deal with it,” the JPMorgan Chase & Co. chief executive officer said in an interview on Fox Business that aired Tuesday. Still, Dimon […]
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