The Microsoft Salary and Review System
f1055man writes "If you can make it through the obvious bias, Washington Alliance of Technology Workers (WASHTECH) has put together a revealing article on Microsoft's salary and review system. 'Internal Microsoft documents obtained by WashTech News show that Microsoft salaries have been stagnant or nudged only slightly higher over the past two years. Comments from current and former employees about the company's compensation and performance review system suggest a growing level of frustration among rank-and-file workers.'"
In the end, maybe it just maybe the time to move on...or better still start something on your own.
When I didn't get the raise I wanted, I didn't get all pissed off; I didn't even go look somewhere else. I just started my own computer repair/networking/etc. business on the side. It's been over a year now, and it's been a huge blessing both monetarily and in other, less tangible ways. There's probably not a person reading this that couldn't do the same. There's always more money to be found out there. Before I had my current skill set, if we started having trouble making ends meet, I'd just take on another shitty dishwasher-type job for a while. Thankfully now I'm able to be a little more entrepreneurial about it. Just wish I had the balls to do it full time...
I am not left-handed, either!
Companies that are owned by stock holders are only interested in profits, and then only as a way to boost stock share prices enough for them to sell for a gain. That means companies with stock holders do stupid things like fire 30% of their staff to make a profit or create short term gains at the cost of long term growth, thus threatening everyone's jobs.
I'd suggest anyone working for such a company to quit.
The company has no long term investment in you and would fire you in a minute if it meant their bottom line would increase their stock values. Half the time they aren't even looking to be more profitable... they just want to increase stock prices. The trend of not paying dividends has left public held companies in bad standing.
What you should be looking for is a small company that will value you and where replacing you would be painful and where making you a better and empowered worker wont threaten the employer with ideas that you'll run away with your new found skills.
Or better yet, start your own company. If you are working for a company (if a company pays you) you're obviously worth twice that. They can't make a profit on you if you aren't.
Here's one reason you're feeling poorer: You're being gouged on property taxes. In my neighborhood the market price of condos has more than tripled in the past seven years. If tax rates remain the same that means taxes have tripled. But have school enrollments tripled? Have police salaries tripled? Have there been three times as many fires? No, no and no. Rising real estate prices have become a money grab for politicians. You need to get involved with your local politics and insist that property tax rates be adjusted downward so that what you pay reflects the true cost of delivering municipal services.
Insert witty sig here.
It could be significant because MSFT has been doing it while increasing their quarterly profits. When a company needs cash and stiffs their workers on salaries it's a lot more understandable than a company that still manages to increase their quarterly numbers. It would breed a lot of resentment among the rank and file.
It might really be significant if MSFT had to stiff their workers to increase quarterly numbers. Their sales are nearly pure profit, billions in cash every quarter. And they're telling their employees "No soup for you!"
Doesn't make sense. MSFT is not an airline or a smokestack industry. Their sunk costs are pretty insignificant compared to their cash profit margin. For a cash rich company this behavior is oddly out of synch with their earnings.
That's our life, the big wheel of shit. - The Fat Man, Blue Tango Salvage
Joel Spolsky, who has a nice blog called "Joel on Software",
wrote a very thought provoking article back in 2000. It is
called "Incentive Pay Considered Harmful".
He discusses how *not* to manage smart, highly educated employees.
Since Joel is a programmer who used to work at MS, his case comes directly
from Redmond.
Quem a paca cara compra, paca cara pagará.