MS reduces pay for Silicon Valley staff# Working - 上班一族
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Microsoft on Thursday said it will reduce take-home pay for 1,600 workers in
California's Silicon Valley later this year because it has determined that a
"geographic differential" it had put in place two years ago is no longer
needed to retain employees.
Under the new pay system, which will take effect in August, San Francisco and
Silicon Valley workers will receive a 15 percent differential or bonus, on top
of their regular salaries, instead of the current 25 percent premium.
Though the changes
California's Silicon Valley later this year because it has determined that a
"geographic differential" it had put in place two years ago is no longer
needed to retain employees.
Under the new pay system, which will take effect in August, San Francisco and
Silicon Valley workers will receive a 15 percent differential or bonus, on top
of their regular salaries, instead of the current 25 percent premium.
Though the changes