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‘Help improve stock price to get raises’ – Microsoft Cmo tells employees after company suspends pay raises


By CNBCTV18.com May 21, 2023 8:26:01 PM IST (Released)

“The single most important lever for increasing compensation for almost all of our employees is stock price,” Fortune, quoting Microsoft Chief Marketing Officer Chris Capossela, told employees in an internal communication, adding: “Such strong quarterly results help make the stock attractive, which in turn drives up everyone’s total compensation,” he said.

Microsoft Chief Marketing Officer (CMO) Chris Capossela recently explained to his employees a way to get a raise – by working to drive up the company’s stock, Fortune reported.

Microsoft decided not to give its employees a raise this year, which angered many of its employees.

“The single most important lever for increasing compensation for almost all of our employees is share price,” Fortune quoted Capossela, adding, “Such good quarterly results help make the stock attractive, which in turn increases everyone’s total compensation,” he said.

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