CEO Satya Nadella said the company plans to double its global budget for merit-based salary increases and boost stock compensation by 25 percent, Geekwire first reported May 16.
The move comes as tech stocks have been falling and other companies, such as Meta and Twitter, saying they would slow hiring. At the same time, the market for tech talent remains competitive.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.