Friday, May 19, 2006

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Changes in compensation at Microsoft

Microsoft announced several significant changes to their compensation and work life packages. Microsoft is facing the same issues that are affecting business everywhere. Here's a link to an article in the Seattle Times about the changes. I find it interesting that most of the changes are related to performance evaluations and work life balance. Living so close to Microsoft I know quite a few people in my neighborhood that work at Microsoft. Their biggest complaints have always been mostly about work life balance. I guess it's no coincidence that many of the topics at this year's WorldatWork conference and GPN Leadership conference were about work life. The workplace continues to evolve as the baby boomers near retirement, a new generation enters the workforce, and the labor market continues to tighten. It should be interesting to see how all this plays out over the next few years. What is your organization doing to enhance work life balance?

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