Does Microsoft match ESPP contributions?

New / Eng MSFTE
Jan 2 10 Comments

Yet another MSFT benefits question.

Somewhere in the benefits website says that if you max out ESPP, i.e. contributing %15 of base, Microsoft may contribute $2500.

Is this a lie? I don't see anyone mentioning it, or anywhere else in plan descriptions.

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TOP 10 Comments
  • Facebook EatCode
    It is a distortion of the truth. If you max out ESPP you buy ~$25k/yr in stock at a 10% discount, which saves you around $2500 over fair market value at the time of purchase. There is no other “match” than this.
    Jan 2 1
    • New / Eng MSFTE
      OP
      Makes sense.
      Jan 2
  • Microsoft 4655434b
    If you MAX out your ESPP, which is capped at 25k, you may get an extra 2500, if u sell immediately at the price that is exactly 10% higher than your cost basis...
    Jan 2 0
  • New / Eng MSFTE
    OP
    most likely, as EatCode said, is 0.1*25000, but the wording is confusing, specially the word "additional".
    Jan 2 0
  • Salesforce willforce
    That doesn't make sense as a benefit
    Jan 2 0
  • New / Eng MSFTE
    OP
    Jan 2 0
  • New / Eng MSFTE
    OP
    Found it in hrweb, HR tools tab, then benefits tab, scrolling down to savings and insurance.
    Jan 2 0
  • Microsoft Big Pun
    What? U sure you dont have hsa contribution confused with espp?
    Jan 2 0
  • Apple Snut Ella
    Not finding it.
    Jan 2 0
  • Microsoft 4655434b
    Where did you see this?
    Jan 2 0