What are some of the benefits that Msft offers to their full time employee ? ( apart from competition, stocks..)
Layoffs
There really isn’t any. Worked there for a few years. Gym membership Loll or you get workout gear for $800 which is nice. Health benefits are pretty good too.
"Workout Gear" includes dual-use things like hiking boots.
5 months pat leave, 2 weeks bereavement leave all paid. There is also a paid leave for someone in your family getting sick. Medical is still really good, also now covers fertility treatments . 401k matching is 9k per year (50%), you can also do 27k after tax 401k which you can convert to Roth (55k.a year into 401k). Lots of other small things, but those are the common ones.
Friend of mine just got offered a Level 67 position. I’m thinking that fat wad of cash and stock he’s making working with Azure is pretty good.
Care the share some numbers?
Base of $250k, $500k RSU, $25k sign on bonus. I was thinking I need a gig like that.
Shitty coffee! You'll get plenty of that. Aside from that- the chance to work with likeminded people. Likeminded in the sense that you'll all want to leave MS ASAP.
Why don't u leave then ? What's holding u here ?
Good work life balance in many teams. Insurance is top notch too. I have offers from top companies and honestly MS total comp is not nearly as bad as people claims to be once you factor in all the extra benefits we have.
Microsoft pays well, life isn't a rat race. People are absolutely silly complaining about wages at microsoft. If people think they can get more, and that's what is important, they should leave.
Teams are very different let alone disciplines. In most orgs PM has an even easier life.
The after tax 401k is the best (hidden) benefit for me. It was 20k a yr and from 2018 it is 27.5k. Thats a lot of cash to be able to push into 401k and backdoor to roth ira every year. Very few employers offer this perk. Yes i call it a perk even tho technically Microsoft isnt contributing anything directly to that part of the 401k plan but just making it available when most employers dont is a major plus.
you can find up to date msoft benefits @ perks.guide
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Constant layoffs, politics, below market comp...
Are there particular team or orgs for layoff ?
Which roles have these layoff ? Engg ?? Pm ??