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Microsoft Offers Underperformers Cash To Quit
Microsoft has instituted a new "globally consistent" performance improvement process. According to internal documents, employees flagged as underperformers now face two options: enter a performance improvement plan with "clear expectations and a timeline for improvement" or accept a "Global Voluntar...
Microsoft has instituted a new "globally consistent" performance improvement process. According to internal documents, employees flagged as underperformers now face two options: enter a performance improvement plan with "clear expectations and a timeline for improvement" or accept a "Global Voluntary Separation Agreement" worth 16 weeks' pay.Affected employees have five days to decide, and those choosing the improvement plan forfeit the severance option. The program, announced in an email from new Chief People Officer Amy Coleman, operates year-round to "address performance issues, while offering employees choice."
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