Microsoft Salaries Top $100K Average, $178,159 With Perks
Microsoft's workers earned base compensation of $100,608 in calendar 2008, with benefits and stock pushing total average comp to $178,159, according to a sweeping study showcasing the company's impact on the state of Washington's economy. The study is surely intended to pressure the state legislature into thinking very carefully about tax burdens placed on Microsoft.
Microsoft's workers earned base compensation of $100,608 in calendar 2008, with benefits and stock pushing total average comp to $178,159, according to a sweeping study showcasing the company's impact on the state of Washington's economy. The study is surely intended to pressure the state legislature into thinking very carefully about tax burdens placed on Microsoft.From a Seattle Times column by Brier Dudley:
The report is based on Microsoft circa 2008, before it laid off 5,000 people and cut department budgets by about 10 percent in 2009. Employment has bounced back locally to between 40,000 and 41,000, up from 39,311 in 2008, according to Brad Smith, the company's general counsel.
Microsoft isn't trying to prod the Legislature on any particular measure with the study, but it "shows the importance more broadly of ensuring the tax climate-or the business cost climate-remains attractive," Smith said Friday.
With the region losing the headquarters of a few major companies, the ones that remain should speak up about these topics, he said.
And the study commissioned by Microsoft surely speaks up about the company's level of employment, compensation, purchasing, indirect economic impact, and much more. Here are a few more gems from Dudley's Seattle Times column:
Microsoft bought $2.15 billion worth of goods and services in Washington in 2008. That includes $1.25 billion of contract-programming services and $478 million of business services such as legal work. . . .
From 1990 to 2008, the number of Microsoft jobs grew 13.5 percent a year on average and accounted for 28.5 percent of the growth in statewide employment, which grew 1.7 percent a year on average.
Dudley's written an interesting and balanced column with some compelling comments from Microsoft general counsel Smith-you can read the whole column here.
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