It has been a tough year for all of us since the Coronavirus spread worldwide. Despite most of the other sectors having to shut down for a while, the IT industry was the first to respond to the pandemic. Despite the fact that the employees were unable to come to work, the workplaces have been invading the homes of IT employees for more than a year. And it seems that being stuck at home for a considerable amount of time was about to get under the skin of people. Hence to boost the morale of employees, IT companies have started to recognize their extra efforts and have started to reward in monitory ways.
Microsoft Announces Rs. 1.12 lakh for employees
In recognition of the completion of 1 year amid challenging times, the tech giant has announced a pandemic bonus of $1500 (approx. 1.12 Lakh) for all its employees. It includes all the staff below the echelon of corporate vice presidents.
The reward will be issued to part-time workers and those working on hourly rates. All the employees who have joined the organization on or before March 31, 2021, are eligible for the bonus. Also, all the US, as well as International employees, qualify for the benefit.
It needs to be noted that Microsoft has 175,508 employees worldwide. The amount to be disbursed as a gift is around $200 Million or less than two days’ worth of profit for Microsoft.
Microsoft, not the only one
Concerning Employee welfare, Microsoft is not the only IT organization at the front. Earlier to Microsoft, Facebook and Amazon also had declared gifts for their employees. Facebook has decided to gift $1000 to its 45000 employees. Amazon also granted a $ 300-holiday bonus for all its employees.
So, finally, after the pandemic-struck grueling year of Work from Home, there will be some smiles on the faces of IT employees. Happy Days in the Offing.