Feeds

Microsoft says US staff must chip in for healthcare

A life more ordinary for MS workers

The essential guide to IT transformation

Microsoft told its US staff on Friday that from 2013 they would have to pay contributions toward their healthcare costs.

The company’s compensations and benefits veep J. Ritchie told MS employees at a 'Town Hall' meeting in Redmond that Microsoft was “not immune” to the “rising costs” of US healthcare.

"We needed to evolve our US-based healthcare programs. We want to be able to over the long term reduce the rate of increase we’re experiencing in our health plans," he said, according to The Seattle Times.

Ritchie claimed reaction from Microsoft employees to the news that they would have to dish up cash toward their healthcare plans was “pretty positive”.

He did not say how much money MS workers would be required to contribute when the health savings plan changes are implemented in 2013.

The Mini-Microsoft blog, where many current employees of the software giant go to gripe about the firm, had one commentator saying in response to the healthcare move that “Microsoft now looks ordinary to me”.

The blog’s author added: “Do I think the health changes will affect recruiting? Probably not. Do I think it will affect retention? Yes.

“If other tech companies hold steady on their coverage then they close a big gap to hiring experienced people at Microsoft. Look, once you have a family and one or two big boo-boos (medical term) you realise: ‘holy crap, we are so fortunate... I love this company for caring for me and my family so well!’ It's no golden handcuff, but it still anchors you.

“Anchors away.”

All of which topped off a pretty brutal week for Microsoft boss Steve Ballmer, who had his bonus pay capped and saw the company humiliatingly downgraded from 'buy' to 'neutral' by brokerage Goldman Sachs. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Munich considers dumping Linux for ... GULP ... Windows!
Give a penguinista a hug, the Outlook's not good for open source's poster child
Intel's Raspberry Pi rival Galileo can now run Windows
Behold the Internet of Things. Wintel Things
Linux Foundation says many Linux admins and engineers are certifiable
Floats exam program to help IT employers lock up talent
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
Eat up Martha! Microsoft slings handwriting recog into OneNote on Android
Freehand input on non-Windows kit for the first time
Linux kernel devs made to finger their dongles before contributing code
Two-factor auth enabled for Kernel.org repositories
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.