Feeds

Microsoft says US staff must chip in for healthcare

A life more ordinary for MS workers

The smart choice: opportunity from uncertainty

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. ®

Designing a Defense for Mobile Applications

More from The Register

next story
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Do YOU work at Microsoft? Um. Are you SURE about that?
Nokia and marketing types first to get the bullet, says report
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
Chrome browser has been DRAINING PC batteries for YEARS
Google is only now fixing ancient, energy-sapping bug
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.