Feeds

Microsoft says US staff must chip in for healthcare

A life more ordinary for MS workers

High performance access to file storage

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. ®

High performance access to file storage

More from The Register

next story
Android engineer: We DIDN'T copy Apple OR follow Samsung's orders
Veep testifies for Samsung during Apple patent trial
Microsoft: Windows version you probably haven't upgraded to yet is ALREADY OBSOLETE
Pre-Update versions of Windows 8.1 will no longer support patches
OpenSSL Heartbleed: Bloody nose for open-source bleeding hearts
Bloke behind the cockup says not enough people are helping crucial crypto project
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Windows XP still has 27 per cent market share on its deathbed
Windows 7 making some gains on XP Death Day
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
US taxman blows Win XP deadline, must now spend millions on custom support
Gov't IT likened to 'a Model T with a lot of things on top of it'
Microsoft TIER SMEAR changes app prices whether devs ask or not
Some go up, some go down, Redmond goes silent
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.