Microsoft Launches New Employee Rating System For Performance Reviews
Portfolio Pulse from Benzinga Neuro
Microsoft Corp. has introduced a new employee performance evaluation system, termed 'impact descriptors', which will be used to determine employees' compensations and bonuses. The system is designed to evaluate employees' performance, growth mindset and adherence to Microsoft’s cultural values. This comes after a year when Microsoft froze salaries and reduced budgets for bonuses and stock awards.

September 07, 2023 | 9:53 am
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Microsoft's new employee performance evaluation system could potentially improve productivity and efficiency, which may positively impact the company's performance and stock value.
The new system is designed to evaluate employees' performance, growth mindset and adherence to Microsoft’s cultural values. If successful, it could lead to improved productivity and efficiency within the company, which could positively impact the company's performance and, consequently, its stock value.
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