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Microsoft says it will tie executive bonuses to diversity hiring goals

Discussion in 'Microsoft News' started by Nick Statt, Nov 18, 2016.

  1. Nick Statt

    Nick Statt Guest

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    Following a year of decline in the number of women that make up its workforce, Microsoft says it will now tie executive bonuses to the company’s diversity efforts, according to a report in Bloomberg. The move is a form of pressure to incentivize top leadership to reform the company’s hiring practices in an effort to include more women and minorities. After Microsoft wrote off the acquisition of Nokia’s handset unit and fired thousands of employees, it saw its percentage of female employees dip to 25.8 percent from 26.8 percent a year ago.

    The move mirrors that of fellow tech company Intel, which in August of 2015 announced it would commit $300 million to improve the diversity of its workforce. As part of the initiative, Intel CEO Brian...

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