> 1–2 weeks’ pay per semester of tenure, based on level; six months of fully covered COBRA (remaining 12 months paid by you) and two vesting events in February and May.
> L65-L67 get 4w of pay per year of service, while L64 and below get 2w per year. I’ve been with MS for 10 years, so I qualify for the max payout of 39w.
> Eligibility this time is up to L70, not sure what the package is for L68-70.
It seems to depend on your level (above or below L65 which is first Principal rung). 12 months of health insurance is nice, but the pay seems to be between 3-9 months worth of pay depending on various factors.
It's something like
- 3 months base salary
- plus either 2 weeks or 1 month of pay per year of service (the former if you are at principal level or above)
- 12 months health insurance
Someone posted the terms on Reddit: https://www.reddit.com/r/microsoft/comments/1xg0c5o/microsof...
> 1–2 weeks’ pay per semester of tenure, based on level; six months of fully covered COBRA (remaining 12 months paid by you) and two vesting events in February and May.
> L65-L67 get 4w of pay per year of service, while L64 and below get 2w per year. I’ve been with MS for 10 years, so I qualify for the max payout of 39w.
> Eligibility this time is up to L70, not sure what the package is for L68-70.
Gotta read the link:
“Eligible employees will receive an email with a link to their Voluntary Exit Offer details within the next few hours.”
I did read the entire article. I was wondering if further information was released or if employees on this post had further details.
It seems to depend on your level (above or below L65 which is first Principal rung). 12 months of health insurance is nice, but the pay seems to be between 3-9 months worth of pay depending on various factors.
It's something like - 3 months base salary - plus either 2 weeks or 1 month of pay per year of service (the former if you are at principal level or above) - 12 months health insurance
1 reply →