<story><title>Pay-frozen Microsofties not happy to hear of &apos;landmark year&apos;</title><url>https://www.theregister.com/2023/07/03/pay_freeze_microsoft_landmark_year/</url></story><parent_chain><item><author>Hippocrates</author><text>They are right to be mad, but Nadella did cite “the labor market” as one factor in the pay freeze. That’s another way of saying “we won’t pay you more because we don’t need to”&lt;p&gt;At the end of the day I don’t think the justification or excuse is important. It’s a “vote with your feet” scenario.</text></item></parent_chain><comment><author>wlesieutre</author><text>Even if they think their employees couldn&amp;#x27;t find more money somewhere else, &amp;quot;We had a great year and you get an effective pay cut due to inflation&amp;quot; isn&amp;#x27;t going to inspire people to work hard even if they don&amp;#x27;t quit over it.</text></comment>
<story><title>Pay-frozen Microsofties not happy to hear of &apos;landmark year&apos;</title><url>https://www.theregister.com/2023/07/03/pay_freeze_microsoft_landmark_year/</url></story><parent_chain><item><author>Hippocrates</author><text>They are right to be mad, but Nadella did cite “the labor market” as one factor in the pay freeze. That’s another way of saying “we won’t pay you more because we don’t need to”&lt;p&gt;At the end of the day I don’t think the justification or excuse is important. It’s a “vote with your feet” scenario.</text></item></parent_chain><comment><author>mathattack</author><text>That’s exactly it.  They won’t raise salaries if Google and Microsoft aren’t in a rush to hire their top engineers anymore.  They will when those companies are.&lt;p&gt;Companies rarely pay based on contribution. They pay based on what it takes to keep someone from hiring you away.</text></comment>