Microsoft bumps pay to keep top talent
Microsoft said Friday it was raising pay for employees to retain "top talent" in the fiercely competitive market for skilled technology workers.
"Through our history, we have been THE place people came when they wanted to make a difference in the world through software, hardware and services," Microsoft chief executive Steve Ballmer said in a statement.
"This is as true today as it has been at any time in our history, and the changes we're rolling out today will help ensure Microsoft continues to be the place that top talent comes to change the world."
A Microsoft spokesman would not disclose the amount of the wage hikes or how they were being doled out.
The raises come as Internet titans and fledgling startups compete for software and hardware engineers.
Microblogging service Twitter said it was taking new hires on weekly.
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