Veteran financial journalist Jon Talton blogs daily on the most important economic news, trends and issues involving Seattle and the Northwest.
Microsoft temps face 10 percent pay cut
The thousands of contractors who work at Microsoft (MSFT) through third-party agencies are facing pay cuts beginning Monday, as Microsoft continues to look for ways to cut costs.
Seattle Times technology reporter
The thousands of contractors who work at Microsoft through third-party agencies are facing pay cuts beginning Monday, as Microsoft continues to look for ways to cut costs.
Microsoft and its contracting agencies agreed to a 10 percent cut in the bill rate, impacting all temporary worker assignments. Several contract employees have said the reduction is being passed on to them in the form of a pay cut. One person said some agencies are seeking to pass deeper pay cuts onto their workers.
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