NYT May 28, 2019, by Daisuke Wakabayashi
LA Times December 7, 1997 by Leslie Helm (later Editor of Seattle Business Magazine)
"And earlier this year, about 90 receptionists were fired and told that Microsoft's clerical needs would henceforth be handled by an outside provider, with which they could enlist. Along with their jobs, those employees lost their Microsoft benefits and stock options.
"We were overpaying them," said Bob Herbold, Microsoft's chief operating officer."
And the push to use more temporary workers has paid off for the company. “Boy, it’s had a positive impact financially,” Herbold said in an interview.
From C-Net January 2002 about Herbold's compensation, who was the highest paid employee (more than twice what Gates was paid) or Seattle Times, September 30, 1997 by Michele Matassa Flores (now Executive Editor of the Seattle Times).
Microsoft's chief operating officer Bob Herbold received $1.18 million in salary and bonuses last year, and another $3 million from selling stock.
Was he overpaid?
"We were overpaying them," said Bob Herbold, Microsoft's chief operating officer."
And the push to use more temporary workers has paid off for the company. “Boy, it’s had a positive impact financially,” Herbold said in an interview.
From C-Net January 2002 about Herbold's compensation, who was the highest paid employee (more than twice what Gates was paid) or Seattle Times, September 30, 1997 by Michele Matassa Flores (now Executive Editor of the Seattle Times).
Microsoft's chief operating officer Bob Herbold received $1.18 million in salary and bonuses last year, and another $3 million from selling stock.
Was he overpaid?
