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Technology Stocks : Microsoft Corp. - Moderated (MSFT) -- Ignore unavailable to you. Want to Upgrade?

To: alydar who wrote (7229)5/21/2004 2:13:59 AM
From: David Howe  Respond to of 19789
 
<< MSFT medical package was probably above industry standards >>

It was outrageously generous. No co-pay, no deductible, no added cost for spouse and kids. EVERYTHING was covered.

MSFT is doing the right thing by cutting back in places where they are so clearly going beyond the call of duty. Even with the cut backs, they are well beyond almost any other company.

Dave



To: alydar who wrote (7229)5/21/2004 9:04:15 AM
From: Lone Ranger  Respond to of 19789
 
"Also, as of today, MSFT is cutting about $80 million worth of medical benefits from their "innovative" employees. Sure, MSFT medical package was probably above industry standards but don't the employees who helped generate over $50 billion in cash deserve something extraordinary? "

Yes! Something extraordinary coming to a theater near you in July. Btw good expense management to control health care costs.


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