Why is Salesforce skipping pay hikes for senior staff this year?

Why is Salesforce skipping pay hikes for senior staff this year?

Salesforce has decided not to give salary raises this year to employees at the director level and above. Instead, the company is focusing merit increases on senior employees (senior managers and below). Details of compensation changes will be shared during performance reviews beginning at the end of March. For senior employees, Salesforce is shifting its rewards toward stock options and bonuses. The company has expanded its stock grant programme…

Salesforce Cuts Raises for Leaders and Bets on Stock to Drive Performance

Salesforce is skipping salary increases this year for employees at the director level and above, redirecting compensation toward stock and bonuses instead, according to Business Insider.  The company says merit increases will focus on lower-level employees, while senior staff compensation will be tied more closely to performance. Stock grants are expanding, with more leaders receiving equity and top performers seeing significantly larger awards.…