Tuesday, November 03, 2009

Microsoft changes Relocation Policy

According to Afro Press, Microsoft Corporation has changed its Relocation Policy to extend the payback agreement for those transferees who leave the company. Going forward if an employee joins the Microsoft Corporation, they will be asked to sign a payback agreement that calls for repayment of relocation expenses to the corporation if they leave prior to 24 months. This is in part due to the housing market conditions.

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