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  Former President Clinton Joins Microsoft CEO Ballmer to Hail Giving Record
Time: 15:32 EST/20:32 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner

Microsoft Corp. marked the end of its annual giving campaign by hosting former President Bill Clinton for a campus visit. Clinton, joining Microsoft CEO Steve Ballmer to reveal the results of this year’s campaign, told a standing-room-only audience of more than 1,000 employees and thousands more watching via webcast that every individual, regardless of status or income, can help solve global challenges such as climate change and poverty.

A Microsoft tradition for 25 years, the giving campaign is a dedicated season of employee involvement and contributions that takes place each October. Microsoft employees donate to thousands of nonprofit organizations working to improve lives. In addition, Microsoft matches U.S. employee donations, dollar for dollar, up to $12,000 per person per year.

This year, employee donations and Microsoft’s matching contributions of cash and software totaled over $72 million, exceeding last year’s tally of $63 million.

Microsoft encourages employees to be involved in their communities through a unique volunteer program that matches each volunteer hour with a cash donation of $17 to the charity. As part of this program in 2007, Microsoft U.S. employees volunteered 129,665 hours to nonprofits, and the company matched more than $2.2 million.

In addition to employee contributions in fiscal year 2007, Microsoft directly donated $68 million in cash and $331 million in software to nonprofits worldwide.

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#1 By 7754 (206.169.247.2) at 11/2/2007 5:07:31 PM
In addition, Microsoft matches U.S. employee donations, dollar for dollar, up to $12,000 per person per year.

Wow. I wonder what kind of restrictions they place on that. That's a heck of a matching program.

#2 By 3653 (65.80.181.153) at 11/3/2007 3:13:56 AM
is it coincidence that microsoft let all their interns have the day off today?

stogies all around!

#3 By 32313 (208.131.186.18) at 11/3/2007 9:26:14 PM
Bill Clinton: "I did not have installation disk for that software"

LOL!

#4 By 12071 (203.158.51.70) at 11/3/2007 9:42:42 PM
#2 Congrats on having a day off!

#5 By 3653 (65.80.181.153) at 11/5/2007 6:24:34 AM
kabuki, its a real shame we cant all show our business cards one day. it sure would be fun to see what/who everybody really is.

#6 By 3653 (65.80.181.153) at 11/5/2007 6:24:54 AM
dup

This post was edited by mooresa56 on Monday, November 05, 2007 at 06:25.

#7 By 52115 (66.181.69.250) at 11/5/2007 8:09:14 AM
Gotta love the political FUD.. Ballmer FUD is enough, but now we have Clinton doing it now too??! Great..

I wonder if he said something like: "On behalf of HILARY, who's running for President by the way, myself and Chelsea, I want to thank you for having me here today.."

#8 By 13030 (198.22.121.110) at 11/5/2007 9:09:32 AM
#5, NotParker would be scared off.

Regardless, Microsofties' altruism is admirable.

On the other hand, it is easy to be generous when you don't pay you employees particularly well and can only dangle the siren's call of future stock-based compensation in front of them.

#9 By 9589 (75.183.127.38) at 11/6/2007 1:47:56 AM
Ch, what make you say that Microsoft employees aren't being paid well.

Also, have you seen the move in MSFT stock this year? It has had a 23% move YTD. I can only dream that the company I work for, a financial services company, would have a stock price move that of MSFT.

#10 By 13030 (198.22.121.110) at 11/6/2007 9:49:54 AM
#9, I've known several Microsoft employees over the years and not one of them has been well-compensated in my opinion. Ten years ago their stock was a big draw and used to justify long work weeks at mediocre pay. Today, there isn't a whole lot to bring talented people there. Keep in mind, I'm not referring to the handful of industry big name types that are occasional big coups for Microsoft. Of course, these people are drawn to Microsoft for a new challenge (and fun)--the big stock options and decent pay are just icing for them.

I get a chuckle out of businesses that wave low salaries and stock options to suckers to keep them working 50 to 60 hours a week for years all on the hope that there will be a big payout in several years. The truth is that only 1% of 1% hit the stock option big time--the rest can consider their "time served" as a "learning opportunity".

I calculate my work compensation by adding my salary and bonuses and dividing by the number of hours I work. (I still keep a time sheet just like I did when I was a consultant.) I think a lot of techies would be disappointed to see what their actual per hour compensation is.

#11 By 3653 (65.80.181.153) at 11/6/2007 5:37:40 PM
ch- "I get a chuckle out of businesses that wave low salaries and stock options to suckers to keep them working 50 to 60 hours a week for years all on the hope that there will be a big payout in several years. "

Personally, I took that very job (except replace 60 hours with 75) right out of college, and made out like a banshee 4 years later. I consider myself one of the lucky ones that I got our with a payday, but the truth be told... its the giving of your whole self to the EFFORT that was an equal benefit. I'm a much better person/worker after going through that fire.

"I calculate my work compensation by adding my salary and bonuses and dividing by the number of hours I work."

I would never hire someone like you. There's nothing wrong with your approach, but you've just critically hurt your chance at great wealth. In the end, its whatever your particular goals in life are. Power to you, just not at my company.

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