Microsoft’s Brad Smith told a U.S. House committee that its board will evaluate top executives’ cybersecurity work when deciding on bonuses.
For top Microsoft executives, one-third of the"individual performance" portion of their bonuses in the new fiscal year will be tied to a review of their cybersecurity work, the company's president, Brad Smith, told a U.S. House committee ahead of a hearing on Thursday.
Individual employees will discuss their cybersecurity contributions with managers in twice-annual reviews with their managers that factor into total compensation.will evaluate its employees' cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company's vice chair and president, told members of a house committee ahead of a Thursday U.S. House committee hearing on the software maker's security practices.
For the current fiscal year, these high-ranking executives might see cybersecurity-related impacts in their pay. "The Board also decided that for the current fiscal year, which ends on June 30, the Compensation Committee will consider explicitly each SLT member's cybersecurity performance when it makes its annual assessment of the executive's performance," Smith wrote.
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