Salesforce skips top raises
Salesforce said it will not give salary hikes to director‑level and above this year, instead boosting stock and bonus pools — a pay‑mix shift that accompanies ongoing cost moves and a $25B share‑buyback push. The change signals a heavier tilt to equity compensation as the company tightens costs. (hindustantimes.com; stockstotrade.com)
An internal HR memo directs that merit increases will be concentrated at the Senior Manager level (grade 8) and below, according to reporting that viewed the communication. (businessinsider.com) The same internal notes say bonus pools for senior levels were funded at 103%, with employees rated among the highest performers slated to receive between 115% and 140% of their target bonuses. (peoplematters.in) Equity awards will expand: roughly 10% more directors and senior directors are expected to receive grants, and about 80% of those rated “highly successful” will see average grant sizes rise by 20%–40%. (peoplematters.in) On the shareholder front, Salesforce commenced a $25 billion accelerated share repurchase with initial delivery of approximately 103 million shares on March 16, 2026 — an initial tranche the company said represents roughly 80% of the anticipated repurchases and covers half of an authorized $50 billion program. (salesforce.com) Salesforce also priced an underwritten offering of senior notes in the aggregate principal amount of $25 billion on March 11, 2026, filings show. (investor.salesforce.com) Those capital-return and funding moves follow recent workforce reductions: the company cut fewer than 1,000 roles in early February 2026 and disclosed a prior reduction of about 4,000 customer‑support positions in 2025. (money.usnews.com) Employees are scheduled to learn individual outcomes during performance-review cycles beginning at the end of March, and Salesforce says final settlement of the ASR is expected in the third or fourth quarter of fiscal 2027. (b17news.com)
