Micron to launch quarterly profit-linked bonuses from fiscal 2027

Micron will introduce a quarterly bonus tied to company profits starting in fiscal 2027, applying to employees worldwide. Payouts are split evenly between cash and stock and vary by performance rating: 110% of the standard amount for 'exceeds expectations', 100% for 'meets expectations' and 35% for 'needs improvement'.

• The quarterly bonus starts in fiscal 2027 and covers Micron employees globally
• Half is paid in cash after quarterly earnings, half in stock accrued quarterly and paid annually
• Ratings pay 110% for 'exceeds expectations' and 35% for 'needs improvement'
• The Taoyuan union went on a 24-hour strike demanding 15% of operating profit