LOS ANGELES (AP) — Microsoft Corp. on Thursday announced what it called its "most significant investment in overall compensation" for its employees in its history, as it jostles to keep talent from fleeing to rival technology companies like Facebook, Google Inc. and Amazon.com Inc.

CEO Steve Ballmer announced the changes in an email sent to employees Thursday morning.

"The changes we're rolling out today will help ensure Microsoft continues to be the place that top talent comes to change the world," Ballmer said.

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