Apple Inc. has issued unusual and significant stock bonuses to some engineers in an effort to retain talent, looking to stave off defections to tech rivals...
The iPhone maker’s drumbeat to return to the office has jarred some employees, leading to engineering defections.
The bonuses, which came as a surprise to those who received them, have ranged from about $50,000 to as much as $180,000 in some cases. Many of the engineers received amounts of roughly $80,000, $100,000 or $120,000 in shares, said the people, who asked not to be identified because the program isn’t public. The perk was presented by managers as a reward for high performers.Apple is waging a talent war with companies in Silicon Valley and beyond, with Meta emerging as a particular threat.
The bonus program has irked some engineers who didn’t receive the shares and believe the selection process is arbitrary. The value of some of the bonuses equaled the annual stock grant given to some engineering managers. And their value stands to increase if Apple’s stock price continues to rise. The shares are up 36% this year, putting the company’s market capitalization at nearly $3 trillion.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Apple offers employees up to $180K bonus to stop defections to Facebook parent Meta: reportApple is paying out surprise bonuses of up to $180,000 to software engineers in a bid to stop employees from defecting to other big tech companies including Facebook parent Meta, according to a new…
Leer más »
Apple Pays Its Engineers $180,000 Bonuses to Stop Them From Joining MetaApple is giving its top talent 'atypical' bonuses in order to stop them from joining Meta, which is looking for engineers to make its way into wearables.
Leer más »
New ProShares Metaverse ETF to track Apple, Meta, NvidiaAre you ready for a metaverse-focused ETF? ProShares makes a filing with the SEC for an exchange-traded fund that will track the performance of the Solactive Metaverse Theme Index, consisting of firms providing or using metaverse-related technologies.
Leer más »
Apple gives top engineers bonuses up of $180,000 to curtail defections to Meta, other rivalsThe bonuses, which come in the form of stock grants that vest over four years, are part of an escalating battle for engineers.
Leer más »
All Apple Stores in the 'Big Apple' are closed to shoppersApple is closing to shoppers temporarily all of its stores in the five boroughs of New York because if the rapidly spreading Omicron version of COVID.
Leer más »