Apple Once more Rewarding Some Engineers With As much as $200K in Inventory Bonuses


Apple is once more offering inventory bonuses to some engineers with a purpose to encourage them to stick with the corporate, experiences Bloomberg. Choose {hardware} and software program engineers are receiving bonuses of as much as $200k, a uncommon providing from Apple.

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Again in December, Apple supplied as much as $180,000 in bonuses to pick engineers in silicon design, {hardware}, and operations, whereas the brand new bonuses are going to each {hardware} and software program engineers. The supply who advised Bloomberg in regards to the new spherical of bonuses mentioned that fewer engineers are receiving the particular grant this time round.

The bonuses, starting from $100,000 to $200,000, have been supplied within the type of restricted inventory models which are set to vest over the course of 4 years supplied the workers stick with Apple and don’t take jobs at different corporations.

Apple has been offering bonuses to encourage worker retention and to stop different corporations like Meta from poaching its prime expertise.

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