Apple is paying the best talent among its engineers a huge bonus in the form of stock bonuses, Bloomberg reports.
Talent should be tied to Apple and blocked off to its tech rival Meta, to which Facebook belongs.
The rewards are said to range from around $50,000 to $180,000.
Apple pays the best talent among its engineers a massive bonus in the form of stock bonuses, such as “Bloomberg” mentioned. According to this, talent should be linked to Apple and a move away from its tech rival Meta, to which Facebook belongs, should be prevented.
According to the report, which cites people believed to be knowledgeable about the topic, rewards range from about $50,000 to $180,000. The bonuses are said to have caused surprise among the workforce and were presented by managers as a reward for high performers. According to Bloomberg, some engineers who did not receive any shares are said to be outraged and consider the selection process arbitrary.
Accordingly, the rewards go to engineers from the areas of silicon design, hardware, software parts and driver sets. Stock bonuses provide an incentive to stay loyal to the company. The fact that Meta has hired Apple engineers in the past few months, as reported by Bloomberg, shows that this is also essential. It is also said that Apple robbed important employees of the Meta.
So the fight for the best talent in Silicon Valley will likely continue.