Bloomberg Technology
Apple Pays $180,000 Bonuses to Retain Talent
Apple has issued unusual and significant stock bonuses to some engineers in an effort to retain talent. Bloomberg’s Mark Gurman reports on “Bloomberg Markets: The Close.”
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Craig Gazimbi
December 28, 2021 at 9:04 pm
Can’t Believe I am the first to comment . #Zimbabwe
UNIQUE
December 29, 2021 at 12:31 pm
I am here for your reply
kace2006
December 29, 2021 at 8:25 pm
What’s 180 USD in your currency? 1 billion ?
Steemit➡️BTC
December 28, 2021 at 9:37 pm
You meant “split” upon right right
23 million dollars $CAD
December 28, 2021 at 9:37 pm
You meant “split” upon right right
A K
December 28, 2021 at 9:46 pm
Pennies..
zionen01
December 28, 2021 at 10:53 pm
Indeed, they would easily 10x that cost to hire and train new people if they can even find new qualified engineers. But kudos for doing it regardless, some companies wait until it’s too late and lose huge sums due to lost talent.
UNIQUE
December 29, 2021 at 12:30 pm
@zionen01
Arise Training System
December 28, 2021 at 10:18 pm
Dam!!!
Kevin
December 28, 2021 at 10:25 pm
$180k not to run away hhaha
John Wick
December 28, 2021 at 10:30 pm
A losing bet.
VV FF
December 28, 2021 at 10:51 pm
18M in cash not to run away may be a thought, 180K in four years in stock??? this is not the Y2K anymore, two generation gap, a new way of thinking Tim Cook, you paying 250B for CHINA for five years, but paying the talent in 4, old generation thinking, how to lead an innovation company to think outside of the BOX for your back in time saying, around you are those think OUT of the space…
casualsuede
December 28, 2021 at 11:33 pm
Lol, those people In the thumbnail ain’t getting those RSU’s.
Aswin Prasad
December 29, 2021 at 12:02 am
First world problems.
Zakariah1971
December 29, 2021 at 12:40 am
Post Steve Jobs Apple is irrelevant. Out.
Mahdi
December 29, 2021 at 12:51 am
180k doesn’t seem like a lot to me
Joshy
December 29, 2021 at 2:10 am
Right for a trillion dollar company smh
JIM VAV
December 29, 2021 at 4:48 pm
For the employees I imagine it would be.
haute03
December 29, 2021 at 8:49 pm
It’s not, especially for RSUs on a standard vesting schedule.
Johnny Boy
December 30, 2021 at 8:36 pm
i honestly don’t think its a lot of money but look those employees are gonna leave regardless.
why?
Apple attracts some of the best talents in engineering nationwide however these guys having seen it all and done it all may simply wanna go elsewhere or build their own company. Especially the ultra driven ones amongst them, $180k (especially in this crazy inflated economy) won’t make them quit their dreams
RILLA
December 30, 2021 at 9:02 pm
@Mahdi You do realize this is only 1 of many forms of payments that people like Software Engineers make right? The average white collar workers at these companies receiving this bonus makes roughly 120 – 150 or more baseline, 180k in RSUs, and annual bonus or sign on bonus on top of traditional benefits. So packages that are worth 250 to 600k a year
RILLA
December 30, 2021 at 9:06 pm
I mean not to be an asshole but as a Software Engineer who just joined this industry I can’t stand hearing people in a privelaged class talk about it not being a lot of money when I come from the other 50% of America that’s earning 42k or less a year, period. The way that comes off to my ears is like…. wooooow
Mahdi
December 30, 2021 at 9:09 pm
@RILLA I agree with that you’re saying, however the article says up to 180k which we can assume is give to a small percentage of its employees. Most are given much lower.
Johnny Boy
December 30, 2021 at 9:27 pm
@RILLA u don’t get it do you, i am not priviledged, $180k is good money but it aing necessarily life changing money for me.
i am a hardware design engineer and with the rising demand for my skills, sorry bruh that money only buys you (my employer) a couple more months.
not my fault, its just how capitalism works, gotta make hay whilst the sun shines and all.
AlphaDream
December 29, 2021 at 12:58 am
meanwhile the people actually making the iphones aint getting shitt
tigerrx
December 29, 2021 at 2:02 am
Why are they showing retail workers in the thumbnail as if they’re the target group 😂
UNIQUE
December 29, 2021 at 12:30 pm
Renzo
December 29, 2021 at 2:02 am
Why tf you showing people who work at the retail store
Official Angrygoldstar
December 29, 2021 at 2:40 am
I hope – Apple is slowly becoming Low class / it’s their price they pay 💰
Fala Ai
December 29, 2021 at 5:06 pm
@Official Angrygoldstar —– They just had their best year ever by a huge margin. So, no!
John Stibal
December 29, 2021 at 5:48 am
I got the hell out of Corporate America and went my own way with a business and investments. I got tired of watching jackasses succeed in a system that rewards nut jobs, narcissists, assholes and is rife with nepotism. I tried to transfer to another dept that suited me better, but they wouldn’t accept me because they could hire someone with a college degree for less, even though those people never stuck around after training because they weren’t getting paid anything. The clown running the show actually recommended that I quit, finish my degree and come back to make less per hour.
Denny H
December 29, 2021 at 5:54 am
didn’t care to watch, someone tell me the catch thanks
Robell Yosief
December 29, 2021 at 12:19 pm
Tech designers of teams that not conventional to typical apple job SOP are getting this so they don’t leave. I.e. engineers on a one off team
UNIQUE
December 29, 2021 at 12:30 pm
@Robell Yosief
Nial Red
December 29, 2021 at 7:29 am
Apple is the most profitable company ever and usually run out of ideas about how to manage their cash.
Still they try to squeeze their talent.
F them. Switch to Meta
Athaporn MCorp Review
December 29, 2021 at 7:59 am
How many months roughly?
Bryan Greenlee
December 29, 2021 at 4:27 pm
For a 2 trillion dollar company, this is really a drop in the bucket!
Joanna Joannabusiness1!
January 2, 2022 at 12:27 am
This is really insulting for a 2 trillion dollar company. Vested 4 years? That’s $180,000 / 4 years, is about $45,000 a year. And you got to stay for 4 years – practically half a decade of your life. Nope.
shishir arora
December 29, 2021 at 9:27 pm
it happens all the time, nothing unusual here
Vader TKO
December 29, 2021 at 11:14 pm
A lot of top talent are going to GameStop.
Abe Froman
December 29, 2021 at 11:26 pm
I would run from apple and go to a smaller tech company in a minute. Nobody wants an Apple car. This just sounds ridiculous. Sounds like a Burger King house.
Fala Ai
December 30, 2021 at 11:58 am
@Abe Froman — The sausage King of Chicago?
Abe Froman
December 30, 2021 at 3:49 pm
@Fala Ai “Uhh, Yeah. That’s me.” 🙂
drew nation
December 30, 2021 at 2:24 am
did he say over 4 years or 5 years? guess 40k doesn’t sound ass good
Wilson
December 30, 2021 at 3:41 am
peanuts compared to those working in banks/hedgefunds
mohamed ifthikhar
December 30, 2021 at 5:24 am
All the current market cap money is been used to retain the talents.. Instead they should increase dividend for the share holders. Trying to spend $2.9T!!!
Julio Reguero
December 30, 2021 at 8:43 am
Pay top talent 10x market value at the minimum, or they will go somewhere else where the rat race is less stressful and time demanding.
David Helmuth
December 30, 2021 at 8:07 pm
The thumbnail is a 20 year old stock photo 😂 They had a picture of an Apple store employee with a PowerBook G4 tag. (They will probably update it)
Desmond Noah
December 30, 2021 at 10:59 pm
If only you know what the future says, you’ll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you”‘ll thank yourself
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December 31, 2021 at 12:24 am
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December 31, 2021 at 12:26 am
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December 31, 2021 at 12:28 am
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Youtube Kullanıcısı
December 31, 2021 at 12:47 pm
Shut it bots.
Kamerton Audiophile player
December 31, 2021 at 12:53 am
It is a smart move from Apple. We will see what happen next.
Paulo Z
December 31, 2021 at 1:14 am
Meta lol
Jenna M
December 31, 2021 at 1:26 am
This is not *news,* this is a norm practice for tech companies to vest RSU’s over time to retain their talent.
eblman
December 31, 2021 at 8:59 pm
Whatever you do, DON”T take a bonus, take a higher wage. Bonuses are taxed at a much higher rate, AND its 1 time event, vs an every paycheck event. ALSO, you should be demanding a 4%+Federal Reserve Interest rate, inflation increase every year to only KEEP UP with inflation. Otherwise, you are loosing.
More importantly why are you trading time for money, when the Federal Reserve/US Gov created 10 trillion of it last year? Seems to me you should be starting your own business, that could later be sold for 1000x what you could make your entire life being an employee.
Richard Cross
January 1, 2022 at 2:30 am
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Berry Goodnews
January 1, 2022 at 3:19 am
Anyone looking to invest or trade the forex
market should get in touch with her
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January 1, 2022 at 3:21 am
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January 1, 2022 at 3:21 am
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Mary Effiong
January 1, 2022 at 3:24 am
This is quite needful but
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Emmanuel Dennis
January 1, 2022 at 3:25 am
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James Collins
January 1, 2022 at 8:40 am
Maybe some Apple employees are sick and damn tired of the super-majority of political asses in Sacramento, and know that their policies are a flat set of multiple failures. Maybe they’re actually tired of being in the worst taxed state in the United States, and they realize they need to move to a conservative run state which is much more friendly to business, as so many other former Californians have already done. Oh sorry… we can’t possibly talk about such political realities on a tech channel.
Engineere Pixlele
January 2, 2022 at 12:11 am
“Black Lives Matter. We support Black lives” banner across the office. Hundreds of engineers in the office… Barely a single actual black person.
Everything’s just virtue signaling
Roy
January 2, 2022 at 2:31 pm
40K a year is not worth staying if you are a top talent of Apple.