#apple bonuses

Apple has awarded rare retention bonuses to its iPhone hardware designers in an effort to curb a growing wave of departures to AI startups, particularly OpenAI. The bonuses, granted as restricted stock units that vest over four years, are valued at approximately $200,000 to $400,000 per recipient over the full vesting period. Apple’s leadership is increasingly concerned about the poaching of key…

Some Apple employees who were expecting a bonus in April will have to wait until October, according to a new report in Bloomberg News. Apple is also more closely monitoring travel budgets and limited hiring for some vacant positions, according to the report. Kif Leswing for CNBC: Some teams were on a twice-a-year schedule with bonus payouts in April and October, according to the report, but now…

Apple pays key engineers another round of $200,000 bonuses not to defect to rivals

Apple is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent, Bloomberg News reports, citing “people with knowledge of the matter.” Apple Park in Cupertino, California Mark Gurman for Bloomberg News: The iPhone maker doled out the bonuses in recent days to a select group of employees in its software and hardware engineering…

Apple is paying top engineers $180,000 bonuses not to defect to rivals

Apple has issued unusual and significant stock bonuses, some up to $180,000, to some engineers in an effort to retain talent, looking to stave off defections to tech rivals. Apple Park, Cupertino, California Mark Gurman for Bloomberg News: Last week, the company informed some engineers in silicon design, hardware, and select software and operations groups of the out-of-cycle bonuses, which are…