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To retain its best engineers, Apple distributes very generous bonuses

2021-12-29T10:04:23.142Z


While a hundred Apple engineers have been poached by Facebook, employees received more than $ 100,000 in shares last week.


It is an end-of-year gift that those who were surprised to receive it did not expect.

According to Bloomberg, Apple offered its top engineers free shares to congratulate them on their performance.

The value of the share package ranges from $ 50,000 to $ 180,000, with an average of $ 100,000 according to the American media.

An unusual gesture on the part of this group, which prefers to distribute bonuses to its best elements.

The lucky ones, however, will not be able to benefit immediately from this windfall.

Apple distributed them shares subject to restrictions, which cannot be resold before 2025. This should be an excellent operation for the beneficiaries: in 2021 alone, Apple shares soared by 30%.

And in four years, its value has almost increased fivefold.

With this gesture, Apple hopes to retain its best employees in its fold.

Because the talent war is currently intense within Silicon Valley.

According to Bloomberg, the brain drain has hit Apple's division working on a self-driving car project.

And a hundred Apple engineers from the augmented reality, artificial intelligence, software and hardware divisions have been hired by Meta in recent months.

Read alsoFacebook is working on the construction of the "metaverse", the "Grail" of Zuckerberg

The ex-Facebook group is indeed hiring in order to carry out its great project called "metaverse".

And he does not hesitate to put on the table very generous salaries.

This war for talent will soon take place in Europe, where Meta plans to hire 10,000 engineers within five years.

Source: lefigaro

All news articles on 2021-12-29

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