Apple Grants New Round of $200K Stock Bonuses to Keep Engineers

Apple engineers are expected to return to office several days a week in April.


Apple has again given stock bonuses to some of its engineers, this time with prices between $ 100,000 and $ 200,000, according to a report on Friday. This is part of an effort to retain software and hardware engineers who have been assigned shares for several years, Bloomberg reported, citing unnamed sources. Apple did not immediately respond to a request for comment. It declined to comment to Bloomberg.

Apple reportedly issued surprise stock bonuses to its “top performers” in December across sections including silicon design, virtual reality headsets, hardware and some software and operations groups. Reported bonuses range in price from $ 50,000 to $ 180,000.

The move comes amid fierce competition among technology giants to attract and retain talent in Silicon Valley, and the move comes as Apple sets its office-to-office expectations, announced earlier this month after nearly two years of distant work in the COVID-19 epidemic.

During the company’s annual shareholder meeting, Apple CEO Tim Cook said corporate employees would return to personal work starting in April. Employees must work from the office at least one day a week from April 11 and at least three days a week from May 23.

“For many of you, I know that coming back to the office is a long-awaited milestone and a positive sign that we can become more fully involved with colleagues who have played such an important role in our lives,” Cook said in a memo. In early March. “For others, it may be a turbulent change.

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