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Dec 29, 2021

Apple gave select engineers rare stock bonuses worth $50K-$180K to prevent defections to Meta.
Meta poached about 100 engineers from Apple over the past few months. Apple informed some engineers in silicon design, hardware, and select software and operations groups of restricted stock units bonuses, that will vest over 4 years (as an incentive to stay at the company). Apple sometimes awards additional cash bonuses to employees, but the size of the latest stock grants were atypical and surprisingly timed, the people said. They were given to about 10% to 20% of engineers in applicable divisions. Link

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