Apple Again Rewarding Some Engineers With Up to $200K in Stock Bonuses
Apple is again providing stock bonuses to some engineers in order to encourage them to stay with the company, reports Bloomberg. Select hardware and software engineers are receiving bonuses of up to $200k, a rare offering from Apple.
Back in December, Apple provided up to $180,000 in bonuses to select engineers in silicon design, hardware, and operations, while the new bonuses are going to both hardware and software engineers. The source who told Bloomberg about the new round of bonuses said that fewer engineers are receiving the special grant this time around.
The bonuses, ranging from $100,000 to $200,000, have been provided in the form of restricted stock units that are set to vest over the course of four years provided the employees stay with Apple and do not take jobs at other companies.
Apple has been providing bonuses to encourage employee retention and to prevent other companies like Meta from poaching its top talent.
Popular Stories
It is now mid-July, and that means the iPhone 18 Pro and iPhone 18 Pro Max are now just two months away. The devices are expected to look similar to the iPhone 17 Pro and iPhone 17 Pro Max, but there will still be many year-over-year changes, with rumored features including a smaller Dynamic Island, 5G via satellite, and more.
Apple is expected to unveil the iPhone 18 Pro, iPhone 18 Pro Max, ...
Apple's annual Back to School promotion is now live in select countries in Asia, including China, India, Malaysia, the Philippines, Singapore, Taiwan, Thailand, and Vietnam.
The offer provides college students and educational staff with a free item with the purchase of an eligible Mac or iPad model. The exact offer varies by country, with options including a pack of four AirTags, AirPods 4,...
Carrier-financed iPhones purchased from Apple will soon be locked to the carrier, ending a workaround customers used to purchase an unlocked iPhone on a payment plan.
Until the rule change, buying an iPhone from Apple and opting for financing through Verizon or T-Mobile meant you would get an iPhone not locked to either carrier's network. That's no longer the case, and now iPhones financed...
