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Apple rewards some of its software developers and hardware engineers with a massive US$200,000 stock bonus

In addition to their high salary, some of Apple's software developers and hardware engineers are about to receive a US$200,000 stock bonus (Image: Laurenz Heymann)
In addition to their high salary, some of Apple's software developers and hardware engineers are about to receive a US$200,000 stock bonus (Image: Laurenz Heymann)
The generous stock bonus is supposed to convince important employees to stay with Apple instead of flirting with one of the many competitors who continuously try to snatch highly qualified software developers and hardware engineers from the Cupertino-based iPhone maker.

IT specialists, software developers and hardware engineers are known to be in high demand these days. Due to the shortage, there often is a fierce competition for adequately qualified employees among American tech companies. In addition to a high salary, tech heavyweights like Apple sometimes give their talented employees additional financial incentives which are intended to discourage them from switching to another well-paying employer.

Apple has now once again put together a generous bonus package for certain valuable employees in its software and hardware departments. According to a report by Bloomberg, some developers and engineers are currently being offered up to US$200,000 in form of a stock package, which will be paid out over the course of the next four years. Apple's smallest stock package in this round of bonus payments reportedly amounts to a still substantial US$100,000.

These bonuses are of course tied to the condition that the eligible employees continue to work for Apple during the aforementioned four-year period. In the US, highly qualified tech employees are sometimes poached rather aggressively with an insanely high salary and additional perks and benefits. Therefore, Apple proactively attempts to thwart these attempts with the just described stock bonus, especially since the imminent return to the office is heavily criticized by some of its employees.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2022 03 > Apple rewards some of its software developers and hardware engineers with a massive US$200,000 stock bonus
Enrico Frahn, 2022-03-26 (Update: 2022-03-26)