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Apple Pays Another Round of Rare $200,000 Bonuses to Some Staff
Apple Inc. is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent, according to people with knowledge of the matter.
The iPhone maker doled out the bonuses in recent days to a select group of employees in its software and hardware engineering departments, said the people, who asked not to be identified because the move isn’t public. The rewards ranged from around $100,000 to upwards of $200,000 in restricted stock units, with some in the company referring to them as special retention grants.
The bonuses are designed to keep the employees from leaving by vesting over several years, and they could become more valuable over time if Apple’s stock price continues to rise. The shares are up more than 40% over the past 12 months, though they’re down slightly in 2022 — part of a broader pullback for tech stocks.
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