In order to keep employees at Apple from being poached by rival companies, the company has given the Design Team for iPhone a bonus that could be well worth hundreds of thousands of dollars. The bonuses given were RSU’s or restricted stock units that will last over a period of 4 years.
Designers for hardware that were given bonuses are required to stay with the company to receive the full stock value award that could range from $200,000 to 400,000 potentially even more, depending on how Apple stock does over the coming years.
The executives at the company were bothered by the number of staff they were losing to rival companies such as OpenAI. The company, back in 2021-2022, gave out stock bonuses to engineers in the hardware, software, and silicon design departments to reduce poaching and retain their employees.
