Re:Apple gives top engineers bonuses up of $180k to curtail ...
by gcampos on Wednesday December 29, 2021 @02:54PM
(#29729218)
In tech the usual way it works is “every year you stay, I give you 25% of the bonus” and because the bonus is in stock, it can actually increase over time.
That is why I feel this bonus is not a good idea, $50k/year is not enough comp bump to hold someone in the Bay Area
E.g., there's a 5 person team responsible for a critical component. 4 of them leave in the space of 6 months. So management says to the last one "we'll give you $200k at the end of 12 months." That person then leaves in exactly 12 months and a day - which is fine, because they trained the new team on the critical component.