3 ms·

I think this may backfire. It will give the people who received the bonus more leverage to negotiate better comp somewhere else, and will rub the people who did

• troutmskreplica 5y ago
  I don't think they have a choice either way, but you're right, and I have a friend who recently did this, but not between Apple and Meta. He was working at another well-known tech company that is suffering from a brain drain and he was getting a lot of exposure (including in the press). They gave him a seven figure retention bonus in RSUs, and he used that to get around the same from a competitor where he felt he would have better long-term prospects. Overall his yearly expected comp went up by about 50%, and should be around $750k-$900k at this point.
• curiousllama 5y ago
  Idk about in tech, but often these types of bonuses are (1) highly targeted and (2) come with some sort of agreement to stay. 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.
  • gcampos 5y ago
    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