Interesting, Apple pays $180k over 4 years to prevent good engineers from going to Meta.
Meanwhile, Meta gives >$1M in discretionary equity to top performers to prevent them from leaving. I don't think Apple picked a big enough number here.
Meanwhile, Meta gives >$1M in discretionary equity to top performers to prevent them from leaving. I don't think Apple picked a big enough number here.
Most of the engineers receiving these bonuses would never get discretionary equity at Meta. Discretionary equity is given to < 1% of engineering every year. Of course, Meta also has very generous regular RSU and bonus schemes.
Much better wording than what the article says, which is "likely meant to keep companies like Facebook parent company Meta from poaching employees".
Poaching, as far as I know, is illegal trafficking of animals. Why are media companies insisting we see the human workforce as animals, and that we should view companies offering better pay/work as "stealing" employees when in reality, it's just people switching jobs, something that is normal?