Bloomberg:
Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units, following the introduction of the new U.S. tax law, according to people familiar with the matter.
The iPhone maker will begin issuing stock grants to most employees worldwide in the coming months, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The move comes on the same day Apple said it would bring back most of its cash from overseas and spend $30 billion in the U.S. over the next five years, funding an additional technical support campus, data centers and 20,000 new employees.
Good to see these bonuses are also being given out to retail and part-time employees.
Stock doesn’t keep their retail employees from living out of their cars.
Totally true, while managers get their cash bonuses, employees have to wait for RSU breaking their backs. Those RSU can only be cash once every year.
oh jesus. its free. id be fine with a gift of RSU that i can keep or turn to cash once a year.
Amidst all the hoopla, be sure to notice this: Your health insurance premiums escalated this year. doesn’t matter how you get insurance. Thanks to the Trump economic distraction, you will likely spend that money on increased insurance, food, housing and transportation costs. As the gambit continues, be prepared to lose the ability to write off anything on your taxes. So, the trump illusion of more money in your pocket will soon be more money in the hands of cronies capitalists.
jesus.
no, $2500 of free stock does not, in fact, solve all of their financial problems.
thanks for clearing that up.