Apple to Offer $2,500 Worth of Stocks as Bonuses to 'Most Employees Worldwide'
Equally role of its stated plans to repatriate effectually $250 billion of its overseas greenbacks stockpile, Apple has announced that it will exist issuing $2,500 worth of restricted stock units (RSUs) to "most employees worldwide". In an e-mailed message ship to the company'south employees, CEO Tim Cook reportedly said that the determination was the event of his "confidence in Apple's time to come".
He besides said that the company will "match all employee charitable donations, upwards to $10,000 annually, at a rate of two to ane. In addition, Apple will double the amount nosotros match for each hr you lot donate your fourth dimension".
According to Bloomberg News which broke the story, both part-time and full-time employees will reportedly exist eligible for the payout, "up to and including Senior Managers worldwide". Apple reportedly employs effectually 120,000 people globally, including effectually 84,000 in the U.S. The company says that it is aiming to create a further xx,000 jobs in the land over the next five years through diverse channels, both directly and indirectly.
The bonus comes at a time when human rights activists and employee unions worldwide are punitive the visitor for failing to act confronting what they describe as harsh and in-man work weather condition at Foxconn, its primary contract manufacturing partner and other partners in Taiwan and China.
Just last week, a 31-year erstwhile Foxconn worker had leapt to his death from a building inside the company's factory premises in the Henan province, bringing back horrific memories of several such incidences at other Foxconn facilities over the past decade. In addition, the company has come under burn down this calendar week for more than reports of bad working weather in a partner factory in China. The report mentioned loftier noise and environmental pollution, ocular infections and severe fatigue in some workers. Just Apple says the manufacturing plant has complied with the requirements set by its auditors.
The news of the stock bonus arrives just weeks after the controversial Republican tax overhaul was passed by the U.S. Congress last month, paving the mode for companies like Apple to bring dorsum their money from offshore tax havens to the Usa with a one-time rax penalty.
Apple has also announced that information technology volition 'contribute' around $350 billion into the country's economic system over the next five years, including $30 billion in majuscule expenditure. The company also plans to build a new campus in the country at an even so-undisclosed location.
Source: https://beebom.com/apple-stocks-bonus-employees-worldwide/
Posted by: normanlowelies.blogspot.com
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