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Luke James is a freelance writer and journalist.\u00a0 Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.\u00a0 ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-20/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Luke James Social Links Navigation Contributor Luke James is a freelance writer and journalist. Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.
Marlin1975 And that is how you keep employees happy and from leaving. Better that than making another person a billionaire. Reply
TechieTwo While I have no issue with spreading the joy around the incredible bonuses illustrates just how evil the exploitation is of those buying the products. As ye sow… Reply
bigdragon This profit-sharing bonus system should be the norm everywhere. All employees deserve more when the company does well — not just the leeches in suits at the top. Reply
DS426 bigdragon said: This profit-sharing bonus system should be the norm everywhere. All employees deserve more when the company does well — not just the leeches in suits at the top. Beyond the moral or values aspect as you mentioned (and I agree with), it certainly provides a competitive advantage. I'm surprised it's not more common, even with a lower rate like 5%. The labor market had been fairly tight until recently in the U.S. once everyone went back to work after COVID. My employer has a profit-sharing program in place — it's a percentage gain on one's own wage rate and it does have a cap. I assume this is the more common approach as I don't see most employers excited about giving a janitor that makes $40K/yr a $90K bonus. Reply
S58_is_the_goat If this was an American company they'd get a pizza lunch and 8gb stick of memory… Reply
thrus DS426 said: Beyond the moral or values aspect as you mentioned (and I agree with), it certainly provides a competitive advantage. I'm surprised it's not more common, even with a lower rate like 5%. The labor market had been fairly tight until recently in the U.S. once everyone went back to work after COVID. My employer has a profit-sharing program in place — it's a percentage gain on one's own wage rate and it does have a cap. I assume this is the more common approach as I don't see most employers excited about giving a janitor that makes $40K/yr a $90K bonus. And see how they would like telling all the engineers and executives to empty their own trash to the dumpster and vacume their own floors. Reply
acadia11 TechieTwo said: While I have no issue with spreading the joy around the incredible bonuses illustrates just how evil the exploitation is of those buying the products. As ye sow… You are just noticing now? Atleast the wealth is being spread to the rank and file. Reply
acadia11 DS426 said: Beyond the moral or values aspect as you mentioned (and I agree with), it certainly provides a competitive advantage. I'm surprised it's not more common, even with a lower rate like 5%. The labor market had been fairly tight until recently in the U.S. once everyone went back to work after COVID. My employer has a profit-sharing program in place — it's a percentage gain on one's own wage rate and it does have a cap. I assume this is the more common approach as I don't see most employers excited about giving a janitor that makes $40K/yr a $90K bonus. And why shouldn’t they? Greed is good for some but not others? Good on to the janitor that keeps those clean rooms clean! Reply
King_V S58_is_the_goat said: If this was an American company they'd get a pizza lunch and 8gb stick of memory… I think that 8gb stick of memory is just fantasy. The pizza part, I could believe. Reply
Rand0m_Guy TechieTwo said: While I have no issue with spreading the joy around the incredible bonuses illustrates just how evil the exploitation is of those buying the products. As ye sow… You know what a product is worth? A product is worth whatever a person is willing to pay for it… If you are willing to pay so much for a product that employees are getting 6-figure bonuses, thats not the "evil" corporations' fault for "exploiting" you; that's your fault for paying it! As the consumer, you did nothing to reap the benefits of good profits, the employees did. They earned that bonus, not you. Claiming this is "evil" corporations' "exploiting" you, is just your own conscience trying to justify your own greed and entitlement to something you did not earn or deserve; if you think its over priced and the bonus is too high, dont buy their product. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/sk-hynix-employees-could-receive-447000-bonuses-this-year#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.