compensation packages

compensation packages

Layoffs At Plum District Point To Changes In Hyperlocal Deals Market

techcrunch.com
Plum District is a hyperlocal daily deals site that, by its own definition, was created “by Moms, for Moms.” Yet after extensive interviews with sources who worked and were terminated by the company, it’s clear that Plum District’s initial promise didn’t pan out. The company’s claim to fame at launch...
Layoffs At Plum District Point To Changes In Hyperlocal Deals Market

Working At Amazon: No Free Food, And A Low Salary (AMZN)

www.businessinsider.com
Amazon shuns the perks that are now standard at most big tech companies and startups. There is no free food at the company, and salaries are relatively low. CEO Jeff Bezos tells Fortune, "We pay very low cash compensation relative to most companies ... We also have no incentive compensation...
Working At Amazon: No Free Food, And A Low Salary (AMZN)
Startups: How a Tech Non-Profit Became the Hottest Ticket in Silicon Valley

Apple to Contribute Toward Costs of Improving Working Conditions at Foxconn Facilities

www.macrumors.com
Reuters reports on comments from Foxconn chief Terry Gou, who claims that Apple and Foxconn will be splitting the initial costs to improve working conditions at Foxconn's facilities in China."We've discovered that this (improving factory conditions) is not a cost. It is a competitive strength," Gou told reporters on Thursday...
Apple to Contribute Toward Costs of Improving Working Conditions at Foxconn Facilities

Zynga hopes to retain top executives with bigger bonuses tied to performance, Mark Pincus' new annual salary is $1

www.insidesocialgames.com
Zynga today filed a form 8-K with the Securities and Exchange Commission which reveals that in 2013 the company’s top executives will be compensated with larger bonuses, but that these will be more closely tied to their performance. Zynga has been hemorrhaging its top executives since late 2012. Most...
Zynga hopes to retain top executives with bigger bonuses tied to performance, Mark Pincus' new annual salary is $1

Zynga Rejiggers Comp in a Bid to Retain Top Execs and Tie to Performance

allthingsd.com
Zynga just filed a new 8-K regulatory document outlining revised compensation arrangements with its top tier of execs that ups the salary and bonuses, as well as restricted stock units, but ties them more closely to performance and the turnaround of the struggling social gaming company. That is, except...
Zynga Rejiggers Comp in a Bid to Retain Top Execs and Tie to Performance
Apple Is Only Spending A Few Million Dollars To Buy A Handfull Of Color Employees (AAPL)

Apple to open new R&D center in Ra'anana, Israel in 2H13, staffed by over 100 former TI employees

thenextweb.com
Following a successful hiring spree of former Texas Instruments employees in Israel, Apple is opening a new research and development center in the city of Ra’anana, reports Israeli business publication “Globes.” This news aligns perfectly with our own predictions back in December: we wrote that Apple would construct a new R&D center in the city...
Apple to open new R&D center in Ra'anana, Israel in 2H13, staffed by over 100 former TI employees
Big data skills bring big dough

Codewars, where development ninjas square off for honor (and possibly jobs?)

pandodaily.com
Sharpen your developer swords because there’s about to be a Codewar. The newest concept out of Los Angeles is a gamified “Hacker Society” where coders compete, sharpen their skills, and earn respect. What’s more interesting is the opportunity for the site to produce a quantifiable metric for development ability...
Codewars, where development ninjas square off for honor (and possibly jobs?)
Apple Executives Dominate Highest-Paid List Among S&P 500 Companies

Stay Packages

www.avc.com
There's an article on Gizmodo today about Palm's effort to retain key execs during its sale process. The headline says:Palm Bribes Key Employees to Stick Around as SVP of Software Jumps Ship I think that's an unfortunate choice of words. These are not "bribes", these are stay packages. And they...
Stay Packages

Foxconn and Apple to split costs to improve factory conditions

arstechnica.com
Foxconn plans to improve labor conditions in its Chinese factories where iPhones and iPads are made, according to CEO Terry Gou, and Apple will reportedly share in the costs of making those improvements. "We've discovered that this [improving factory conditions] is not a cost. It is a competitive strength," Gou told...
Foxconn and Apple to split costs to improve factory conditions

Foxconn Workers Express Concern Over Reduced Overtime

www.macrumors.com
In the wake of yesterday's announcement from the Fair Labor Association that it had reached an agreement with Foxconn to reduce the maximum number of working hours for its employees at its Apple production facilities, Reuters reports that Foxconn workers are concerned about the move's impact on their salaries. The...
Foxconn Workers Express Concern Over Reduced Overtime

Apple now competing with Intel for former TI employees in Israel, may build new R&D center there

thenextweb.com
Apple’s attempts to hire former Texas Instruments employees in Israel are being met with a healthy dose of competition. TNW has learned that processor giant Intel has begun an aggressive campaign to lure engineers away from Apple in that country. According to sources close to both companies, upon hearing of...
Apple now competing with Intel for former TI employees in Israel, may build new R&D center there
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