Nvidia Corp (NASDAQ:NVDA) has succeeded in containing its employee churn rate through its compensation packages.
The chip designer is known for its demanding work environment, where employees slog up to seven days a week, with work hours stretching until 2 a.m.
CEO Jensen Huang has said he prefers to "torture them into greatness," marking a stark contrast with his rivals keen on hiring and firing, Bloomberg reports.
At the same time, Intel Corp (NASDAQ:INTC) looks to downsize in thousands or over 15% of its workforce to accomplish a business turnaround. The company had slashed 5% of its workforce in 2023.
Also Read: Nvidia Tech Fuels Chinese AI Growth Overseas, Alibaba Ramps Up $7B Investment
Nvidia's stock grants, which typically vest over four years, have been pivotal to its success with its employees, the New York Post reports. The stock's 3,776% surge since 2019, courtesy of Big Tech's splurge on their artificial intelligence ambitions, has made its employees millionaires.
Nvidia's 2023 employee churn rate of 5.3% dipped to 2.7% after its market capitalization surpassed $1 trillion, compared to the industry average of 17.7%.
Nvidia's artificial intelligence moat has enabled employees to indulge in luxury cars, high-end real estate, and sporting events like the Super Bowl and the NBA Finals.
According to Bloomberg, Nvidia CFO Colette Kress, who assumed office 11 years ago, owns stock valued at $758.7 million, versus Advanced Micro Devices Inc (NASDAQ:AMD) CFO Jean Hu, who joined in 2023, who owns stock valued at $6.43 million.
Nvidia stock surged 170% in the last 12 months. Investors can gain exposure to the stock through Vanguard Information Tech ETF (NYSE:VGT) and iShares S&P 500 Growth ETF (NYSE:IVW).
Price Actions: NVDA stock traded higher by 0.58% at $127.19 premarket at last check Tuesday.
Photo via Shutterstock
Nvidia公司（纳斯达克代码：NVDA）通过其薪酬方案成功控制了员工离职率。
这家芯片设计公司以其苛刻的工作环境而闻名，员工每周工作七天，工作时间一直延长到凌晨2点。
首席执行官黄仁勋表示，他更喜欢“折磨他们以获得伟大”，这与他的竞争对手倾向于雇佣和解雇形成了鲜明对比，彭博社报道。
与此同时，英特尔公司（纳斯达克：INTC）计划裁员数千人或超过其员工总数的15%，以实现业务转型。该公司在2023年裁减了其员工总数的5%。
还阅读：英伟达技术推动中国人工智能的境外增长，阿里巴巴加大了70亿美元的投资。
纽约邮报报道称，英伟达的股票授予计划通常在四年内解禁，对其员工的成功至关重要。该股票自2019年以来暴涨3776%，得益于大型科技公司对人工智能的疯狂投资，使其员工成为百万富翁。
英伟达2023年的员工离职率为5.3%，突破1万亿美元的市值后下降至2.7%，而行业平均离职率为17.7%。
英伟达的人工智能优势让员工可以尽情享受豪车、高端房地产以及超级碗和NBA总决赛等体育赛事。
根据彭博新闻，英伟达首席财务官科莱特·克雷斯在11年前上任，拥有价值7.587亿元的股票，而美国超微公司首席财务官让·胡，在2023年加入公司，拥有价值64.3万美元的股票。
英伟达股票在过去12个月内大涨170%。投资者可以通过先锋信息技术etf（纽交所：VGT）和iShares标普500成长etf（纽交所：IVW）获得该股票的曝光度。
价格走势：截至上周二最后一次查询，NVDA股票盘前涨0.58%，报127.19美元。
图片来自shutterstock。
