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.
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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
英偉達公司(納斯達克股票代碼:NVDA)成功地通過其薪酬待遇控制了員工流失率。
這位芯片設計師以其苛刻的工作環境而聞名,員工每週工作多達七天,工作時間延長至凌晨 2 點。
彭博社報道,首席執行官黃延森曾表示,他更喜歡 「折磨他們成爲偉人」,這與熱衷於招聘和解僱的競爭對手形成鮮明對比。
同時,英特爾公司(納斯達克股票代碼:INTC)希望裁員數千人或超過15%的員工,以實現業務轉型。該公司在2023年裁員了5%。
另請閱讀:英偉達科技推動中國在海外的人工智能增長,阿里巴巴加大了70億美元的投資
《紐約郵報》報道,Nvidia的股票補助通常在四年內發放,對於其員工的成功至關重要。該股自2019年以來上漲了3,776%,這要歸因於大型科技公司對人工智能的雄心壯志,這使其員工成爲百萬富翁。
英偉達2023年的員工流失率爲5.3%,在市值超過1萬億美元后降至2.7%,而行業平均水平爲17.7%。
Nvidia 的人工智能護城河使員工能夠沉迷於豪華汽車、高端房地產以及超級碗和 NBA 總決賽等體育賽事。
據彭博社報道,11年前上任的英偉達首席財務官科萊特·克雷斯擁有價值7.587億美元的股票,而2023年加入的先進微設備公司(納斯達克股票代碼:AMD)首席財務官讓·胡擁有價值643萬美元的股票。
英偉達股價在過去12個月中飆升了170%。投資者可以通過Vanguard Information Tech ETF(紐約證券交易所代碼:VGT)和iShares標準普爾500指數成長型ETF(紐約證券交易所代碼:IVW)獲得股票敞口。
價格走勢:週二最後一次盤前檢查時,NVDA股價上漲0.58%,至127.19美元。
照片來自 Shutterstock