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Tech Giants Flip to a Traditional Recruitment Device: Money

Tech Giants Flip to a Traditional Recruitment Device: Money

After years of engaging staff with massive inventory awards and surging share costs, some know-how corporations are deploying a time-tested instrument: money.

Alphabet Inc., which owns Google, adopted a brand new money bonus plan in October that lets the corporate give staff bonuses of almost any dimension for almost any cause. Amazon . com Inc. stated this month it doubled its cash-pay cap for workers. Some cryptocurrency and nonfungible-token startups are providing pay packages with bigger money parts than long-established tech corporations within the hunt for employees, in line with some tech recruiters.

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