Intel will provide its employees including Israel benefits worth more than $ 2 billion

Chip giant Intel has announced that it has decided to provide its employees around the world, and also in Israel, with benefits worth more than $ 2 billion, half of which will be reflected in benefits in the salaries of the company's employees and more than $ 1.4 billion will be in options granted to employees.
Most of the benefits are intended for existing company employees and a small portion of it is intended for new employees. The company currently employs about 110,000 employees worldwide, of which about 14,000 in Israel. If the payment is divided equally, which is unlikely to happen, each employee will be entitled to about $ 20,000 in cash or equivalent - that is, options.
According to Intel's announcement, the purpose of the grants is to enable Intel to beat the fierce battle for talent in today's competitive market. The new grant is part of Intel's global understanding that it must be much more appealing to employees around the world, especially when it has very significant expansion plans and the establishment of a number of plants in the United States, Malaysia, Ireland and Germany. , A grant of several months' work.
"We have recently announced updates to our remuneration practices, which have focused on how we cherish rewards our employees to rekindle our culture and drive our business strategy," Intel said. "These updates are designed to enable Intel to win the battle for talent in the competitive market of were, while strengthening our performance. These plans include updates to our salary structure, increasing our global excellence budget, differentiated bonuses for top performance, increasing stock targets and more frequent maturation of stock units. Disabilities ".
According to Intel's announcement, the purpose of the grants is to enable Intel to beat the fierce battle for talent in today's competitive market. The new grant is part of Intel's global understanding that it must be much more appealing to employees around the world, especially when it has very significant expansion plans and the establishment of a number of plants in the United States, Malaysia, Ireland and Germany. , A grant of several months' work.
"We have recently announced updates to our remuneration practices, which have focused on how we cherish rewards our employees to rekindle our culture and drive our business strategy," Intel said. "These updates are designed to enable Intel to win the battle for talent in the competitive market of were, while strengthening our performance. These plans include updates to our salary structure, increasing our global excellence budget, differentiated bonuses for top performance, increasing stock targets and more frequent maturation of stock units. Disabilities ".