Startup is taking a big initiative for the artificial intelligence startup Openai’s highest demanding employees, do not leave it, for this. About 1000 employees are being offered a special one time award i.e. a one -time bonus. This number of employees is about one third of full time workforce in Openai. A report by The Verge states that in an internal message sent to Slack, CEO Sam Altman of Openai has said that Special One Time Award, Applied Engineering, Scaling and Safety sector researchers and software engineers target.
Altman also said that Openai intends to continue to increase the salary of employees. According to the report, the one time special bonus that Openai is giving is good and is different according to the role and seniority of the employees. The thick salary package in the tech industry is not new. But the strong bonus in Openai emphasizes how much the value of its technical teams has increased. Especially when companies like Meta are competing to attract employees.
How will bonus be distributed
These bonuses will be distributed on a quarterly basis in two years and can be taken in stock, cash or both forms. Altman also told the employees that the salary will continue to increase according to the company’s performance. He thanked him for the work of teams towards achieving Artificial General Intelligence (AGI). This step has been taken at a time when the competition for AI expertise in the US Silicon Valley has intensified at the Chat GPT maker Openai. Silicon is a hub of Valley, Tech and Innovation Companies.
Currently legendary tech companies and well -funded startups are aggressively trying to attract talent. By maintaining its good employees with them, Openai wants to maintain its lead in the fast AI race.
Preparation of secondary share sale also
Openai is also preparing for a new secondary share sale. More employees will be able to sell their shares. The sales in the earlier secondary share sale were at $ 274 per share. This time the price can be higher. With this, Openai’s valuation can cross the earlier $ 300 billion mark.