Intel Staffers Get Huge Bonuses after Record Year

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Not too long after Intel posted a record quarter for Q4 2010, as well as a record year, word got out of some very generous employee bonuses.

It’s always nice to see the company you work so hard for do well. Also nice? Getting a big fat bonus when it posts record breaking financial results. VentureBeat reports that Intel employees are receiving four times their usual bonuses thanks to the company’s record-breaking year. As if that weren’t enough, Intel is said to be giving workers the equivalent of three extra days of pay on top of that.

Excited employees have taken to Twitter to celebrate their increased bonuses and thank their employer. Something tells me there are some epic, two-day hangovers on the cards for the folks at the Intel offices!

Jane McEntegart
76 Comments Comment from the forums
  • dogman_1234
    Why don't they lower CPU prices to aid the consumer?

    Really, IMHO, if I were an engineer, I would be happy with my 60,000 dollars a year salary.
    Reply
  • lejay
    dogman_1234Why don't they lower CPU prices to aid the consumer?Really, IMHO, if I were an engineer, I would be happy with my 60,000 dollars a year salary.Yes, the poor children that only can get low end dual cores really need our support.
    Reply
  • Judguh
    dogman_1234Why don't they lower CPU prices to aid the consumer?Really, IMHO, if I were an engineer, I would be happy with my 60,000 dollars a year salary.
    Do you really think they only make that much a year?
    Reply
  • Stardude82
    ~$200 bucks for a high end CPU is very reasonable. Just look at these historic prices for 2004 when AMD was in the lead.
    Reply
  • utengineer
    dogman_1234Why don't they lower CPU prices to aid the consumer?Really, IMHO, if I were an engineer, I would be happy with my 60,000 dollars a year salary.
    Intel lowers their prices every 6 months or so. If you took their bonus money and divided it by number of processors they sold, you may have a penny discount coming to you.

    A decent engineer right out of college makes 60K. Engineers that lead the R&D for Intel's flagship money-makers pull in 250K plus. So if YOU were an engineer you would want more money, because your school loans are about 100K these days.
    Reply
  • nebun
    dogman_1234Why don't they lower CPU prices to aid the consumer?Really, IMHO, if I were an engineer, I would be happy with my 60,000 dollars a year salary.no you wouldn't
    Reply
  • killerclick
    Intel is awesome, unlike Wall Street businesses these guys actually contribute to society with their excellent products. I just wish they had competition worthy of them. Instead they have AMD...
    Reply
  • blibba
    Paying more gets you the best engineers, and allows you to produce better CPUs that are cheaper to produce. Paying them 5% less, on the other hand, is a drop in the ocean and achieves nothing.
    Reply
  • joytech22
    Lucky them, especially the guy who said his bonus is 17 days of pay!
    I'd go all out with that pay and stick it in a BANK!
    HA! you didn't expect me to say that!
    Reply
  • Nintendork
    killerclick
    You pay more for the same performance, if that's contributing to society...
    Reply