President Tinubu Renews Appointment of Fatima Umaru Shinkafi as Executive Secretary of SMDF/PAGM

NVIDIA's stock has soared by approximately 3,776% since 2019, leading to a dramatic increase in the net worth of many long-term employees. This remarkable growth in the company's value has particularly benefited those who have been with NVIDIA for five years or more. For instance, a mid-level employee who fully utilized the employee stock purchase plan over 18 years has accumulated shares now valued at an astounding $62 million. The financial success of NVIDIA's workforce is further evidenced by the company's impressively low turnover rates. In fiscal year 2024, NVIDIA reported an attrition rate of just 2.7%, far below the semiconductor industry average of 17.7%. This retention can largely be attributed to the lucrative stock compensation packages that employees receive, which have significantly appreciated alongside the company's stock price. Despite this newfound wealth, many NVIDIA employees maintain a grueling work schedule, often working up to seven days a week and frequently until 2 a.m. This dedication stems from the company's demanding work culture and the anticipation of future stock grants

Dec 7, 2024 - 22:53
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President Tinubu Renews Appointment of Fatima Umaru Shinkafi as Executive Secretary of SMDF/PAGM

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