TikTok parent ByteDance offers top performers more stock options

Quick Summary:

ByteDance has adjusted its staff incentive policy for the second time this year, as Trump’s re-election boosts its valuation.

On Tuesday, the company told employees it would increase “the upper limit” of bonuses given to high performers, without providing details.

TikTok is owned by Beijing-based ByteDance.

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Article Details

Author / Journalist: Coco Feng

Category: Business

Markets: Hong KongChina

Topics: Bonuses Bytedance Performance Year Employees Beijing-based Staff Stock Attain Tiktok Options

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 18:30:07 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 238 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23718322

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Main Topics: Business

Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

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Publisher ID: #42

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