In dreams, everyone laughs: 30% of NVIDIA employees become millionaires based on early stock allocations

As the saying goes, when one person achieves enlightenment, even the chicken and dog can ascend to heaven. Nvidia's founder, Jensen Huang, not only made the stock a new stock king, but also his leadership ability was recognized. This year, Jensen Huang ranked fourth in Glassdoor's Best Enterprise Leadership and second in Best Work Environment. Nvidia employees gave the company a high rating of 4.6 stars out of 5 in enterprise culture, friendly colleagues, work-life balance, and company benefits, with mostly positive reviews.

In terms of salary, Nvidia's software engineers earn between $210,000 and $410,000 a year, which is similar to the starting salaries of engineers at Microsoft and Google. Even the lowest-level janitors earn between $37,000 and $60,000 a year. Interns earn hourly wages ranging from $17 to $71.

Employee benefits include 401 retirement plans, health insurance, life insurance, maternity leave benefits, employee counseling and career planning, and employee stock ownership. Employees can purchase NVIDIA stocks at a 15% discount while working at NVIDIA.

How cool is it to work at Nvidia? According to Japanese media reports, 30% of early Nvidia employees have become millionaires, and now 76% of employees hold stocks worth at least a million US dollars in Market Cap on average. Someone on Reddit estimated that if a salesperson was rewarded with $100,000 in Restricted Stock Units (RSUs) five years ago when they joined Nvidia, with about 2700 shares (pre-split), based on Nvidia's current price of $130 x 2700 shares, the current Market Cap has reached $3.5 million. Restricted stock units are usually rewards given by companies to retain employees, and after a certain restriction deadline, employees can vest and sell the previously restricted stocks in their hands.

As the end of the year approaches, investors' emotions have reached their peak, and many even want to switch jobs when they see Nvidia's employee benefits. Even if they can't become Nvidia engineers, they can apply for entry-level janitorial jobs and become full-time employees with the same comprehensive benefits. Forbes reported that Nvidia has a very low employee turnover rate and is considered a fortunate company. Now, after the stock split, Nvidia's stock is hot again. Thinking about the generous employee stock options, they probably won't want to leave. Japanese media reported that Nvidia likes remote work very much. Unlike other tech companies that require employees to be in the office, Nvidia's projects are managed by project managers. According to internal staff, the company culture is like having no supervisors at all. They often work online, and the open corporate culture has made Jensen Huang an alternative corporate leader, and Nvidia has become the ideal working environment for many Americans.

This article will laugh in dreams: 30% of Nvidia employees become millionaires with the early distribution of stocks, first appeared in Chain News ABMedia.