ASML to offer employees €20,000 retention bonus for staying in 2027-2030


FILE PHOTO: An assembly engineer works on a TWINSCAN DUV lithography system at ASML in Veldhoven, Netherlands June 16, 2023. REUTERS/Piroschka van de Wouw/File Photo

AMSTERDAM, July 20 (Reuters) - ⁠ASML, the largest maker of equipment ⁠used to manufacture computer chips, intends ‌to offer employees a bonus worth €20,000 ($22,838.00) if they remain with the company between 2027 and 2030.

The ​company confirmed the plan, first ⁠reported in Eindhovens ⁠Dagblad, on Monday in an emailed statement.

ASML said ⁠terms ‌of the conditional stock grant from January 1, 2027 are ⁠still being finalized, but it would be ​offered ‌to "all eligible employees."

The move is the latest ⁠among ​big semiconductor industry firms including Samsung Electronics, TSMC and SK Hynix, to offer workers ⁠extra compensation at a time ​when earnings are strong but skilled labor is short.

ASML, which is Europe's most valuable company ⁠by stock market capitalization, this month reported net income of €2.92 billion and said its flagship line of circuitry-printing lithography tools ​is nearly sold out ⁠through 2027.

ASML employs 44,500 workers globally, with ​more than half in ‌the Netherlands and around ​8,500 in the U.S.

($1 = 0.8757 euros)

(Reporting by Toby SterlingEditing by Tomasz Janowski)

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