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Apple, Netflix, Amazon might introduce 'performance-based' pay system for talents

Shortpedia

Content Team
Image Credit: newsbytes

Apple Inc.'s Hollywood studio is planning a significant change in its payment model for talent. The tech giant, which has been compensating talent as if all their projects were successful, intends to shift toward a performance-based pay system. According to an internal memo sent to talent representatives, seen by Bloomberg, Apple proposes a new compensation regime where bonuses would be determined by a points system.