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Illustration: Axios Visuals

One might think that rank-and-file Apple employees would be thrilled with a just-announced $2,500 stock grant. And while that is probably true for the company's retail workers, who typically don't get such grants, not everyone in the engineering ranks was so pleased.

The inside scoop: There have been grumblings over both the amount of the bonuses and the appearance of playing into President Trump's hands on both that issue and the separate announcement around U.S. investment.

On the money: It sounds nice, but $2,500 (before taxes) doesn't go very far in Silicon Valley. Plus the restricted stock grant vests over three years, meaning the first third won't vest until next April and employees will have to stay at Apple until 2021 to get the full $2,500 in stock.

Free lunches (à la Google) might actually have been more welcome. Some employees were actually more jazzed about the increased match on charitable contributions than the stock grants. (Apple is now donating $2 for each $1 in employee charitable contributions, up to $10,000.)

Tax unease: Lastly, the Republican tax plan lowers tax rates in general, but many in Silicon Valley are concerned the $10,000 cap on state and local tax deductions will mean their bill actually goes up.

Go deeper

Exclusive: GOP Leader McCarthy asks to meet with Biden about the border

House Minority Leader Kevin McCarthy at CPAC. Photo: Joe Raedle/Getty Images

House Minority Leader Kevin McCarthy (R-Calif.) has requested a meeting with President Biden to discuss the rising numbers of unaccompanied migrant children at the U.S.-Mexico border, in a letter sent on Friday.

Why it matters: Biden is facing criticism from the right and the left as agency actions and media reports reveal spiking numbers of migrant children overwhelming parts of the U.S. immigration system. Recent data shows an average of 321 kids being referred to migrant shelters each day, as Axios reported.

Vaccine hesitancy drops, but with partisan divide

Illustration: Sarah Grillo/Axios

69% of the public intends to get a COVID vaccine or already has, up significantly from 60% in November, according to a report out Friday from the Pew Research Center.

Yes, but: The issue has become even more partisan, with 56% of Republicans who say they want or have already received a coronavirus vaccine compared to 83% of Democrats.

Ben Geman, author of Generate
2 hours ago - Energy & Environment

China's 5-year plan is hazy on climate

Illustration: Sarah Grillo/Axios

China's highly anticipated 5-year plan revealed on Friday provides little new information about its climate initiatives, leaving plenty to discuss in multinational meetings this year and lots of blanks for China to fill in later.

Driving the news: The top-line targets for 2025, per state media, aim to lower energy intensity by 13.5% and carbon emissions intensity by 18% — that is, measures of energy use and emissions relative to economic output.