Apple CEO Tim Cook’s total pay drops to $63 million for 2023.::Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. Notably,…
If you figure each engineer costs apple $250,000 a year, that’s the equivalent of 250 engineers. Could you imagine what apple could accomplish with 5 extra engineering departments? In what world is this one guy worth that much?
Our world!
You know, the Clown World timeline!
If we use our own criteria to evaluate Apple’s success (and wage distribution), then it makes no sense from its very beginning. Just like with any company. EDIT: not started by us
I’m pretty sure that you could use one of those departments to fully automate management. Just go full data-driven and tie salaries to revenue. The engineers can take it from there, they’re plenty smart
An engineer costs a lot more than that if they have health and life insurance and any other benefits through the company. Disclaimer - I don’t know if Apple employees have benefits.
Like, 10% more. Don’t think that really changes the comparison.
250k is probably below the average pay for an Apple engineer, not to mention other costs and benefits. ICT3 numbers (just above entry level SDE) are 230k and ICT4 are 340k. 500k isn’t that difficult at the more competitive software companies located in tier 1 and 2 markets. But yes, CEOs and E levels make far too much for their impact.
As an (mechanical) engineer, this is bullshit
In what world is this one guy worth that much?
Are you serious? He’s worth way more than 63m, he’s the best CEO of any company in recent memory. The growth of Apple under Tim Cook will be studied for a long time.
I got a picture of his ass in my wallet, if you just wanna kiss that.
Why do you have a picture of his ass in your wallet though?
never you mind sir!
I assume to be able to make jokes like this without being a filthy, dirty liar!
Not interested.
Obviously the best CEO of all time was VOC’s CEO. Other CEOs are pale in comparison and should learn from his revolutionary leadership such as raising private army, monopolizing spice trades, divide-and-conquering local kingdoms, and burning local crops to control commodities price /s
He’s in for a shout for sure.
he won’t see this
What makes him the best?
https://ycharts.com/companies/AAPL/market_cap
He took over 8 years before the start of this graph.
So because the company is doing well it’s because of this one person’s leadership? That makes him great?
Ok.
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That poor, poor man. My heart goes out to him.
He’s about to quit Netflix and avocado toasts SMH
Poor bastard. It’s going to be a challenge living on an eight digit salary, making more in half a day than I do in a year…
Poor guy. Better start a gofundme right now.
You could buy an Apple branded polishing cloth. Pretty much the same as a donation.
I would but I’m afraid my android phone is not on the list of compatible devices 😞
Better cut down on the avos then
Is Tim Apple going to be okay?
On no, poor man, how he can survive on this small Salaray which is more money than all of us in the comments will collectively see in our life in this miserably dystopia.
My cold dead heart goes out to the reptile.
I bet he still tastes great with some BBQ sauce on. Eat that fat cunt.
Would it even be cannibalism? I’m pretty sure all the billionaires are some form of reptiles.
Oh no, how will he live? He better pull himself up by the bootstraps and stop eating avocado toast.
Eat the rich!
Pffft, look at this loser over here, only making $63 million. Maybe he’ll have to start cutting back on the avocado toast to make ends meet now.
That’s why we don’t see him wearing a vision pro. The poor guy can’t afford it.
Someone make him a gofundme
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This guys message history though
What about it
He doesn’t like the fucking capitalists. Fair
