4 ms·
Well, the average McDonald's makes something like 40k profit per employee year, and Apple makes something like a million bucks per employee year... So the salar
by brianwawok 10y ago
Well, the average McDonald's makes something like 40k profit per employee year, and Apple makes something like a million bucks per employee year... So the salary of the two tends to reflect that.
(Numbers made up but I bet they Aren't that far off)
That is what productivity means here. Not how hard or socially useful the product is. If we all have service jobs, we all would make the same pay. Productivity is why software developer can make good pay.
- user5994461 10y ago$1.8M per employee for Apple http://uk.businessinsider.com/top-tech-companies-revenue-per-employee-2015-10 http://uk.businessinsider.com/top-tech-companies-revenue-per...
- lultimouomo 10y agoThat's revenue. While Apple is hugely profitable, I'm pretty sure it has great manufacturing costs and per-employee profits are a fraction of that (the first google result says $0.4M).
- Spooky23 10y agoThat's a pretty useless comparison between sectors, as you're excluding the manufacturing workforce for Apple, but only partially excluding McDonalds (most workers are franchisee employees).
- brianwawok 10y agoOr look at a waitress in a restaurant. The math will be similar. A service job can't pay you a 6 fig salary outside of a few niche roles. That is why the "it's ok, we can all get service jobs" is a lie. That's a pretty crappy life.
- woah 10y agoWay off topic from the original article but "we can all get service jobs" implies a reality where the cost of any manufactured good and food is approaching 0. In that reality, you would only ever need to spend the money from your service job in other services.