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Looks like Tim Cook makes about $15 million a year, which seems really low for the value he brings. This is likely more a question of Apple not requiring its co
by merpnderp 5y ago
Looks like Tim Cook makes about $15 million a year, which seems really low for the value he brings. This is likely more a question of Apple not requiring its contractors to bid in wormless food for their employees, when they bid a contract.
Seems like Apple could just say on their contract deals "If you offer onsite dorms and food for your employees, it must not contain worms, feces, poison, or Brussel sprouts. Also you can't use slaves or children. Bid accordingly."
- blacksmith_tb 5y agoThat would be true if we only looked at his salary, but it appears he makes an order of magnitude more[1]. 1: https://www.bbc.com/news/business-58352098 https://www.bbc.com/news/business-58352098 (edited for a more reputable source)
- kube-system 5y agoI've always thought that it was dishonest to include non-monetary compensation in statements like "they make [x] amount of dollars, they can afford to [y]". Usually, to buy [y], you need cash.
- lern_too_spel 5y agoCash is easy to get by borrowing against assets.
- kube-system 5y agoThis is true for some people, some assets, and some amounts of money. Regardless, for the super-rich, they have enough cash that people can make more honest apples-to-apples comparisons with the same effect.
- lern_too_spel 5y agoParticularly for stock assets, where margin interest is less than 1% for large accounts.
- JaimeThompson 5y agoApple spends billions on stock buy backs per year they can redirect a bit of that so those who make their products for them don't have to be treated worse than animals.