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Apple has held the mantle for the highest profit per employee for several years - coming in 2013 @ $500k/per. Considering that takes into account ALL employee
by aresant 13y ago
Apple has held the mantle for the highest profit per employee for several years - coming in 2013 @ $500k/per.
Considering that takes into account ALL employee wages if you were to hone that number to "per engineer" it would be several multiples higher.
If truly removing collusion left a free market would the top quadrant jobs see a 2x improvement?
And how would startups fare if the $$$ in engineering roles doubled @ the big valley firms?
Short term less as people flocked towards the cash?
Long term more as people built more dry powder to try it on their own?
(1) http://nypost.com/2014/02/28/apple-has-biggest-slice-of-profits-per-employee/ http://nypost.com/2014/02/28/apple-has-biggest-slice-of-prof...
- hueving 13y ago> Apple has held the mantle for the highest profit per employee for several years - coming in 2013 @ $500k/per. That number doesn't mean anything though. Employees' salaries aren't based on profit unless they are paid entirely in company equity. You can't have it both ways where you get income when the company isn't making money and you get the extra profit when it is.
- eli_gottlieb 13y agoHis point is that Apple easily has the revenues to pay even higher salaries than they already do, but choose not to simply to keep labor costs down.