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> It's no more appalling than fast food workers being paid peanuts in fast food chains that make a billion. What are the numbers per employee? Net income per

> It's no more appalling than fast food workers being paid peanuts in fast food chains that make a billion. What are the numbers per employee? Net income per employee: Apple: $456,800 McDonald's: $12,530 http://www.wolframalpha.com/input/?i=profit+per+employee+apple%2C+mcdonald%27s http://www.wolframalpha.com/input/?i=profit+per+employee+app... Revenue per employee: Apple: $2,111,000 McDonald's: $64,320 http://www.wolframalpha.com/input/?i=revenue+per+employee+apple%2C+mcdonald%27s http://www.wolframalpha.com/input/?i=revenue+per+employee+ap... Apple has about 3x what it pays out in salaries left over after paying everyone, McDonald's only has about 1x salary per employee profit. McDonald's would go broke if it doubled everyone's salaries, Apple could afford to do that and still be hugely profitable.

alkonaut 12y ago
Point taken, I'm sure there are better examples than fast food of companies paying peanuts but earning millions per employee, probably due to huge investments/risks involved. Natural resources and banks come to mind. Still, there is nothing that should make Apple pay more because they can, they only need to be competitive in salaries, not excessive. If they wanted to compensate employees more, that would probably not show up in these figures as it would likely not be base salary but rather bonuses/stock etc.
- nerfhammer 12y ago
  > Still, there is nothing that should make Apple pay more because they can No, but to hear people complain about how it's impossible to hire anyone... while inflation- and cost-of-living-adjusted salaries actually have not increased at all... what's going on here?
  - alkonaut 12y ago
    "Hard to find developers" just means "Hard to find people who will do X when we pay Y". As for cost of living, if NYC/SF tech companies offer competitive salaries for those areas (like $150k) that must be a fortune for people working remotely from almost anywhere else. So assuming that remote work is quite normal, and the companies accept paying SF salaries to remote workers from everywhere, I can't see how they can fail to find talent.
    - nerfhammer 12y ago
      Personally I think there's a cultural aversion to competing on compensation.

alkonaut 12y ago

Point taken, I'm sure there are better examples than fast food of companies paying peanuts but earning millions per employee, probably due to huge investments/risks involved. Natural resources and banks come to mind. Still, there is nothing that should make Apple pay more because they can, they only need to be competitive in salaries, not excessive. If they wanted to compensate employees more, that would probably not show up in these figures as it would likely not be base salary but rather bonuses/stock etc.

nerfhammer 12y ago
> Still, there is nothing that should make Apple pay more because they can No, but to hear people complain about how it's impossible to hire anyone... while inflation- and cost-of-living-adjusted salaries actually have not increased at all... what's going on here?
- alkonaut 12y ago
  "Hard to find developers" just means "Hard to find people who will do X when we pay Y". As for cost of living, if NYC/SF tech companies offer competitive salaries for those areas (like $150k) that must be a fortune for people working remotely from almost anywhere else. So assuming that remote work is quite normal, and the companies accept paying SF salaries to remote workers from everywhere, I can't see how they can fail to find talent.
  - nerfhammer 12y ago
    Personally I think there's a cultural aversion to competing on compensation.