this post was submitted on 12 Jan 2024
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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,...

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[–] Poayjay@lemmy.world 100 points 10 months ago (5 children)

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?

[–] vexikron@lemmy.zip 36 points 10 months ago* (last edited 10 months ago)

Our world!

You know, the Clown World timeline!

[–] rottingleaf@lemmy.zip 8 points 10 months ago* (last edited 10 months ago)

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

[–] lung@lemmy.world 2 points 10 months ago

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