Apple CEO Tim Cook's total pay drops to $63 million for 2023 - 9to5Mac
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Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. Notably,...

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,…

  • YurkshireLad@lemmy.caEnglish
    926·
    10 months ago

    An engineer costs a lot more than that if they have health and life insurance and any other benefits through the company. Disclaimer - I don’t know if Apple employees have benefits.

    • fluxion@lemmy.worldEnglish
      372·
      10 months ago

      Like, 10% more. Don’t think that really changes the comparison.

      • abaddon@lemmy.worldEnglish
        52·
        10 months ago

        250k is probably below the average pay for an Apple engineer, not to mention other costs and benefits. ICT3 numbers (just above entry level SDE) are 230k and ICT4 are 340k. 500k isn’t that difficult at the more competitive software companies located in tier 1 and 2 markets. But yes, CEOs and E levels make far too much for their impact.