Apple reduces raises given to retail employees after weak iPhone quarter::The smartphone market and general economy have slowed down post-pandemic, and Apple is reacting with a lower raise for employees in 2023 versus 2022.

  • Tosti@feddit.nl
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    1 year ago

    So retail employees pay for the visionless design, weak execution, poor advertising, etc. etc.

    It seems like the pain should start at the top.

    • jonne@infosec.pub
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      1 year ago

      Yeah, they’re punishing the people that have the least influence on this outcome. And as you said, the people that are responsible for only doing incremental improvements on the product are already paid more as a baseline and probably got a bigger raise too.

      • Ignisnex@lemmy.world
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        1 year ago

        Two years ago, they were “essential”, and the idea of them getting any kind of benefit to prevent harm was unthinkable. Shafted at both ends of the spectrum.

          • Ignisnex@lemmy.world
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            1 year ago

            My dude, essential is an antonym for expendable. Literally opposites. By definitions of both words, something cannot by both expendable and essential. But logic aside, calling a person essential to the point of denying their own safety to perform their job, but saying they can be replaced at any minute is frankly cruel.

            • ShittyRedditWasBetter@lemmy.world
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              1 year ago

              You can call it cruel, it doesn’t change the reality that there are plenty of jobs that are important but easily replaceable.

              Yes, it’s important to have groceries available. No it’s not hard to find anyone to stand at a register or stock all day. Put another way, your role is essential. You are not.

    • phoneymouse@lemmy.world
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      1 year ago

      I think Apple gave extra high raises last year due to elevated inflation. It’s lower this year because they’ve reverted to “normal” sized percentage increases.

        • phoneymouse@lemmy.world
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          1 year ago

          Last year the raises were abnormally high because Apple was trying to adjust for high inflation. This year, they’re just back to normal increases. The article makes it sound like this is some kind of pay cut, but it’s actually just that the raises aren’t abnormally high like they were last year. Seems like the article is trying to create some clickbait.

          • Tosti@feddit.nl
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            1 year ago

            So the raises for Execs, Devs, Designers etc where also lowered?

            From the article it seems like there are a lot of other reasons too (like reduced unionization drive etc.)

            • phoneymouse@lemmy.world
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              1 year ago

              This is my understanding from reading tech social media. Tim Cook also took a 40% pay cut earlier this year. But, people on here would rather be mad about something.

              • Tosti@feddit.nl
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                1 year ago

                Ah yes, you are correct:

                Apple chief executive Tim Cook will see his annual pay package slashed by more than 40% this year. The technology giant says Mr Cook requested the cut after criticism from shareholders.

                Apple’s compensation committee awarded him a total “target compensation” of $49m (£45.1m) for 2023.
                Source: https://www.bbc.com/news/business-64258289

                I personally think this is pure lip service. Someone making 100 Million a year taking a 49% pay-cut. But you are correct, he did take a pay-cut. But I would argue this does not hurt him in any way, especially not in comparison to line workers at the bottom of his company. In addition to this, there are a lot of high managers below him that also have direct influence on the course of the company, did they also take this paycut?

                Mr Cook’s pay was 1,447 times more than the wage of an average Apple employee.
                Source: https://www.bbc.com/news/business-64258289

                This excludes the workers at Foxconn and other manufacturing giants that work solely for apple and are compensated even worse.

                • cricket97@lemmy.world
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                  1 year ago

                  He’s running quite literally one of the biggest companies in the world. People who are able to do that deserve top dollar. 1447 times is really not that crazy given his relative economic impact

                  • Tosti@feddit.nl
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                    1 year ago

                    Well, there we disagree, but that is fine.
                    Thanks for the cordial conversation though!