LOL You answered your own question!!!wonder how some will try to spin this.
perhaps it worked out best for us consumers as prices were kept lower.
LOL You answered your own question!!!wonder how some will try to spin this.
perhaps it worked out best for us consumers as prices were kept lower.
Did that not happen with previous versions of iOS? My guess is that's something Tim Cook didn't know about/make the call on.
LOL You answered your own question!!! Image
The discovery of these agreements in 2009 initiated a Department of Justice investigation that resulted in the dissolution of these restrictive hiring deals. A subsequent class-action civil suit was filed in 2011 and is expected to go to trial in May.
Why on earth does this kind of thing take 5 YEARS to go to trial?
Meanwhile no such wage ceiling at the executive level. Truly vomit-worthy.
https://www.macrumors.com/2014/03/05/apple-executive-bonuses/
https://www.macrumors.com/2013/07/26/apple-cfo-peter-oppenheimer-sells-16-4-million-in-aapl-stock/
https://www.macrumors.com/2013/06/2...-cash-in-apple-stock-worth-nearly-15-million/
https://www.macrumors.com/2013/08/2...rcise-stock-options-cue-nets-over-12-million/
https://www.macrumors.com/2013/04/1...ate-highest-paid-list-among-sp-500-companies/
I don't have anything specific. Just a feeling that Cook is more likely to play by the book and not do shady things.
Enough already. It's being handled.
Does anyone believe the employees were paid less because the companies agreed not to poach another company's employees? It would seem that an underpaid employee would have sought employment elsewhere.
Those anti-poaching agreements didn't prevent an employee from seeking employment elsewhere.
If these companies don't want a wages war, they can just NOT poach employees from rivals & other companies by offering them higher salaries.
No one is forcing them to do so.
They just can't create an explicit agreement limiting the employability/careers of their employees, particularly without their knowledge or consent.
wonder how some will try to spin this.
perhaps it worked out best for us consumers as prices were kept lower.
I don't get all bent out if shape on this honestly. Is it not logical that the highest net worth company pay it's major employees the highest? They all helped make it the highest net worth company and are rewarded for it. I dunno, maybe I'm crazy...
Yep, those who rely on the mid- and lower- level employees get all the benefits of their work but don't have to bother sharing in the wealth that's generated. I don't want to sound commie, but this is capitalism out of control.
You honestly believe they were passing on those savings to consumers, and not their own pockets?
Close. The average Fortune 500 CEO is actually paid about 400 times as much as the average worker in their companies.There's "paying major employees the highest", and then there's paying them such ungodly sums at the expense of hundreds or thousands of lower level engineers. It's pretty hard to justify paying those amounts to the high profile execs and then turn into Scrooge McDuck when it's time to pay others. It's analogous to the individual who buys a $700 iPhone and then hems and haws whether that $1.99 is worth it or should wait for it to go free.
i dont get it...
i thought apple corp were angels
Am I the only one who feels like this is a good thing? Because it seems like it is.
If we have these companies snatching away these valuable assets, progress could be severely hindered. Just look at what impact Jony I've had on the look of iOS alone. Now forstal wasn't hired by another company, but imagine of now Ive got picked up by google somehow. Things would go bad really fast.
It has it's disadvantages of course, but I see things getting way worse it they didn't do this.
Enough already. It's being handled.
Does anyone believe the employees were paid less because the companies agreed not to poach another company's employees? It would seem that an underpaid employee would have sought employment elsewhere.
Those anti-poaching agreements didn't prevent an employee from seeking employment elsewhere.
Somebody help me - did the agreement bar companies from hiring, or from approaching employees? Quite a difference between the two, but the clarifications is rare.
OK, so maybe I'm nuts here, but I think this type of agreement, while possibly illegal, may have been necessary for silicon valley to exist. Here's why...
All of these companies are highly successful and growing. This means that talent is hard to come by. So, one natural manner of acquiring talent is to poach talent from another company. Seems fair. The issue is that if these companies only did that, you are going to start to have trouble. Talent would simply game the system and continue to increase their wages. As employees move from company to company, they need to be retrained. All of this raises prices since labor is probably a large amount of these company's over head expenses. In addition, it creates a more hostile work environment and not one where cooperation is valued.
Right now, there is a class discrepancy issue happening in San Francisco and probably other cities in the valley. Imagine if there is no price cap and no agreements in place. Now you have a highly mobile, tremulous, high-class workforce that make millions. What impact would that have with wage disparagement?
I think California shot themselves in the foot by also prohibiting companies from making moonlighting and non-compete clauses in their employee manuals. So the only recourse for these companies is a non-poaching agreement to prevent complete chaos.
I think this is being painted in the wrong light. As a business owner, if secrecy in product development drives my success, I would greatly limit the level of collaboration between strategic partners like Apple has begun to do since this lawsuit. Giving a competitor who is also a partner access to someone who knows the ends and outs of the products you are working on with out some assurance the partner isn't going to gain full access and an unfair advantage by knowing what you are doing, or handicapping you by stealing the talent working on the product that you introduced them too.wonder how some will try to spin this.
perhaps it worked out best for us consumers as prices were kept lower.
Now these employees know what it feels like to be a NCAA div 1 football/basketball player.
Enough already. It's being handled.
Does anyone believe the employees were paid less because the companies agreed not to poach another company's employees? It would seem that an underpaid employee would have sought employment elsewhere.
Those anti-poaching agreements didn't prevent an employee from seeking employment elsewhere.
wonder how some will try to spin this.
perhaps it worked out best for us consumers as prices were kept lower.