EXCUSE ME??? This forum alone attacks Tim Cook and Apple "as a company" 90% of the time. Nobody here hardly attacks the employees. Not only does Tim Cook have to be responsible for major decisions that affect the whole company and stock value, but he also has to take abuse from the public. The employees aren't putting up with any "Crap". They have a job that they are not entitled to, but rather should be grateful for having.Meanwhile, Apple Store retail employees, who puts up with the most crap of anyone in the whole company, makes $16 per hour in San Francisco.
That's really high for a part time retail job.Meanwhile, Apple Store retail employees, who puts up with the most crap of anyone in the whole company, makes $16 per hour in San Francisco.
By the way, the layout of Apple stores since she has been hired I would argue have been for the worse.. Products are all over the place now. Some iPads on are on a table, the iPad Pros are on a back wall, watches are in the middle with literally nobody standing around them.. What exactly has she brought to the table here of value? I don't see it.
Don't feel so sorry for him just yet. I'm sure there's other compensation that he doesn't have to list there because of some loophole.I wouldn't normally say this about CEO compensation, but Tim actually seems like he's underpaid. Clearly he's bringing tremendous value to the company, which continues to be the largest (by market cap) and most profitable of any industry on the planet. Some CEOs get paid a LOT more than this, for doing highly questionable and even downright evil things. I wouldn't put Apple in that category, no matter what you want to say about Chinese labor, blah blah blah.
GIVE TIM A RAISE! Or at least more stock!
It's very possible that Tim has many more stock options than the other execs. For that reason alone I would be okay with lesser pay if I could have more in stock.Why is the CEO the lowest paid senior executive?
Right and meanwhile, the SF 49ers coach was FIRED yesterday after just one season and they paid him $10.5 million to leave. Between the ex-49ers coach and Tim Cook, at least one of them gets paid for working, the other gets paid for being fired. Please don't crap on Tim Cook.Well done Cook, you release slightly different versions of the same product every year, and earn 10 mil, not bad.
$16... in San Fran...? That's not high at all. That's approximately $32,000 gross/yr ($27,200/yr after taxes) assuming you work 40 hours/wk and take approximately 2 weeks off each year for PTO/Vacation. The fact that you think $16/hr is a lot is scary.Damn! That's a LOT. Wonder why it's so high?
"Angela Ahrendts received 391,634 shares worth $50 million"
Ugh. Srsly? Like for why?
True, especially with the costs to rent the most basic apartment in SF. $16/hr barely rents a room.$16... in San Fran...? That's not high at all. That's approximately $32,000 gross/yr ($27,200/yr after taxes) assuming you work 40 hours/wk and take approximately 2 weeks off each year for PTO/Vacation. The fact that you think $16/hr is a lot is scary.
How was it wise for Apple, a tech and computer company, to spend millions of dollars for the EX-CEO of a designer clothing brand that screams nothing but excess, elite, and the selling of overpriced goods?
Do people get an Apple retail (or any retail for that matter) job expecting it to be their only source of income?True, especially with the costs to rent the most basic apartment in SF. $16/hr barely rents a room.
You are aware she was hired away from Burberry as their CEO right? She took them in 7 years from a $2B business to a $7B business and absolutely transformed their brand. She's a retail genius. She's done and amazing job with Apple retail and the new store designs she's pushing are amazing. Best $50M Apple has ever spent. Jeff Williams is in position to take over as Apple CEO were something to happen to Tim, but I wouldn't mind it to be her instead. She's the visionary leader that crazy loon Hilary Clinton could only dream about being.
"Angela Ahrendts received 391,634 shares worth $50 million"
Ugh. Srsly? Like for why?
Meanwhile, Apple Store retail employees, who puts up with the most crap of anyone in the whole company, makes $16 per hour in San Francisco.
Last year, with stock awards and hiring bonuses, Apple retail chief Angela Ahrendts earned $73 million, but in 2015, her compensation was $25.8 million, in line with other Apple executives, all of whom received $20 million in stock awards and $4 million in non-equity incentive compensation in addition to their $1 million salaries.
I can't be the only one who thinks there should be some change in Apple. IMO Cook, Ive, and Cue need to be out and replaced to see what fresh, new, and motivated people can bring to the table.
Uh yeah. What Planet Are You On?Do people get an Apple retail (or any retail for that matter) job expecting it to be their only source of income?
I agree, Apple is missing the "spark", the "outside the box" innovation, groundbreaking applications and indeed last but not least a reborn respect for the Video and Photography Professional world with their current and future needs..I can't be the only one who thinks there should be some change in Apple. IMO Cook, Ive, and Cue need to be out and replaced to see what fresh, new, and motivated people can bring to the table.