Not like the BBC would have an agenda or anything.
Interesting take you have there. If you don't agree with something or some particular practice then the organisation involved must have an agenda.
Not like the BBC would have an agenda or anything.
Yeah? Now go brush your teeth with their toothpaste.
Proctor and Gamble is no Apple or Google.
Do they?
In the UK (at least) they are paid £9.15 ($14.41) per hour which for retail is pretty good (it's the living wage).
Do they pay less in the US?
Wow you're acting like an entitled little brat. I am 100% certain that those employees are compensated well over 10k per year with a VERY competitive salary package, stock options plans, 401k and other retirement plans, etc. It is a Xmas gift as a little extra, it's not meant to be part if their compensation package, nor should it be expected to be. What a joke of a post this is.
There are still profit sharing type of things out there for employees from various bonuses, stock incentives, actual profit sharing, etc. Perhaps not as widespread as it might have been before, but then again many things have changed over time and aren't like they've been before.As said multiple time before in this thread there used to be a thing called profit sharing for all employees. It used to be normal in stead of the exceptions. You have an end goal of profit (saying 20% revenue) Anything above that you give 50% to the employees. Employees pushed up the profits higher they get a cut of the pie.
Shareholders happy their return is higher. Employees get a cut as well.
Now days it is all about screw employees lets give money to the top 1% and lets push wages down. Do not forget Apple is among the tech giants that got busted for doing it.
So as someone pointed out if Apple took 1 bil of their profit and split it among their employees it would of been 10k per employee. Now you can even base that cut based on salary. That is how my company does it. Profit sharing came out to be north of 20% payroll. Everyone got a 20% bonus.
Now stuff like that is a massive exception instead of the norm.
Apple Does this. They don't EVER put an apple logo on it, but many things, including the Michael Kors bags that are sold atstores are exclusive to them. Not always exclusive in design, but things have been changed like the padding on the straps, or length of straps, or compartments have been modified to fix apple devices securely. I know this as a fact.
You keep telling yourself that is "identical". Just don't come to me when your mba drops from a fake bag due to poor stiching etc.while the possibility of being small defects units they threw away or extra hours of free manufacturing etc is possible, the most common answer is that the item will not be close to the original.
Tell you the truth Apple compassion is on the low end of the spectrum. They are not well compensated in their respective fields.
As pointed out before there used to be a think called profit sharing in the past and employees generally got it as a bonus.
Over the past 20-30 years more and more is taken away from them and employees are not really given any thanks for their hard work for helping give companies record years. Instead it is lay off if it means they can get more profit.
I do not believe in bowing down and worshipping stock holders. Hell I am on the side that believe stock holder worship by clearly many on these boards is the problem. It is the worship of the mega elite and the expense of everyone else.
Why should the employees not get 5-10% of the profit of the company as a bonus on top of their pay? It is a small cut as htey help the company a lot. It also builds a lot of good while for employees.
Image respecting your employees. Something that is lost these days. Company wonder why people switch jobs so often? It is because they stop respecting them a long long time ago. It is sad but company by in large demand complete loyalty from their employees but give none in return.
Do you know of any other companies or brands that do this? I'm not really one to buy things based on a fancy designer name but if it has been specially designed then I'm interested. Do/did you used to work with Apple or another company that did this? Or is it just common knowledge in the industry?
I really wish I could design my own bag. It was surprisingly difficult to find a small bag that has an iPad pocket with quick access to storage for a small mirrorless camera, maybe an extra lens and a couple other accessories like my iPhone, Adobe Ink, earbuds and some cables. Hopefully this Incase bag works out.
It was surprisingly difficult to find a small bag that has an iPad pocket with quick access to storage for a small mirrorless camera, maybe an extra lens and a couple other accessories like my iPhone, Adobe Ink, earbuds and some cables.
As said multiple time before in this thread there used to be a thing called profit sharing for all employees. It used to be normal in stead of the exceptions. You have an end goal of profit (saying 20% revenue) Anything above that you give 50% to the employees. Employees pushed up the profits higher they get a cut of the pie.
Shareholders happy their return is higher. Employees get a cut as well.
Now days it is all about screw employees lets give money to the top 1% and lets push wages down. Do not forget Apple is among the tech giants that got busted for doing it.
So as someone pointed out if Apple took 1 bil of their profit and split it among their employees it would of been 10k per employee. Now you can even base that cut based on salary. That is how my company does it. Profit sharing came out to be north of 20% payroll. Everyone got a 20% bonus.
Now stuff like that is a massive exception instead of the norm.
Bonus used to be normal. And generally good bonuses across the board.That's good for you, congratulations! I think you're romanticising the past, though. Can't seem to recall substantial profit sharing plans being common with really large publicly traded corporations at any point. Whole Foods Market types of conpanies comes to mind when you say that.
Bonus used to be normal. And generally good bonuses across the board.
Now it is all stock holder worship. Oh hail the mighty stock holder. They deserve everything. Screw employees screw everyone else.
What is even sadder is many of those people are doing direct conflicts of what is best for themselves.
But hey if you want to worship the stockholders so be it. Just do not expect me to respect you or anyone else for it.
Instead I look at those people as a huge part of the problem. Hell I look at many of them as clueless fools that fell for a phishing scammed hook line and sinker.
that is so lame! company of this magnitude gives this junk - that they buy at $10 at most a piece in mass quantity. how about free iPhone/ipod touch or at least $300 gift certificate?
that rivals this article:
http://www.bbc.com/capital/story/20141205-the-worst-bonuses-ever
Bonus used to be normal. And generally good bonuses across the board.
Now it is all stock holder worship. Oh hail the mighty stock holder. They deserve everything. Screw employees screw everyone else.
Most big firms, like Apple, offer a year end bonus based on sales, performance, and meeting objectives.
I'm sure the bag is extra
Wow. Just wow. A backpack priced at $60 retail, with the company logo on it. I think I'd quit on the spot if that was my christmas bonus.
And I would hope any employee with that frame of mind would quit on the spot.
Chances are they bring down the morale of the rest of the people they work around. Get rid of those "bad apples" and see how well the rest of your team improves instantly, like a dreary fog just lifted. Good riddance and with that, good luck.
"Amazing products are designed in Cupertino."
The new Mac Mini is *not* an amazing product. Hundreds if not thousands of customer reviews say it is horrible. Shame on you Apple for making your most loyal customer (I have owned 50 of your devices) say this in anger and disappointment.
Somewhere in the last 30 years there has been an absolute noticeable shift in the value placed on stock and stock holders versus the employees. Anyone who believes otherwise is either very young and thinks this is how it's always been, or vey Naive.
Then people realized that there was more money to be made (if you already had money) by just trading stock, rather than doing any real work. The industry took off. Stock ownership and trading became all important.
This had a negative affect though overall on economy. For stock to improve and make the traders money, that stock had to be tied to the performance of the company. For stock to continue to increase in value (the only thing a trader cares about), the company had to increase in value. For a company to increase in value, you have to have continued growth of profit.
There are only legitimately two methods of increasing profit. raise revenue or decrease expenses.
So what happens when increasing revenues by records amount stops? its an unobtainable ideal for most companies in the current world. There's a finite amount of people buying a finite amount of items. Eventually you saturate a market and that revenue stream is no longer giving enough growth and therefore enough profit to further increase stock holder wealth.
So they resort to the other means of increasing profit. Reduction of expenses. And you know what the biggest expense for any company is? Payroll. Employees are expensive. over the last decade we have started to really see corporations go directly after the employees in order to increase profit and increase the wealth of shareholders. Around the world we have seen benefits cut. Bonuses seem to be a thing of the past. The average raises in most industries now is the same, if not slightly less than inflation.
this doesn't work and is horrible for the economy. for "trickle down" laissez faire economy to work (you know, the type the US claims to want to be), it requires the top to send profits down the company through to the employees. When that happens, employees have more money to spend on more things. more disposable income they have, the more they buy, and the more money gets recycled back into the system.
instead, we're seeing so very few people up top, who have the money already to buy vast amounts of ownership stock, using that stock to make more money and keep it mostly to themselves. The economy works best when 100 people buy 10,000 cars, than when 1 person buys a 100,000 car.
Yes, another person that gets it. It's really brutal how this has changed over the years. And they wonder why most people hate Wall Street and those that worship it?
Instead of cuttin costs to the bone why can't they just take a little less profit or share that profit with the employees in the form of better pay and benefits? Yeah, LESS profit. Sorry, Wall Street Neanderthal, you'll have to get by on just six mansions, two islands, and three yachts. I know, it's asking a lot but what the heck?
The least we could do in this country is tax investment income like regular income or at some higher rate. That's a start. At least get some of that money back into the local economies to offset the high taxes that people get stuck paying that are on regular payrolls.
Wall Street is just a casino anyways. Tax it like Vegas winnings. It's the EXACT same thing as playing roulette or poker.
Not like the BBC would have an agenda or anything.
So many companies could just make less profit and do just fine. Yeah, I know publicly held companies would run into issues. The entire structure of growth is flawed anyway, more profit, more people, expand etc... that can't be sustained forever.
Some companies act like less profit is a loss.
He speaketh the truth.Apple Retail Employee checking in:
I wish. We don't get bonuses. Just bags and hoodies for christmas.
yeah.