this post was submitted on 12 Jan 2024
214 points (95.0% liked)
Technology
59086 readers
3431 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If you figure each engineer costs apple $250,000 a year, that’s the equivalent of 250 engineers. Could you imagine what apple could accomplish with 5 extra engineering departments? In what world is this one guy worth that much?
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.
Like, 10% more. Don't think that really changes the comparison.
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.