the heart that you call home

I was earning $11.25 an hour. Part of me was thinking, ‘This is great. I’m an Apple fan, the store is doing really well.’ But when you look at the amount of money the company is making and then you look at your paycheck, it’s kind of tough.

Jordan Golson, Apple Store employee • DIscussing his wages earned relative to the thriving success of his company, in a New York Times article today that’s definitely worth a read. The balance of jobs Apple has brought to the American economy have been weighed heavily towards retail, the sort of job for which many employees make around $25,000 per year, despite working for one of the world’s most profitable tech titans. As the article points out, Apple’s hourly rate for retail workers is above average among many competitors, but the products Apple sells add up to a much bigger profit per employee – the average Apple Store worker is responsible for moving $473,000 worth of products per year, yet many earn (based on that $25,000 figure) below 20% of what those sales bring in. Conversely, CEO Tim Cook’s 10-year vested stock grants? Today’s share price would fix them at $570 million. Which is, obviously, mondo money. (h/t Gregory Bufithis) source (via • follow)

I used to work for Apple. They closed down our call center to open up their new one in Bangladesh … . :/

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Source: shortformblog