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by alkonaut 4284 days ago
Point taken, I'm sure there are better examples than fast food of companies paying peanuts but earning millions per employee, probably due to huge investments/risks involved. Natural resources and banks come to mind.

Still, there is nothing that should make Apple pay more because they can, they only need to be competitive in salaries, not excessive. If they wanted to compensate employees more, that would probably not show up in these figures as it would likely not be base salary but rather bonuses/stock etc.
1 comments
nerfhammer 4284 days ago
> Still, there is nothing that should make Apple pay more because they can

No, but to hear people complain about how it's impossible to hire anyone...

while inflation- and cost-of-living-adjusted salaries actually have not increased at all... what's going on here?

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alkonaut 4284 days ago
"Hard to find developers" just means "Hard to find people who will do X when we pay Y". As for cost of living, if NYC/SF tech companies offer competitive salaries for those areas (like $150k) that must be a fortune for people working remotely from almost anywhere else. So assuming that remote work is quite normal, and the companies accept paying SF salaries to remote workers from everywhere, I can't see how they can fail to find talent.
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nerfhammer 4284 days ago
Personally I think there's a cultural aversion to competing on compensation.
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