The smartphone market and general economy have slowed down post-pandemic, and Apple is reacting with a lower raise for employees in 2023 versus 2022.

Apple reduces raises given to retail employees after weak iPhone quarter::The smartphone market and general economy have slowed down post-pandemic, and Apple is reacting with a lower raise for employees in 2023 versus 2022.

    • jonne@infosec.pubEnglish
      47·
      1 year ago

      Yeah, they’re punishing the people that have the least influence on this outcome. And as you said, the people that are responsible for only doing incremental improvements on the product are already paid more as a baseline and probably got a bigger raise too.

      • Ignisnex@lemmy.worldEnglish
        18·
        1 year ago

        Two years ago, they were “essential”, and the idea of them getting any kind of benefit to prevent harm was unthinkable. Shafted at both ends of the spectrum.

          • Ignisnex@lemmy.worldEnglish
            2·
            1 year ago

            My dude, essential is an antonym for expendable. Literally opposites. By definitions of both words, something cannot by both expendable and essential. But logic aside, calling a person essential to the point of denying their own safety to perform their job, but saying they can be replaced at any minute is frankly cruel.

    • phoneymouse@lemmy.worldEnglish
      49·
      1 year ago

      I think Apple gave extra high raises last year due to elevated inflation. It’s lower this year because they’ve reverted to “normal” sized percentage increases.

        • phoneymouse@lemmy.worldEnglish
          36·
          1 year ago

          Last year the raises were abnormally high because Apple was trying to adjust for high inflation. This year, they’re just back to normal increases. The article makes it sound like this is some kind of pay cut, but it’s actually just that the raises aren’t abnormally high like they were last year. Seems like the article is trying to create some clickbait.

            • phoneymouse@lemmy.worldEnglish
              22·
              1 year ago

              This is my understanding from reading tech social media. Tim Cook also took a 40% pay cut earlier this year. But, people on here would rather be mad about something.

                • cricket97@lemmy.worldEnglish
                  23·
                  1 year ago

                  He’s running quite literally one of the biggest companies in the world. People who are able to do that deserve top dollar. 1447 times is really not that crazy given his relative economic impact