Apple is among the most dear corporations on the earth, with a market capitalization of $3.12 trillion on the time of writing — and now new knowledge reveals how a lot Apple pays its staff, from AI machine studying researchers to knowledge scientists.
Based on new federal filings, obtained by Enterprise Insider, Apple is paying software program builders as a lot as $264,200, whereas software program engineer managers make as a lot as $378,700. The filings, which featured a number of software program engineering roles, reveal that Apple pays engineers targeted on knowledge as much as $329,600 whereas engineers targeted on functions earn extra, as much as $378,700. Human interface designers, in the meantime, could make considerably extra, as much as $468,500.
Different massive tech corporations compensate their workers equally for comparable roles. For instance, Meta pays $120,000 to $480,000, Google pays $109,180 to $340,000, and Microsoft pays $82,971 to $284,000 for software program engineering expertise.
Relating to AI researchers, Apple pays the function as much as $312,000 in base wage — a far cry from Meta, which has not too long ago awarded over $200 million in compensation for AI expertise amid the ongoing AI expertise wars. Meta has poached 4 AI researchers from Apple as of Monday, per Bloomberg.
The Apple knowledge arrives from paperwork that the corporate filed with the U.S. Division of Labor within the second quarter of the yr whereas hiring overseas staff. The info solely applies to overseas hires and discloses base wage, not together with inventory choices, signing bonuses, or different compensation.
Different roles are paid as follows, based on the filings:
- Knowledge Scientist: $105,550 to $322,400
- Electronics Engineer: $108,160 to $264,200
- {Hardware} Builders: $124,942 to $293,800
- Machine Studying Engineer: $143,100 to $312,000
- Skilled Providers Guide: $100,200 to $258,700
- Instruments and Automation Engineer: $105,602 to $293,800
Whereas these roles pays nicely into the six figures, there’s one function at Apple that makes essentially the most cash of all: CEO.
Based on Apple’s annual proxy assertion, filed this yr with the U.S. Securities and Trade Fee, the tech large’s CEO, Tim Prepare dinner, made $74.6 million in 2024, together with base wage, bonuses, and inventory choices.
Apple CEO Tim Prepare dinner. Photograph by Kevin Dietsch/Getty Pictures
Prepare dinner defined in a 2023 interview with singer Dua Lipa that Apple appears for traits like curiosity and creativity from new hires and recruits staff from “all walks of life.”
Associated: Here is How A lot 8 CEOs Made in 2024, From JPMorgan’s Jamie Dimon to Disney’s Bob Iger
“It is an unimaginable feeling to work with people who carry out the most effective in you,” Prepare dinner said within the interview.
Apple has 80,000 workers and claims to have created two million jobs throughout the nation, together with 1.53 million U.S. jobs because of the App Retailer ecosystem.
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Apple is among the most dear corporations on the earth, with a market capitalization of $3.12 trillion on the time of writing — and now new knowledge reveals how a lot Apple pays its staff, from AI machine studying researchers to knowledge scientists.
Based on new federal filings, obtained by Enterprise Insider, Apple is paying software program builders as a lot as $264,200, whereas software program engineer managers make as a lot as $378,700. The filings, which featured a number of software program engineering roles, reveal that Apple pays engineers targeted on knowledge as much as $329,600 whereas engineers targeted on functions earn extra, as much as $378,700. Human interface designers, in the meantime, could make considerably extra, as much as $468,500.
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