Apple is among the most valuable companies on the planet, with a market capitalization of $3.12 trillion on the time of writing — and now new information reveals how a lot Apple pays its employees, from AI machine studying researchers to information scientists.
Based on new federal filings, obtained by Business 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 centered on information as much as $329,600 whereas engineers centered on purposes earn extra, as much as $378,700. Human interface designers, in the meantime, could make considerably extra, as much as $468,500.
Associated: Here’s How Much Money Amazon Employees — From Software Engineers to Product Managers — Make in a Year
Different large tech firms 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.
With regards to AI researchers, Apple pays the position 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 talent wars. Meta has poached four AI researchers from Apple as of Monday, per Bloomberg.
The Apple information arrives from paperwork that the corporate filed with the U.S. Division of Labor within the second quarter of the 12 months whereas hiring foreign workers. The information 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, in line with the filings:
- Information 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 will pay nicely into the six figures, there’s one position at Apple that makes probably the most cash of all: CEO.
Based on Apple’s annual proxy statement, filed this 12 months with the U.S. Securities and Change Fee, the tech big’s CEO, Tim Cook dinner, made $74.6 million in 2024, together with base wage, bonuses, and inventory choices.
Apple CEO Tim Cook dinner. Photograph by Kevin Dietsch/Getty Photographs
Cook dinner defined in a 2023 interview with singer Dua Lipa that Apple seems for traits like curiosity and creativity from new hires and recruits employees from “all walks of life.”
Associated: Here’s How Much 8 CEOs Made in 2024, From JPMorgan’s Jamie Dimon to Disney’s Bob Iger
“It is an unimaginable feeling to work with those that convey out the perfect in you,” Cook dinner said within the interview.
Apple has 80,000 employees and claims to have created two million jobs throughout the nation, together with 1.53 million U.S. jobs as a result of App Retailer ecosystem.
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Apple is among the most valuable companies on the planet, with a market capitalization of $3.12 trillion on the time of writing — and now new information reveals how a lot Apple pays its employees, from AI machine studying researchers to information scientists.
Based on new federal filings, obtained by Business 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 centered on information as much as $329,600 whereas engineers centered on purposes earn extra, as much as $378,700. Human interface designers, in the meantime, could make considerably extra, as much as $468,500.
Associated: Here’s How Much Money Amazon Employees — From Software Engineers to Product Managers — Make in a Year
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