Lastly, technology challenge; the firms new product iPhone 4S is less improved compared to its predecessor. Upgrade now. Employee benefits can best be described by health insurance. The charts on this page feature a breakdown of the total annual pay for the top executives at Apple Inc. as reported in their proxy statements. The number of total employees a company has reported on it's annual filing. Apple Inc. Only 0% of Apple employees earn a salary of <$25k a year. There is an intense fear of the survival of the entity without Steve Jobs a strong and visionary leader. Employees who are too much committed to work and denied a chance to have time with the family members are likely to get stressed, depressed and even committing suicide. Perpetual leasing and buyback enables businesses to be nimble and moves purchasing from a capital expense model to an operating expense. Want to chat with Apple employees? However, according to Jonathan Ive Apples main goal is to make high-quality products and not making money. The health conditions of the people will significantly influence the workers welfare. Social activities help to release workplace pleasures and also reduction of stress and depression. The current firms rewarding program is designed in such a way that the employees are motivated to produce high quality and competitive products. The least common age range of Apple employees is less than 18 years. The workers would remain committed and therefore, increasing their productive capacity (Scott et al. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The life insurance benefit provided to you is a formula based on your base Motivated employees are committed to their duties thus increasing the productivity of the firm. Arguably, the introduction of new features will help to win more customers thus holding a significant market share. For example, the company should provide enough off time and a flexible work station to allow the staffs to interact with the family members. Tough times demand focustotal rewards strategy. Security guides will explain how secure our hardware and platforms are on any network, so you can be sure your corporate data is safe. The majority of Apple's employees have been located in the United States but Apple has substantial manufacturing, sales, marketing, and support organizations worldwide, and some engineering operations in Paris and Tokyo. The company has 478 retail locations worldwide. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Launch your program and keep your employees informed and up to date every step of the way. A total reward system ensures that staffs welfare is taken care of. Benefits Quarterly,25(4), 44-47. The financial incentives include; flexible savings plan, benefits and investment and stock purchase options. Century 21 M&m And Associates Demographics, West Valley Community Services Demographics, Research And Development Engineer jobs Apple, Senior Manager, Product Management jobs Apple, Senior User Experience Designer jobs Apple, National Association for Addiction Professionals, Apple Certified iOS Technician (ACiT) Certification (2018) (ACMT), Computing Technology Industry Association (CompTIA), American Society of Phlebotomy Technicians, Certified Professional - Human Resource (IPMA-CP), International Public Management Association for Human Resources, Apple Certified Support Professional 10.10 (ACSP), National Registry of Emergency Medical Technicians. Remarkably, this may affect the future performance of the company. Interactive chart of Apple (AAPL) annual worldwide employee count from 2010 to 2022. Promotion from within is necessary since the employees already understand the firms culture; hence, they will catch up very fast in their new position. None of the information on this page has been provided or approved by Apple. For example, staffs should be provided with a favorable working environment where they are free from workplace injuries, sexual harassment, etc. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Since formation of the Apple Computer Company in 1977, it (as Apple Computer, Inc.) has employed over 75,000 people worldwide. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Apple reported 154K in Employees for its fiscal year of 2021. However, the application of Apples products in Europe has been declining. In the working place, people come from different backgrounds where the traditions and beliefs are contradictory. In conclusion, a total rewarding program offers both monetary and non-monetary elements. Generally, the firm should be purposeful in offering the total reward program to the employees. In depth view into Apple Total Employees (Annual) including historical data from 2021, charts and stats. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. View the Apple Employee ChoiceGuide forIT(PDF). We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Apple employees span a wide range of roles, from artists and designers to technical support, sales, and marketing. On a per-device basis, Mac costs $843 less than comparable PCs when considering hardware, software, support, and operational costs. Many people already know how to use and support Apple devices, so the responsibility of daily maintenance is shared between IT and the end user. The firm has already established flagship stores in Hong Kong. Apple Inc., Nokia, and Samsung are among the largest multinational corporations in the electronic devices. The firm has dominated the electronic industry for last one decade. Browse the research that shows how Apple technology helps businesses. The most common highest degree level of Apple employees is bachelors, with 63% of employees having at least a bachelors. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. From deployment and setup of iOS, iPadOS, and macOS to device management and support, these core principles simplify the process. Select the devices your company will support. Apple Inc. firm should provide a favorable working condition to the employees. We let employees choose what they use and overwhelmingly they choose Apple products. Calculate Your Total Salary. The workers would enjoy services provided and would proudly be associated to the firms success. View the Apple Employee Choice Guide for IT (PDF) Good for employees. Employees should also be rewarded goal-specific awards which leads to cost-savings, improved quality products, safety, and productivity. Here are some of the top Apple employee benefits the company offers, which paint a picture as to why people love working for the tech giant that cares. Apple employees List of Apple employees Search and validate emails & phone numbers from 107677 Apple employees Sign Up to Get Free Contacts Sign Up Apple Management Apple These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Such rewards include; service awards, performance evaluation, appreciation luncheons and outings where the staffs can interact within senior officials. Gross, S., Bundy, K., & Johnson, R. (2011). Who is Mark Twain and What Did He Accomplish. The employees are willing to stay productive as longs they are getting sufficient wages. To achieve this objective, the firm aims to use the following tactics; use of flagship stores which will attract more customers. API GATEWAY Direct access to our data from your apps using any programing language. Many other jobs are attributable to Apple, including 627,000 created to support the iOS ecosystem. Employees health status is paramount. Apple Inc. is a multinational corporation which deals with consumer electronics. quicklist:title: Apple Campus 2 spans 176 acrestext: Apple presented its latest plans for the Apple Campus 2 in April. 2010). Fixed salary should be competitive thus encouraging employees to remain within the firm. Chairman of the Board, Apple Founder and CEO Calico James A. The entity will also rely on internet providers and the use of third-party retail shops(Hiles 2009). We're slowly rolling out invites. Some researchers have also found that the suicidal rate cases, particularly in their china branch, have significantly increased. General body fitness is essential in the production process, and therefore, company management should be confident in improving the employees wellbeing. First, employee retention would significantly improve. Its all about creating a seamless onboarding experience and then teaching them to go further and do more with their Apple products. In depth view into Apple Total Employees (Annual) including historical data from 2021, charts and stats. Beyond the basic company setup, employees can personalize their devices and choose the perfect set of apps that will work for them. Sep '18 Employees at Apple are encouraged to think outside the box and then disregard that box. Bell Former CFO and Corporate President The Boeing Company Tim Cook CEO Apple Albert Gore Jr. Former Vice Total Employees (Annual) Range, Past 5 Years. The balance between career and family is an excellent concern within the international market. Apple Inc. should always ensure that the employees acquire training which will help them to be more productive. The highest paying role at Apple is Product Manager at the ICT6 level with a yearly total compensation of $780,000. That is, adding more knowledge in a persons job. Did not previously hold government jobs: 16.67%. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 20% of Apple employees majored in business. Apple makes it easy to give employees the power to choose their own devices, while simplifying IT management and maintaining corporate standards. We have dozens of resources to help you along the way. And use tools such as mobile device management (MDM) along with Apple Business Manager to easily deploy and manage iPhone, iPad, and Mac. This includes base salary as well as any potential stock compensation and bonuses. The products will also have new features which will help to satisfy the consumers. Apple Inc. Companys long-term compensation should include; restricted stock, performance shares, stock options, and cash and performance units. The most common race/ethnicity at Apple is White. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. Consequently, this will promote consultation amongst the workers and the senior officials. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Most successful companies in various sectors have developed strategies to reward their employees. Apple Inc. All rights reserved. Undervalued or overvalued customers: capturing total customer engagement value. Notably, this is achieved by offering sufficient salary to meet their basic needs, employee payment is made regularly and also provide financial incentives. This ensures that your employees have the guidance they need to be successful. Sign up to join our waitlist. 2010). How to Find Home Solar Panel Installation Savings, The Best Ways to Style Mens Ralph Lauren Clothing, How to Define Your Style With Ralph Lauren Clothing, Google Chrome: Fast Facts You Need to Know, Simple Ways to Boost Your Google Chrome Privacy, How to Keep Your Costco Jewelry Looking New for Years, The Basics of the Perfect Royal Caribbean Cruise, How to Clean Outdoor Furniture: A Step-by-Step Guide. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. When the employees are recognized, they appreciate their work and they are motivated to produce internationally acceptable products. Hiles, A. Apple | AAPL - Employees Total Number. No matter where you work at Apple, you can take advantage of our health and wellness resources and time-away programs. The employees are recognized based on their loyalty and performance within the organization. Secondly is the variable pay which is determined by the employees level of performance. 2022 Though almost all of its manufacturing is done abroad, Apple says it supports jobs for about half a million people in the United States. But the company gets a little creative to reach that figure. There are 47,000 people working directly for Apple in the U.S.; of these, 7,700 are customer support operators and 27,350 work retail in Apple Stores. The firm should, therefore, introduce cultural diversity programs where the workers are to interact and learn about new cultures. Retention of key talent and the role of rewards. Apart from this employees could also buy Apple software at the 50% off rate and AppleCare at a 25% off rate. For Apple Inc. to remain competitive in the international market, a total reward program is efficient. The company is facing a lot of problems. The ongoing integration of total rewards. The firm should implement measures to reward the workers as a way of acknowledging their contribution to the companys success. Please check your download folder. The average employee at Apple makes $127,197 per year. 19% of Apple employees are Hispanic or Latino. The emerging demand for consumer electronics and high competition in the sector require a high level of creativity and innovation. And training and certification will equip your IT team with the knowledge and best practices they need to roll out Apple products internally. Apple has 154,000 employees. Apple Inc. Apple also designs, manufactures and sells iPad, MacBookand HomePod. The payment packaged is determined by the Apple Inc. payment structure and philosophy. REVOLVING DOOR. Professional development refers to opportunities offered to the workers by employers for individual development while in the company. These fundamental indicators attest to how well Apple Inc utilizes its assets to generate profit and value for its shareholders. Apple Inc. enterprise would experience great achievement by endorsing the total reward system. They don't mind breaking standards and norms. This is aimed at increasing productive capacity, increasing employee loyalty as well as generating more revenue to the company. Ill health may lead to poor performance of the workers. Scott, D., McMullen, T., Royal, M., & Stark, M. (2010). Apple employees are most likely to be members of the democratic party. Benefits Quarterly,29(1), 32-38. The inspiration for the name is presumably from a programming concept. Introduction of new Request Access Product Designer . 2021 EssayTyping.com. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. Read full definition. As a technological company, Apple is directed towards innovative thinking amidst a competitive industry. 40 out of 48 Apple Inc lobbyists in 2022 have previously held government jobs. Search for all salaries on our compensation page or add your salary to help unlock the page. The firm also aims double the size of the service business. Apple Inc. has in the recent year been accused of the high rate of staffs suicidal cases. Apple is a company and its main focus in on maximizing the profits of its shareholders but it is also a company that believes in giving back to the society. At Apple, Main RSUs are subject to a 4-year vesting schedule: 25% vests in the 1st-year (12.50% semi-annually), 25% vests in the 2nd-year (12.50% semi-annually), 25% vests in the 3rd-year (12.50% semi-annually), 25% vests in the 4th-year (12.50% semi-annually), 25% vests in the 1st-year (25.00% annually), 25% vests in the 2nd-year (2.08% monthly), 25% vests in the 3rd-year (2.08% monthly), 25% vests in the 4th-year (2.08% monthly). Only 8% of Apple employees stay at the company for 8-10 years. Both monetary and non-monetary rewards assist in organizational as well as individual development. As an Apple employee, you have a minimal amount of group life insurance coverage based on your earnings. 2022. Peer recognition award also motivates employees to closely interact and maintain a close rapport with others (Scott et al. The company should offer opportunities in the following areas; internship, where young graduates are offered chances to develop their skills. To achieve this objective, the firm will invest much in an ad, research, and development. Employment Relations Today,37(4), 11-17. The second objective is to offer hassle-free commodities that deliver services and pleasure to customers. When businesses invest in Apple, productivity goes up and costs go down. To start with, leadership challenge; the firms leadership has been changing and new management taking over. The management team should, therefore, invest more in research to improve new products in the market for the firm to remain competitive. Introduction of new products in the market would attract new consumers. The challenges can be categorized as; leadership, economic, competition, and technology challenges. Within Technology sector only one company achieved higher revenue per employee than Apple Inc . View Apple Accountant, Business Analyst, Data Scientist, Hardware Engineer, Human Resources, Information Technologist, Marketing, Mechanical Engineer, Product Designer, Nevertheless, two of its products- the iPad and iPhone have recently faced stiff competition in the mobile sector (Huang & Chen 2010). An equitable total rewards approach to pay for performance management. Previously held government jobs. The company should also provide health incentive programs to all the staffs. 19% of Apple employees are Additionally, this also helps to address the corporate social responsibilities. Kwon, J., & Hein, P. (2013). The CEO and another key management team should ensure that all the staffs receive a reasonable salary thus motivating them to remain committed to their productive obligations. Employee motivation is paramount in the production process. Subscription Plans | Features. https://en.wikipedia.org/w/index.php?title=Category:Apple_Inc._employees&oldid=985009103, Template Category TOC via CatAutoTOC on category with 101200 pages, CatAutoTOC generates standard Category TOC, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 October 2020, at 12:19. 55% of employees at Apple are White. 76% of employees earn a salary of $100k-200k a year. Exceptionally, this form of payment is done once per performance period. The employees should also benefit from retirement benefits following their contribution to the expansion of the business. The firm is also committed to identifying new business opportunities within the international market. The administration has encouraged its consumers to return old products to their shopping stores for them to be reused. On average, employees at Apple stay with the company for 4.5 years. The company boasts over 52,000 new jobs added in the previous 10 years alone. The firm should also ensure safety to the staffs thus reducing the turnover rate within the firm. iPhone, iPad, and Mac can be deployed and managed over the air by IT. The pay is aimed at rewarding employees within a period of one or less than one year. And employees get the experience of unboxing their devices on their own. WorldatWork Journal,21(4). Scott, K. D., McMullen, T., & Royal, M. (2012). Most companies goals are to make money. 2010). The second challenge is an economic challenge; the companys brand is active about other brands and therefore enjoys inelastic demand for their products. Apple employees include employees of companies acquired by Apple, including NeXT and Emagic. The firm has to closely monitor and encourage several pay strategies which promote retention of the employees as well as providing incentives. The firm generates a lot of revenue thus remaining dominant in the sector. High demand for production workers in the electronic market would encourage employee turnover in search of better wages. Upskilling refers to growth in ones line of career. How much do Apple employees make? An employee of the month reward is a way of recognizing hard work within the company. The campus spans 856,000 square feet and houses about 3,000 employees, but it has 16,000 employees in the Cupertino area, according to the report. i am talking about apple store in certain in this answer.. so lets start 1. You're not allowed to discuss your work with outsiders. Much like the CIA, Apple Store employees are not allowed to talk about their jobs. For instance,complaining to your friends over drinks about the bad day you had or crazy customers you encountered is forbidden. Notably, this implies that workplace injuries should be eradicated. The firm also ensures that the esteem needs of the employees are achieved. The firm should also offer the employees opportunities in the international assignment, leadership training, tuition reimbursement, online learning, succession planning programs, and self-development courses among other possibilities. Apple Inc. While talking in the British Embassys Summit, it is worth to note that noted that the company appreciates its high revenues but has to remain focused on improving the quality of their commodities. Employee motivation is paramount in the production process. The management team, therefore, aims at escalating the firms supply network to reach more clients. 2010). So we provide programs AppleCare professional services, the AppleSupport app, and AppleSupport on Twitter that can complement the internal services provided by your IT team. The median yearly total compensation at Apple is $228,165. $6,490,000. You can The flexible workplace would also allow the staffs to take care of their children as well as their adult dependents. The demand for consumer electronics has dramatically improved, and as a result, the firm has to penetrate the market to meet consumer expectations (Scott et al. One of the terms of employment within the firm is that you have to sign an anti-suicidal contract. Apple Inc. It also faces severe competition from Googles Android phone in the iPhone sector. Apple is a company that designs, manufactures, and markets mobile communication and media devices. Employees welfare is also a key consideration. Apple: Number of Employees 2010-2022 | AAPL, Apple total number of employees in 2022 was, Apple total number of employees in 2021 was, Apple total number of employees in 2020 was, Apple total number of employees in 2019 was. The firm also offers a satisfactory dining environment such as the corporate cafeteria which provides high quality and a variety of foods (Gross, Bundy & Johnson 2011). Journal of Management Policy and Practice,11(4), 11-121. Please check your download folder. They will also enjoy playing new games. Technological changes are inevitable, and consumers demand devices with new features which will meet their demands. A plurality of employees at Apple stay for 1-2 years. When you give people the power to work the way they want, with the tools they love, they are inspired to do the best work of their lives. You can also help employees help themselves by sharing starter guides filled with useful tips. The best performers are offered short-term incentive pay. The firm, however, has faced a lot of criticism in the last few years due to subjecting its workers to harsh working conditions, low payments, and extended working conditions. Good employee relationship and employee engagement strategies helped the organization to have the revenue generated per each of its employees. Highly skilled personnel produce high-quality products which meet international standards. Multi-tasking, on the other hand, applies to employees gaining more experience outside the fields of their career. The most common ethnicity at Apple is White (55%). Previously held government jobs: 83.33%. Once youve approved Apple products in your workplace, the next step is to get them set up and fully configured according to your IT policies. National Association of Legal Assistants, Inc. Certified Information Technology Professional (CITP), American Institute of Certified Public Accountants. Compensation & Benefits Review,41(4), 29-35. It enables them to be more productive, and work the way that they want to work. It offers personal computers, portable digital music players, and a variety of related The pay serves as a motivation for the workers to remain committed and also to increase their productive capacity. The total reward program is also aimed at improving the workers welfare. Tuscaloosa City Schools held a luncheon to give special recognition to some of its best employees for their commitment to education.. The company should also encourage community awareness and involvement programs which would allow the society to present their views. This paper will review the current reward system for Apple Inc. and develop a suitable rewarding program (Kwon & Heinn 2013). Apple may also be known as or be related to Apple, Apple Computer Company (19761977) Apple Computer, Inc. (19772007), Apple Inc, Apple Inc., apple retail and apple retail store. This list may not reflect recent changes. The firm should, therefore, offer flexible work schedules which will allow the staffs to have more time with their families. The staffs should not only be given monetary rewards but also non-monetary rewards. the total reward program comprises of the following components; compensations, professional development, recognition, work-life balance and benefits (Kumar et al. The most common certification among Apple employees is master addiction counselor. Apple Inc. Apple Inc. Estimated Total Value : $15,066 Unique to Apple Fertility Assistance Egg Freezing Music Events Company-Wide Music Bashes Insurance, Health & Wellness Accidental death and dismemberment (AD&D) Insurance Custom Work Station Dental Insurance Disability Insurance Employee Assistance Program Free Dinner 5 days a week Free Drinks Free Snacks Great for business. Introduction. Benefits can add thousands of dollars to your offer. The impact of rewards programs on employee engagement. Remarkably, this is achieved by valuing self-respect and also respecting the rest of the staffs. The most common age range of Apple employees is 20-30 years. (2009). Mujtaba, B. G., & Shuaib, S. (2010). Copyright Learn More. A total reward program should incorporate the following elements compensations, professional development, recognition, work-life balance, and benefits. Apple's business primarily runs around its flagship iPhone. Employee turnover signals poor management within an organization, and therefore, they should be driven to work in a safe environment and also offered a competitive salary package. The firm will also monitor Googles and yahoos works. .css-1odorsr{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1ln5qhx{-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1bqa537{margin:0;color:#268dec;-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}Get your salary negotiated .css-1npej63{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.25rem;margin-left:-4px;}or your resume reviewed by the real experts - recruiters who do it daily. Notably, this would also help to reduce workplace conflicts as well as improve the interactive capacity. There are many employees of other companies that support Apple, such as the 20,000 construction-related jobs that are needed to build Apples retail stores. It's rare for an employee to stay with Apple for 8-10 years. Apples founder Steve Jobs had started a 360-degree employee engagement program under which efforts are put to continually engage with the employees. International Journal of Hospitality Management,29(1), 128-135. The company has several goals which help the firm to compete with the rivals, increase production and also increase the revenue collected. In the electronics industry the level of competition is high, and therefore the firms need to invest more in research and development to produce highly competitive devices. 38% of Apple employees are women, while 62% are men. 62% of Apple employees are male and 38% of Apple employees are female. Most hardworking staffs are rewarded thus encouraging them to remain committed to achieve the Apple Inc. goals and objectives. Notably, this helps to reduce the emission of harmful chemicals into the surroundings. The company recognizes the efforts of its employees. Since formation of the Apple Computer Company in 1977, it (as Apple Computer, Inc.) has employed over 75,000 people worldwide. Zippia gives an in-depth look into the details of Apple, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Apple. The program also comprises of environmental components. Apple is a prime example of a company that utilizes the principles of Total Quality Management (TQM) at their organization to achieve their corporate and social goals. Secondly, the program would motivate the workers thus enhancing their performance. Huang, C. T., & Chen, P. T. (2010). For Apple profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Apple to generate income relative to revenue, assets, operating costs, and current equity. You never know when you or your employees may need help with Apple devices. Staff training also helps to reduce the cost of recruitment since promotion is from within. The first objective is to expand their sales to new customers who have never bought Apples products. The firm also offers safety needs to their employees by providing retirement benefits, job security, and a safe working environment. The firm seeks to invest more in research and development thus producing new generation products. The firm should also positively contribute to the unemployment program as mandated by law. The company also aims at ensuring environmental management through recycling technique. The most common ethnicity at Apple is White (55%). This category contains notable present and past employees of Apple. 2% of Apple employees are between the ages of less than 18 years. In 2019, Apple reported having 137,000 employees. Join our community to chat with employees from Apple and many other tech companies. Coursework Writing Service that You Will Like. Competition challenge; the company has been a barrier to other competitive entities such as Nokia and Hewlett-Packard. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Upgrade. Apple benefits help further the well-being of our employees and their families in meaningful ways. Some customers have never purchased any product from Apple Inc. Company. The firm also wishes to produce environmentally friendly products as well as user-friendly products. Apple Inc. The company offers a competitive salary to its staffs thus reducing employee turnover rate. Arguably this will ensure that the firm offers high-quality service and also reduce consumer complaints (Scott, McMullen & Royal 2012). 58% of Apple employees are between the ages of 20-30 years. Employees also play a significant role in improving the quality of the products. Empower all employees to decide which devices will work best for them, and provide clear choices within the range of products that IT can support. The data presented on this page does not represent the view of Apple and its employees or that of Zippia. The short-term incentive payment is also a form of variable compensation. The employees are also provided with sickness and pension schemes. Staff training is also essential since the firm will incur less cost for the interviewing process since promotion is from within the company. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple Inc. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Do reward programs truly build loyalty for lodging industry?. Teamwork and consultation help to improves workers morale thus enlightening their productivity. A great experience is more than a great device. He has a strong knowledge of technology, market, and arts. Employees safety comprises of job security and reliable wages. Is Total Rewards a Passing Fad?. Joint ventures help the firms to penetrate more markets thus reaching to more consumers. After extensive research and analysis, Zippia's data science team found that: 38% of Apple employees are women, while 62% are men. Retaining close rapport also help to reduce workplace conflicts. The majority of Apple's employees have been 2010). Join our community to chat with employees from Apple and many other tech companies. Wages are monetary elements of the total reward program. DATA Download historical data for 20 million indicators using your browser. The major Apple employee discount is the annual 25% off on the purchase of iPhone, iPad, watches, computer, or any other Apple product. Journal of service research,13(3), 297-310. Research Summary. Kumar, V., Aksoy, L., Donkers, B., Venkatesan, R., Wiesel, T., & Tillmanns, S. (2010). Chart The modern business world is shifting to a new model to give employees access to Apple Technical innovation paired with minimalistic designs and creative advertisements under former CEO Steve Jobs's leadership made Apple one of the world's most valuable The least common salary at Apple is <$25k. The firm should also be committed to offering staff training thus improving their level of performance. We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce. Creativity and Innovation. - Apple noted that it now has 92,600 full-time equivalent employees, up from 80,300 at the end of fiscal 2013. The firm should provide discounts on fitness programs. Professional development will help the workers to up-skill and multi-skill. The company has 478 retail locations worldwide. With revenue increase of 8.14% in the forth quarter 2022, year on year to cumulative value of $394,328 millions, Apple Inc 's revenue per employee grew on trailing twelve months basis to a new company high of $ 2,682,503 . The firm should also provide both paid and unpaid off time. The employees both full-time and part-time are offered full-benefit medical cover. The employee data is based on information from people who have self-reported their past or current employments at Apple. Rewarding the staffs helps in adding the value of the workers within the entity and will help to raise the total annual revenue. The company aims to acquire and merge new entities to raise its competitive capacity. All the employees regardless of their position in the company have a high expectation of their salary. The appraisal system is also designed in such that it recognizes the contribution of each individual. There are many employees of other companies that support Apple, such as the 20,000 construction-related jobs that are In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. 23 million registered developers in more than 155 countries and regions make up Apples developer community. The company also ensures that the self-actualization needs of the employees are fulfilled (Scott et al. The company should ensure that the employees are entitled to a fixed pay; notably, this is the base payment of an employee. The employer should focus on the improvement of the wellbeing of the workers. Apple Inc. should evaluate the performance of the employees either annually, quarterly or semiannually to ensure that the employees adhere to the companys code of ethics. High salaries motivate workers to remain in their duties. Employees who experience domestic violence are less productive, and therefore their productive capacity is far much below the expected level. The firms finance Chief Luca Maestri indicated that the firm has a lot of opportunities and momentum to accelerate growth in the service sector. A plurality of of employees at Apple earn $100k-200k. All Rights Reserved. 40. The students can acquire skills which help to spur production within the organization (Giancola, 2009). 1. The variable payment is a one-time payment in the form of a bonus. The company has set in place a strong advertisement plan which will create awareness to the potential consumers. Apple Total Employees (Annual) View 4,000+ Financial Data Types: Add Browse Total Employees (Annual) Chart View Total Employees (Annual) for AAPL. Consequently, this is an indication that the companys innovation and creativity are stagnant. Apple Company Stats Industry Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment Founded 1976 Headquarters Cupertino, California Country United Employer Summary. Each year, employees can get a 25% discount on an iPod, iPad, or computer. Most Apple software can be purchased at a 50% discount, and AppleCare comes with a 25% discount. After 90 days on the job, employees can choose either $500 off the price of a Mac (excluding the Mini) or $250 off an iPad [this offer can be repeated every 3 years]. The firms use different strategies such as acquisitions and mergers, joint ventures, among other plans. Arguably, this is a challenge which may affect the firms income as well as consumer loyalty. The following 139 pages are in this category, out of 139 total. Consequently, this will give the employees with enough time for social activities. Giancola, F. L. (2009). A total reward system comprises of all the efforts that an employer can use in recruiting, motivating and keeping employees. Lastly, the firm should also offer long-term incentive pay- a variable payment which is aimed at rewarding employees for a period longer than one year. The firm satisfies the social needs of the employees by embracing teamwork environment where employees are able to interact. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The modern business world is shifting to a new model to give employees access to Apple products. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Apple. Best Practices from Cisco on Networking (PDF), Apple Business Manager Getting Started Guide(PDF), Employee Communications Kit for Mac (PDF). For Apple Inc. to remain competitive in the international market, a total reward program is efficient. 12% of employees at Apple have a master addiction counselor. Were slowly rolling out invites to our waitlist. These former employees revealed a little more of the innards of store operations and how certain products or services might, indeed, get special attention. A former senior store employee told me: "The frontline retail Apple employees aren't paid on commission or receive a bonus. Apple Financial Services is there to assist your procurement team and provide a range of flexible financing options. Apple is a male-dominated company. Employee benefits in a total rewards framework. Apple Inc. employs 115,000 employees worldwide, with most being in the U.S. Acquisition and mergers are meant to improve the companys asset position and also the reduction of potential competition. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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