this post was submitted on 12 Jan 2024
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Apple CEO Tim Cook's total pay drops to $63 million for 2023.::Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. Notably,...

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[–] Ghyste 50 points 11 months ago (1 children)

Poor bastard. It's going to be a challenge living on an eight digit salary, making more in half a day than I do in a year...

[–] [email protected] 10 points 11 months ago (1 children)

a year? i don't make that much in 10!

i could live a whole long life with what this guy makes in a week.

[–] [email protected] 16 points 11 months ago (1 children)

You make less than 9k a year? Are you a teenager, or living in a low cost country?

[–] [email protected] 12 points 11 months ago (2 children)

I tend to exaggerate, but my actual income is just under €12,000 a year. Adult german but can't work full time for health reasons. But even with a average income here you would rarely go over 25.000€, which is still a joke in comparison what this guy makes.

[–] [email protected] 7 points 11 months ago (1 children)

The average annual wage in Germany is 45k

[–] [email protected] 10 points 11 months ago* (last edited 11 months ago) (1 children)

thats gross salary. i mean net salary.

[–] [email protected] 2 points 11 months ago (1 children)

Holy shit you guys pay a lot of taxes.

[–] [email protected] 11 points 11 months ago (2 children)

yeah, but to be fair, we get a lot of free shit for it.

[–] [email protected] 3 points 11 months ago

* already paid for shit

[–] [email protected] 1 points 11 months ago

True. I grew up in the Netherlands where things are similar but now live in New Zealand. The highest tax bracket in NZ is the lowest tax bracket in the Netherlands.

It will be very difficult for me to go back and pay huge taxes again, knowing that despite the taxes healthcare isn't free there and corporations getting so many tax incentives. it feels like the burden is unfairly placed on individuals.