Tim Cook earned 1,447 times more than average employee of iPhone maker last year
Apple CEO Tim Cook holds an iPhone 13 Pro Max and Apple Watch Series 7 during a broadcast staged to launch new products on Sept 14 last year. (Apple Handout via Reuters)
Apple Inc boss Tim Cook earned 1,447 times more than the average employee at the tech giant, a filing with US market regulators shows, fuelled by stock awards that helped him earn a total of nearly US$100 million.
In 2021, the median pay for employees was $68,254, Apple said in a report to the US Securities and Exchange Commission, adding that it had selected a new median employee for comparison due to changes in hiring and compensation.
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