This past Saturday, The New York Times ran an eyebrow-raising profile of Apple's retail business. A part of the paper's ongoing iEconomy series, the controversial story deals with the 30,000 of the 43,000 Apple employees in the United States who work in Apple Stores, as members of the service economy, many of them making just $25,000 a year.
And while Apple Stores almost double per-square-foot revenue compared to second-ranked Tiffany, Apple’s retail army remains long on loyalty but short on pay, the piece concludes. Those youthful faces that greet and service you at Apple's 327 global stores aren't in it for the money: a retail employee makes an average of $25,000 a year, but nets Apple approximately $473,000 annually.
That's why the company can get away with paying a modest hourly wage and no commission, offering no career path whatsoever. In fact, many former and current employees describe working for the man as a dead end. According to a new report, Apple is about to change this and has outlined a new career path initiative to employees in yesterday's Apple Retail quarterly meetings across the United States...
