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Comment by andsoitis | Hacker News Reader

> It depends on how much profit the company makes and how much you bring in.

This is a fundamental misunderstanding of how (labor) markets work. A company doesn't exist in order to funnel all its profit to its workers. Labor is a market just like other inputs, in the sense that there is supply and demand, so compensation is a function of that, not how much profit a company makes.

> You know, of the "Apple employees get to do some really meaningful and impactful work" variety...

To imply to someone who chooses to be at Apple over a place like Amazon or Meta (or non-tech company) that they are delusional and that their work is meaningless and has zero impact in this world is truly and utterly insulting.

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>This is a fundamental misunderstanding of how (labor) markets work

No, it usually is a disagreement on how they should work (usually with the conventional way presented as some inviolatable physical law).

But that's irrelevant, as I wasn't aiming to critique labor markers and capitalism in the comment, or say that a "company exists in order to funnel all its profit to its workers".

That whatever they pay will be shaped by supply and demand and acceptable to people in the job market looking for a job is a given, a tautology actually.

Still, how well a company pays depends on how much of its profit it gives away. That whatever it does end paying will be ammenable to "supply and demand" doesn't mean there aren't companies paying well above market value for the same roles as others who pay less - even if the former don't need to do that to get employees.

> doesn't mean there aren't companies paying well above market value for the same roles as others

Who are some of the companies that pay well above market value? I’m sure many engineers who have been laid off would appreciate the tip!

These companies often have a lower turnover and are therefore harder to get a job at.

> These companies

What is an example of such a company? I.e. one that pays well above market rate for a similar job at Apple? Bonus points if the culture, working conditions, etc. are on par or better.

What do you actually know about Apple's internal culture, or working conditions?

I’m still waiting to hear who these magical companies who pay well above market comp!

I'm not the person you were asking, but levels.fyi is a good resource fyi:

https://www.levels.fyi/2022/

Again, what do you know about Apple's internal culture? Have you actually worked there, or known anyone who has?

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