Business Standard

Apple's Tim Cook paid over 1,400 times the average worker in 2021

Cook, whose salary remained at $3 mn, received $82.3 mn in stock awards, $12 mn for hitting Apple's targets and $1.4 mn for air travel, 401(k) plan, insurance premiums and others

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Apple CEO Tim Cook | Photo: Reuters

Reuters
Apple Inc boss Tim Cook's pay in 2021 was 1,447 times that of the average employee at the tech giant, a filing on Thursday showed, fueled by stock awards that helped him earn a total of nearly $100 million.

In 2021, the median pay for employees was $68,254, Apple said, adding it had selected a new median employee for comparison due to changes in hiring and compensation.

The median pay in 2020 was $57,783 and the pay ratio was 256 times Cook's salary.

The iPhone maker has benefited from strong demand for its products and services over the past two

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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