Apple is one of the 100 best companies in the world to work for according to the latest ranking prepared by Glassdoor. Getting a job is extremely complicated. There are even those who say that an interview at Apple It has a lower admission rate than universities like Harvard or Cambridgebeing around 0.5%.
Those from Cupertino have a reputation for paying well, but evidently the remuneration is not the same in all countries in the world. It depends on the cost of living and many other factors. In fact, Knowing the average salary of a company employee in a country tells us many things about them..
How much Apple pays its employees in Spain and the United States
Let’s compare the average salaries in two cities: Madrid and Cupertinoalso taking into account the cost of living in both, and with this we will get a good idea of what the quality of life is in each one and we will reach the conclusion if, having the two job offers on the table, we It is worth crossing the pond or staying here.
According to Glassdoor, a Manager at Apple working in Madrid earns around 60,000 euros gross per year, depending on the annual bonus. If we subtract 14,958 euros in personal income tax, and 3,101.40 euros in social security contributions, we are left with a net annual salary of 41,940.60, which is distributed over 14 payments and becomes 2,978 euros per month, with two extraordinary ones of 3,217.30 euros.
Yes, an Apple worker earns four times more in California than in Spain
The Manager position in Cupertino is remunerated with an average, according to Indeed, of 195,332.74 euros. About four times more than in Spain. Now, that’s raw. Once the federal tax of 22.67%, the state tax of 7.49% and a withholding of 6.34% have been applied, There remains a net monthly salary of 10,335.45 euros. It may seem like a lot, but we have to keep in mind that Cupertino is one of the most expensive cities to live in the entire US and the world.
Comparison: curiously less is more
If we tried to live in the same conditions in both cities, the difference would not be as much as it might seem at first. Let’s start with Cupertino. To do this, we will not use the mean, but the median, which is more accurate in situations where there are extreme numbers for the upper part and for the lower part, as is the case.
Using this measure, we see that according to Payscale, the rent would cost us about 6,922.87 euros, the electricity, water and gas services 177.02, the mobile phone and Wi-Fi connection 190.43. We would spend 547.56 euros on food and 70.61 on transportation. Standard health insurance is usually around 498.70 euros. To this we would have to add leisure and other expenses, but living “well” in Cupertino has a total monthly cost of 8,407.19 euros. 81.34% of the net salary of a Manager at Apple.
Let’s now talk about Madrid. Renting an equivalent apartment in the city center It has an average cost of 1,878 euros. Electricity, water and gas generate an approximate expense of 141 euros. The telephone and Wi-Fi connection cost us an average of 32 euros. We would have to invest 250 euros on food, and on transportation we pay an average of 267 euros.
We do not include health insurance because the situation in the US makes it almost mandatory to contract it, and not in Spain, although they are considerably cheaper here. The total would be 2566 euros. That is to say. 86.17% of the monthly net salary, although if we count the two extra payments of 3,217.30 euros That percentage becomes smaller than that of Cupertino. We won in Spain. We see it better in a table.
|
Madrid |
cupertino |
|
|---|---|---|
|
rent |
1,878 euros |
6,922.87 euros |
|
Bills |
141 euros |
177.02 euros |
|
Internet |
32 euros |
190.43 euros |
|
Meal |
250 euros |
547.56 euros |
|
transport |
267 euros |
70.61 euros |
|
Health |
0 euros (not necessary) |
498.70 euros |
|
Monthly net salary |
3,217.30 euros (14 payments) |
10,335.45 euros (12 payments) |
|
PERCENTAGE OF EXPENSES OVER SALARY |
79.82% |
81.3% |
Earning more does not mean living better, as we have just seen. In fact The level of quality of life in Cupertino is lower than that of Madrid or Barcelona. It reaches the point that the majority of residents of the area, as reported Cupertino Todayare not satisfied with their quality of life, which they consider bad.
Apple job offers, which are offered in most countries around the world, They tell us a lot about the cost of living in the city and the quality of life we can expect. In those places where you pay more, living is expensive, and life is not so good — that high salary is also there to compensate for the situation. Would you go to work in Cupertino?
Cover image | Manzana