The New York Times had a fascinating article today on the discrepancy between how much money Apple stores make and how little of that profit goes back to rewarding its retail employees. One of the most interesting questions posed was why Americans despise Walmart for paying low wages to its retail employees but don’t feel the same way towards Apple.
As MIT Professor Paul Osterman says in the article:
“It’s interesting to ask why we find it offensive that Wal-Mart pays a single mother $9 an hour, but we don’t find it offensive that Apple pays a young man $12 an hour.”
I’d guess that there are two reasons why we feel this way:
- Apple Employees Have More Choice
- Apple and Walmart Choose Different Types of People as Employees
1. Apple Employees Have More Choice
Inherent in our condemnation of Walmart’s low wages is that [Read more…]