Apple University professor could buy a lot of iPhones on $1.7 million salary

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Yep, Apple's pretty darn valuable.
Turns out there's money to be made at Apple.
Photo: Cult of Mac

Like everything else Apple does, its top-notch Apple University internal business training center doesn’t exactly scrimp when it comes to paying its employees.

According to a new report, Apple University faculty member James Phills — formerly a professor at Stanford University and Yale School of Management — makes upwards of $1.7 million per year teaching business skills to Apple employees.

Nice work if you can get it, right?

Phills joined Apple in April 2012, and took home $769,000 that year, $1.2 million in 2013, and $1.7 million in 2014.

His salary was revealed as part of a somewhat ugly story involving Phills’ former boss, Stanford Dean Garth Saloner, who allegedly had an affair with Phills’ ex-wife. Phills’ earnings were noted in divorce papers.

Apple worked tirelessly to set up Apple University shortly during the last few years of Steve Jobs’ life. As one former Apple exec noted at the time:

“The idea was to take what is unique about Apple and create a forum that can impart that DNA to future generations of Apple employees. No other company has a university charged with probing so deeply into the roots of what makes the company so successful.”

Apple University’s “university-caliber” courses focus on the teaching of skills including accountability, attention to detail, perfectionism, simplicity, and secrecy. For a rare inside peak at the facility check out this 2014 article from the New York Tines.

Other renowned professors at the training center include its director, Mike Asercion, who joined after working at Apple as a senior organizational development consultant; Apple’s former senior HR director Tami Rosen; ex-Yale and Harvard faculty Joel Podolny, who serves as dean of Apple University; former Harvard Business School faculty Richard Tedlow; and ex-Pixar University dean Randy Nelson.

With a staff like that, is it any wonder that they’d be well-compensated? Hey, if Apple’s current run of success is anything to go by, they’re worth every penny.

Source: Bizjournals

Via: Apple Insider