Back from the holidays, Apple has just filed a preliminary proxy statement with the SEC today in preparation for its annual shareholder meeting in 2013. It’s filled with a lot of insight into the inner workings of our favorite company, and while the biggest news is probably Tim Cook’s remuneration for 2012, there are also other interesting tidbits, including Apple’s resistance to the idea of the appointment of a Board Committe on Human Rights, and the fact that Scott Forstall’s departure lead to a pay raise for the rest of Apple’s executive team.
Excessive Work Hours No More: Apple Says 97 Percent Of Its Supply Chain Workers Only Work 60 Hour Weeks
While we all know that most consumer electronics are manufactured in places like China, Apple has become the public face of the current practice. While the company continues to rake in huge profits from their iPhone and iPad devices, there has been much finger-pointing in Apple’s direction when unfair and degrading labor practices in manufacturing plants in China, like Foxconn, are brought to the forefront in Western media.
Apple seems pretty aware that it’s fighting this public relations battle on their own. The company’s Labor and Human Rights webpage has just been updated to include data on how many hours per week the 800,000 production workers in their supply chain have to work.