Apple Employee Benefits Review: Are Their Careers Worth It?

Apple Employee Benefits Review: Are Their Careers Worth It?

Apple is a multinational company with headquarters in California. One of the Big Four tech companies, Apple has made history by becoming the first U.S. business to gain a market cap of $1 trillion. It is well-known for its hardware products, such as the iPhone, iPad, and Mac. More than 1.3 billion of the company’s products are actively in use across the globe. Apple also makes software, including operating systems, the Safari internet browser, and the iTunes media player. Apple’s iTunes Store is the biggest music retailer in the world.

The company is also one of the largest job creators in the U.S. In 2018, Apple employed 132,000 workers. According to Apple’s website, the company is responsible for creating two million jobs across the nation through suppliers and the App Store ecosystem. If you’re looking for Apple jobs, you might be wondering about the opportunities and benefits that are available.

Apple Employee Benefits Team

Deirdre O’Brien, Senior Vice President of Retail and People

O’Brien is responsible for the company’s retail stores, online shop, and staff. Before she was promoted to her current position, she oversaw all 132,000 Apple staff members as the Senior Vice President of People. She has been with Apple since 1988. She began working for the company immediately after earning her MBA at San Jose University. O’Brien has extensive training in operations but has been instrumental in handling sales details for quite some time. In her new role, she ensures that all employees nurture customer experience.

Find Deirdre O’Brien on:

Apple Leadership

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What Are Apple’s Employee Benefits?

Apple is well known for looking after its employees and providing them with unique employee benefits. Here are a few key perks Apple gives its employees to keep them satisfied.

Employee BenefitsDescription
Employee DiscountsAnnual discount of 25% off an iPad, iPod or laptop. Most software purchases are also discounted at 50% for employees.
Maternity LeaveAllows mothers to take up to 18 weeks of leave with full pay. They can also take an additional 6 weeks unpaid.
Commuting BenefitsShuttle service that runs to and from its Cupertino headquarters to parts of the Bay area.
Subsidized EateriesSfubsidized cafes that offer high-quality dining at a fraction of the regular price.
Free SnacksApple employees receive free apples while they are at work.
Donation-Matching ProgramMatches up to $25 per hour for the time that employees spend doing non-profit work.
Gym CreditApple has a fitness reimbursement of $300 for all employees.
Tuition ReimbursementApple covers up to $5,250 in tuition expenses per year for employees.
Paid Time OffEmployees receive 30 days of paid time off annually.
Work From HomeApple Employees have the option to work from home if they wish.
Company eventsApple holds great socail events for employees and occasionally bring in pop stars to hold concerts.
Stock Purchase ProgramApple employees can share in some of the company's success by signing up for their stock purchase program.
Job TrainingApple offers multiple training opportunities for staff.

What Employee Benefits Is Apple Known For?

Most people wonder if they can get discounts on Apple products when they work for the company. Employees receive enviable perks, including reduced prices on product purchases. Some of the benefits that Apple is known for include:

  • Employee discounts up to 25% off on Apple gadgets including iPad, laptop, and iPod.
  • Maternity leave is 18 weeks with full salary. Six more unpaid weeks, if needed.
  • Parental leave consists of 6 paid weeks.
  • The company offers a 50% 401 (k) match up to 6% of your salary.
  • A comprehensive medical plan with low copays and low premiums. Health care insurance includes Dental and Vision.
  • You can get commuter benefits. The company reimburses up to $100 per month.
  • Paid time off includes 12 to 22 days off, depending on your years of service.

Besides these benefits, Apple also has excellent commuting options. The company makes it easy for employees to commute to work. The company has a shuttle service that runs to and from its Cupertino headquarters to parts of the Bay area. 

Unlike some of the other big-name tech firms, Apple doesn’t give employees free food. But there are several subsidized cafes that offer high-quality dining at a fraction of the regular price. Employees can pay for food at the cafes through a payroll deduction plan, getting a tax break and saving some money. Some reports indicate that engineers get free dinners. Perhaps this isn’t the most enticing perk, but it’s quirky and fun. Employees can snack on apples for free.

Apple encourages employees to contribute to charities via its philanthropy program. It also matches up to $25 per hour for the time that employees spend doing non-profit work, up to $10,000 per staff member.

You can also enjoy discounts on gym and fitness centers. Apple offers a gym credit through its wellness program. The fitness reimbursement is reportedly $300 for all employees.

How Does Apple Help With Student Loans?

Student loan repayment assistance is a relatively new benefit that many companies are offering their employees. This helps the more than 43 million people who are working to pay down their student debt. Apple has jumped on this trend by offering a student loan refinancing program.

Apple also provides tuition reimbursement. The company covers up to $5,250 in tuition expenses per year as long as the employee maintains a certain grade point average. The contribution is tax-free.

Student loans are a massive financial burden for Americans who are sitting on a collective debt of $1.5 trillion. To pay off the loan, fresh graduates prefer an employer that provides student loan assistance. It has become one of the most sought-after benefits for job seekers. Employers also consider it their top priority to add student loan assistance programs to their benefits package.

The best way to offer the benefit is through FutureFuel. The platform offers employees an efficient way to manage their student loans through fully encrypted personal accounts. Employers can also have their own accounts from where they can contribute to their employees’ debts.

How Do Apple Employee Benefits Change for Different Jobs?

Apple claims that its benefit programs vary by country. Like most companies, Apple offers medical and dental coverage for full-time employees. It also partners with programs such as free therapy services, which can help employees who are struggling or experiencing hardship.

Most other benefits are offered across the board for Apple employees, including those that work at home through the At Home Advisor program. However, some of the perks are limited to the employees who work at the Apple campus in California.

Apple’s headquarters are known for offering their employees great food and other entertaining perks. The company holds beer bashes every month or so, inviting its employees to relax, mingle and enjoy free beer and appetizers. Big-name musical guests, such as Maroon 5 and One Republic, have made appearances at these gatherings. If you work at or near the headquarters, you can take part in these festivities.

The company also offers stock grants to all employees. Staff members can share in the company’s success with discounts on Apple stock purchases.

People who work at the Apple store can be trained on apps such as Final Cut. They can use that training to help customers and hold demos.

How Apple Improved Its Benefits Packages Overtime

The major tech companies are known for their exemplary employee perks. Apple is no different. The company needs to stay competitive to attract talent.

However, for decades, Steve Jobs avoided offering similar perks as competitors such as Google. Some reports claim that Jobs wanted his employees to understand the value and maintain a mature working environment. For that reason, Apple has never offered free meals to all employees.

But when Tim Cook took over as CEO in 2011, he wanted to make the company more employee-friendly.

In 2014, Apple overhauled the employee benefits packages significantly, offering:

  • Expanded educational aid, which is available to all employees and applies to courses that are related to any position at Apple, including language classes
  • Student loan refinancing for U.S. employees, which covers past and future expenses
  • Enhanced donation matching, which applies to Apple employees across the globe
  • Longer parental leave for full-time employees

Are Apple Careers Worth It?

According to reports, Apple employees are extremely loyal. It seems that a career at Apple is worth it even if their benefits package doesn’t rival some of the other big tech companies.

Apple is known for compensating its employees well. The stores pay better than many other retailers. Paid time off is plentiful. The stock options are generous. The company aims to create incredible experiences for its customers, and it knows that it must start with its employees.

Employees generally indicate that they’re happy with their compensation. They also cite the lack of micromanagement as a perk to Apple jobs.

Discover Apple Jobs and Careers

People who are interested in Apple careers should watch the company’s job openings. Available positions around the world are posted on the following sites.

Apple Job Search Function: You can search for positions all over the world using this feature. It helps to know the keyword of the job that you’re looking for. However, you can browse and refine jobs by location, team, products, and services or language skills.

LinkedIn: Search for jobs via LinkedIn, or create a job alert that lets you know when a position opens up that matches your qualifications.

Indeed: The Indeed job board allows you to look for positions at Apple and read more about what it’s like to work there. Indeed asks employees and former staff members to review the work environment, management, pay, and benefits. You can use the directory to search for jobs by title, keywords, and location.