[ChrisS]

Slashdots Oren Hurvitz surveyed and discovered that Apple underpays its engineers relative to the market price. The post asks, “Will Apple have to raise salaries to match the market rate, or face defections?”

Cnet's Matt Asay says, essentially, "nah." Apple's high stock price and options benefits are likely a reason many engineers are staying. Plus, he asks, "where are these developers going to go?" The coming [staying? already-here? -- ed.] recession and a sagging employment market aren't going to make it easy for engineers to find higher-paid jobs elsewhere in the Valley.

Interesting read. Learn more about it here.

[Via tuaw]