A former executive at a financial intermediary says Apple may have been paying its workers the highest pay in the country.
Apple, a unit of Apple Inc., is a key driver of the U.S. economy, which has benefited from a boom in software and services from technology giants like Apple, Google and Facebook.
The company has said it has no plans to expand its workforce and has said the pay of its executives and executives in management positions should reflect their expertise and responsibility.
But the former executive said she believed Apple had been paying people at the expense of its workers.
A person familiar with the matter said the company was paying its top executives between $80,000 and $100,000 per year.
The person requested anonymity to discuss an ongoing personnel matter.
Apple said in a statement that it had “not been compensated in any way by the intermediary for any work performed on behalf of Apple” and said it had not used any funds to pay employees.
It did not disclose the salary figure or pay period.
Apple did not respond to a request for comment.
According to a 2015 study by the Center for Economic and Policy Research, U.T. has the second highest median pay in Silicon Valley at $92,831.
The median annual income for tech employees in the region is $68,974.
The study also said Apple pays employees about $2,000 more than its peers in San Jose, Calif., which has the nation’s highest median annual salary of $86,094.