Oh, Apple, That Thing You Do (Part I) - The Mac Observer

Apple's generally doesn't give people raises because most employees are so happy to be working for Apple -- and fearful of being fired by Mr. Jobs -- they don't worry about raises. However, small bonuses are given for great work. Also, the giddiness over receiving a free iPhone can fold under the pressure of the spouse pointing out that a 3 percent raise for most is worth many, many iPhones and pays the household bills.

I wonder how true this statement is. How can any successful company in this day-and-age treat their employees like this? And, if it is true, why haven't we seen a decline is Apple's quality? The quality seems to have gone up.