Apple raises retail hourly starting salary to $22 amid labor challenges
Apple is increasing the amount it pays its retail and corporate employees as it contends with a tight labor market, unionization pushes, and high inflation levels, CNBC and the Wall Street Journal are reporting. The starting hourly rate for retail workers is increasing from $20 to $22 per hour — though some regions will start higher — and starting salaries are also reportedly increasing.
“Supporting and retaining the best team members in the world enables us to deliver the best, most innovative, products and services for our customers,” an Apple spokesperson told the Wall Street Journal in a statement. “This year as part of our annual performance review process, we’re increasing our overall compensation budget.”
The increase was announced just weeks after an Apple store in Maryland became the third retail location in the US announced plans to unionize, following efforts at stores in Georgia and New York. The company pushed back against these efforts in an internal video in which vice president of people and retail Deirdre O’Brien said “I worry about what it would mean to put another organization in the middle of our relationship.”
As CNBC notes, a combination of a low 3.6 percent unemployment rate and a high inflation rate of 8.3 percent in April, is pushing employees in all sectors to shop around. For higher-paid tech workers, compensation has also been squeezed by falling share prices that impact stock awards, while other tech giants like Microsoft, Amazon, and Google are making similar efforts to woo these employees.
Elsewhere, Apple employees have pushed back against the company’s efforts to bring its workers back into the office. But after recent surges in COVID-19 cases and hospitalization rates the company has slowed its return to the office, and asked employees to go back to wearing masks when away from their personal workspaces.
Apple is increasing the amount it pays its retail and corporate employees as it contends with a tight labor market, unionization pushes, and high inflation levels, CNBC and the Wall Street Journal are reporting. The starting hourly rate for retail workers is increasing from $20 to $22 per hour —…
Recent Posts
- Nearly half of all Steam users are using Windows 11 — but why?
- Luminar, maker of lidar for autonomous driving, lays off 20 percent of its workforce
- Environmental journalism is under attack
- This sinister Omen gaming PC build just might keep you up at night
- More details emerge about Apple’s plans for AI in iOS 18
Archives
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- December 2011