Apple raises retail hourly starting salary to $22 amid labor challenges
Posted On May 26, 2022
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, CNBCand 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.”