Apple boost starting pay for US workers to $22 per hour


The starting pay for the company’s US team members will rise to $22 per hour, or higher based upon the market, a 45% jump from 2018 levels, Apple (AAPL) said in a statement to Reuters.

“This year as part of our annual performance review process, we’re increasing our overall compensation budget,” a company spokesperson said.

Apple has informed some workers their annual reviews would be advanced by three months and the new pay will take effect in early July, the Wall Street Journal, which first reported the changes in compensation, said.

Apple delays plan for Bay Area workers to be in office three days a week

Apple did not immediately respond to a request for further details on the compensation changes.

Cupertino, California-based Apple is known for its reticent culture, but last year some current and former workers began criticizing the company’s working conditions online.

In April, workers at Apple’s Atlanta store filed a petition to hold a union election, seeking to become the company’s first US store to unionize amid a wave of labor activity at other major firms.

Google (GOOGL) and Microsoft (MSFT) are among other tech companies that have revised performance reviews or adjusted pay this year as they fight to retain workers.



Source link

Previous articleRadical New Apple Watch Design Reveals Appleā€™s Unsettling Camera Concept
Next articleApple’s iTunes Pass is now rebranded as ‘Apple Account Card’ for iOS 15.5 users