What you need to know
- Apple Store employees in the United States are getting raises.
- Employees are getting raises between 2% to 10% depending on location and role.
- The company is responding to a tightening job market.
A lot of Apple Store employees in the United States are getting a bigger paycheck.
As reported by Bloomberg, the company is increasing pay for "many" of its retail employees in the country as a response to a "tightening labor market, inflation woes and complaints from some staffers about working conditions during the Covid-19 pandemic." According to the report, raises range from anywhere between 2% to 10% depending on the employee's location and role.
The iPhone maker announced the pay increases this week during store briefings and individual meetings with employees, according to people with knowledge of the matter. The increases are catered at least in part to employees who have worked at the company prior to the pandemic's start in 2020 and are designed to better align veteran staff with more recent hires.The raises, which have ranged from 2% to 10% depending on store location and role, are going to salespeople, Genius Bar technical support staff and some senior hourly workers, said the people, who asked not to be identified because the matter is private. The increases don't apply to all employees, and not all stores have been notified of the changes yet.
Bloomberg says that the pay raises will not replace employees' annual review compensation conversations and instead serve as a one-time adjustment to better align employee compensation with market demands.
With the new raises, one salesperson saw compensation rise by about $2 to $25 an hour. Another worker who handles repairs saw an increase of about $3 to $24 per hour.
Apple has been throwing more money at employees throughout the pandemic. Back in September, the company paid out a one-time $1000 bonus to retail employees as a thank you for their work over the pandemic. In an effort to retain high-level corporate employees, the company paid out as much as $185,000 to some high-level executives.
