Apple raises pay of many U.S. retail workers

Date:



© Reuters. FILE PHOTO: The Apple Inc brand is seen hanging on the entrance to the Apple retailer on fifth Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar

(Reuters) – Apple Inc (NASDAQ:) is elevating the pay of many U.S. retail workers efficient this month, Bloomberg Information reported on Friday.

The hikes vary from 2% to 10% relying on retailer location and function, and can go to gross sales employees, together with Genius Bar technical employees and a few senior hourly staff, the report mentioned.

The raises don’t apply to all workers, the report added.

Apple is increasing its retail operations, betting {that a} mixture of methods developed earlier than and through COVID-19 will make its shops extra common than ever.

Final yr, it reportedly paid one-time bonuses of as a lot as $1,000 to retailer workers forward of the busy vacation season.

Apple didn’t instantly reply to a Reuters request for remark.

The pay of its chief govt, Tim Prepare dinner, in 2021 was practically $100 million due to inventory awards, or about 1,447 instances that of the typical worker.

Disclaimer: Fusion Media wish to remind you that the info contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs aren’t offered by exchanges however reasonably by market makers, and so costs is probably not correct and should differ from the precise market value, which means costs are indicative and never applicable for buying and selling functions. Subsequently Fusion Media doesn`t bear any duty for any buying and selling losses you would possibly incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding types potential.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Strengthening Your GreenGeeks Account with 2FA and Sensible Practices

Each October, Cyber Safety Consciousness Month serves as...

How Small Companies Clear up Actual-World Issues with Jim Seaside » Succeed As Your Personal Boss

On this episode, Melinda Emerson welcomes Jim Seaside...

The 5 Finest AI Checker Instruments for Writers, Educators, and Entrepreneurs | by Anangsha Alammyan | The Startup | Oct, 2025

Incessantly Requested Questions1. What's an AI authenticity checker?AI...

What’s New at Cover: Fall 2025

The Previous 6 Months Over the previous six months,...