Apple raises pay of many U.S. retail workers

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Apple raises pay of many U.S. retail workers



© 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.

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