Apple to hike salaries of its workers by 10 per cent 

Apple has said that it will increase the hourly pay of workers to atleast $22 dollars, which is 10 per cent more than what it was last year.

Apple is hiking salaries of its workers in the US by 10 per cent or more. The Cupertino-giant has said that it will increase the hourly pay of workers to atleast $22 dollars, which is 10 per cent more than what it was last year. Apple’s move to increase salaries comes after several workers complained about the working conditions. It is also the company’s fair attempt at dealing with inflation and a tight labor market.

“Supporting and retaining the best team members in the world enables us to deliver the best, most innovative, products and services for our customers. This year as part of our annual performance review process, we’re increasing our overall compensation budget,” an Apple spokesman told the Wall Street Journal. The pay hike is happening for the second time in a year, as Apple had previously hiked the salaries of its employees in February 2022.

Apple retail workers have started unionizing in small number of stores, demanding higher pay and added benefits including an increased vacation time and better retirement options.

Apple is now gearing towards annual performance-based pay increases for retail and corporate teams, according to an email to employees obtained by Bloomberg’s Mark Gumran. Apple is reportedly struggling to keep up with unionisation efforts in several parts of the US, including Georgia, Maryland, New York and Kentucky.

In a video message to its employees , Apple’s head of retail Deirdre O'Brien said, “We have a relationship that is based on an open and collaborative and direct engagement,” and “I worry about what it would mean to put another organization in the middle of our relationship”. He clearly stated that there could be downsides of joining a union.

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