Apple raises pay of many U.S. retail employees – Bloomberg News

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

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

The raises don’t apply to all employees, 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 fashionable than ever.

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

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

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

(Reporting by Yuvraj Malik in Bengaluru; Editing by Sandra Maler)



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