Apple raises salaries to retain its employees in the US

Apple will raise the initial compensation of its workers in the United States to USD 22 “or more” an hour. Photo: EFE

the tech giant Apple will improve your salary workers to try to retain them, in a context of great competition and rampant inflationn where unionization efforts at other big companies like Starbucks or Amazon are gaining momentum. This is how the international media make it known this Friday, May 27, 2022.

“Support and to hold back to the best team members in the world allows us to offer the best and most innovative products and services for our customers. This year, as part of our annual performance review process, we are increasing our general compensation budget,” the company wrote in a statement sent to EFE.

Specifically, the technology will raise USD 22 “or more” the hour the initial remuneration of its workers in USAwhich represents, according to Apple, a 45% increase in starting compensation compared to 2018.

“As part of our commitment, we are increasing the starting rate for US team members to $22 an hour or more, depending on the market. This represents a 45% increase in introductory rates since 2018 and reflects our deep gratitude for the extraordinary work of our valued team members,” adds Apple.

Apple seeks to attract talent

The technology companies are immersed in a war for attract talent in a situation of high inflation; back to the offices, which many workers reject, and with trade unionism gaining support among employees.

The Labor Department reported last month that US private companies and public employers spent 4.5% more on labor costs in the first three months of the year, the fastest increase since 2001 and above the annual growth of 4.0% registered in the last quarter of last year.

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Posted by Trade on Thursday, May 26, 2022

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