Apple will raise salaries to retain its employees in a situation of inflation

by time news

The technology giant Apple will improve the salary of its workers to try to retain employeesin a context of great competition and inflation in which unionization efforts in other large companies such as Starbucks or Amazon are gaining momentum.

Support and retain 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, heThe technology company will raise the initial compensation of its workers to 22 dollars “or more” per hour in the United States, which represents, according to Apple, an increase in 45% of the initial remuneration 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 starting rates since 2018 and reflects our deep gratitude for the extraordinary work of our valued team members,” adds Apple.

Related news

The technology companies are immersed in a war to 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.

You may also like

Leave a Comment