Apple Inc. (AAPL.O) announced on Wednesday that it had increased the hourly wages of its U.S. employees as a result of the tight labor market, increased unionization activities, and rising inflation.
According to Apple’s statement to Reuters, starting compensation for hourly employees in the United States will increase by 45 percent from 2018 levels to $22 or more, depending on the market.
“This year we are raising our overall compensation allocation as part of our yearly performance assessment process,” a business representative stated.
The Wall Street Journal was the first to disclose that Apple had informed some employees that their yearly reviews would be advanced by three months and that the higher remuneration would go into effect in early July.
Culminating in Cupertino, California. When several current and former Apple employees began criticizing the business’s working conditions online last year, the corporation was known for its reluctant culture of silence.
Workers at Apple’s Atlanta shop petitioned for a union election in April, hoping to become the company’s first U.S. store to unionize amid a wave of labor action at other large corporations.