Apple Inc is elevating the pay of many US retail staff efficient this month, Bloomberg News reported on Friday.
The hikes vary from 2% to 10% relying on retailer location and position, and can go to gross sales workers, together with Genius Bar technical workers and a few senior hourly employees, the report mentioned.
The raises don’t apply to all staff, 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 widespread than ever.
Last 12 months, it reportedly paid one-time bonuses of as a lot as $1,000 to retailer staff 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 almost $100 million because of inventory awards, or about 1,447 occasions that of the typical worker.
Read all of the Latest News, Breaking News and Coronavirus News right here.