Apple Retail Employees Getting Smaller Raises of Approximately 4% in 2023

Thursday September 21, 2023 3:09 pm PDT by Juli Clover

Apple's retail employees are receiving raises between two and five percent this year, which is a smaller pay increase than Apple provided during the pandemic, reports Bloomberg. Annual raises are at about four percent on average, with the increases applying to retail employees and AppleCare technical support employees.

apple store palo alto
Raises are provided alongside employee reviews, which are done in the fall. Last year, Apple was offering bigger raises of eight to 10 percent to combat labor shortages and employee unionization efforts, but as Bloomberg notes, unionization campaigns have not gained traction and wage growth in the United States is down.

Most of Apple's retail employees in the United States earn now $22 to $30 per hour, and are given restricted stock units valued at up to $2,000 annually.

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Top Rated Comments

NT1440

41 months ago

Apple should do better, but this is a systemic problem across the board. Layoffs in the name of “economic headwinds” (with record profits).

Corporations are trying to remind workers that us peons are under their thumb after we got a little high and mighty for their tastes during COVID.

Score: 35 Votes (Like | Disagree)

CapitalIdea

41 months ago

Well, that is consistent with the rate of inflation. But Apple can afford more I think.

I think you make too much money. Therefore I want some. Give it to me.

Score: 29 Votes (Like | Disagree)

tcphoto1

41 months ago

Tim is protecting Apple's Billions and his own hundreds of Million in salary, bonuses and stock options...

Score: 23 Votes (Like | Disagree)

seek3r

41 months ago

The CEO of a for-profit company prioritizing the financial health of the company itself as required by law for someone in his position? No way!

Now, explain to me, convincingly, why someone at the top end of the scale in the article deserves to make $62,400 annually for tapping on an iPad to ask someone in the back of the store to bring out the product I am picking up? And please justify it by also explaining why most of the time I end up knowing more about the product than they do. I worked retail as well, so any claims of elitism will be useless. I just want to know why people like yourself want to pretend these workers are out on street corners selling matchbooks to make ends meet.

Because they provide significant value for a massively valuable company, because people deserve living wages, and because cost of living makes that $60k not actually all that much money in at least most urban areas in the us.

Score: 22 Votes (Like | Disagree)