Labor Market Is Tight, Apple Raises Employee Salary Budget

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According to the Wall Street Journal, apple is raising workers' wages amid rising inflation, tight labor market and the promotion of hourly workers' unions. The iPhone maker reportedly told employees in an email on Wednesday that it was increasing its overall salary budget. The starting salary of hourly workers in the United States will rise to $22 or more per hour, an increase of 45% over 2018. Starting salaries for us employees are also expected to rise.

According to reports, in April this year, New York City Central Station Apple store work Apple Employees strive to form trade unions. Their first appeal is to receive at least $30 (about 191.4 yuan) per hour and other benefits.

In addition, according to the documents submitted by major companies to the securities and Exchange Commission (SEC), Google employees earned the highest income of all large technology companies last year, with an average annual salary of $295884, followed by Facebook and twitter.

In contrast, the average salary of American teachers last year was $65000 and the average income of nurses was $77000. It can be seen that the income of most employees in any large technology company is much higher than that in other industries. But the wages of ordinary employees of apple and Amazon are closer to the overall level of the market. Although apple and Amazon are among the five companies with the largest market capitalization in the world, because most of the employees of these two companies are mainly engaged in retail and logistics business, the average salary of employees last year was lower than that of other technology companies. The average salary of Apple employees is $68254 and that of Amazon employees is $32855.

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