Apple will boost the beginning wage for its US employees, the iPhone manufacturer announced on Wednesday,
as corporations face a tight labor market and a surge in unionization attempts as inflation rises.
Apple (AAPL) stated in a statement to Reuters that beginning compensation for the company's US team members will grow to $22 per hour,
or higher depending on the market, a 45 percent increase from 2018.
"We're raising our total pay allocation this year as part of our yearly performance assessment process," a business representative stated.
According to the Wall Street Journal, which first reported the changes in remuneration,
Apple notified certain employees that their yearly evaluations would be advanced by three months, and the new pay would begin in early July.