Apple set to raise the starting pay for its U.S. employees, the iPhone maker said on Wednesday, as companies face a tight labor market and a surge in unionization efforts amid rising inflation.
The starting pay for the company’s U.S. team members will rise to $22 per hour, or higher based upon the market, a 45% jump from 2018 levels, Apple said in a statement to Reuters.
“This year as part of our annual performance review process, we’re increasing our overall compensation budget,” a company spokesperson said.
Apple did not immediately respond to a request for further details on the compensation changes.
Cupertino, California-based Apple is known for its reticent culture, but last year some current and former workers began criticizing the company’s working conditions online.