Apple to boost retail and corporate pay in face of inflation

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Apple to boost retail and corporate pay in face of inflation
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The company is hiking retail workers' pay to at least $22 an hour. Keeping workers happy has become harder at a time of inflation and a resurgent pandemic.

Employers in California and the U.S. are scrambling to fill jobs as the dust from the pandemic begins to settle. Just don’t call it a labor shortage.in many states. The company’s retail chief, Deirdre O’Brien, recently warned employees about taking such a step.

Companies often announce improvements while battling unionization campaigns, but doing so may interfere with employees’ free choice, Seattle University labor law professor Charlotte Garden said. In the corporate world, Apple is facing angst from some employees over falling share prices. Competitors such as Microsoft Corp. and Meta Platforms Inc., meanwhile, are trying to poach workers with strong compensation packages.Votes tallied Tuesday at two Starbucks stores in Santa Cruz brought a growing union movement at the coffee giant to California.

Inflation is playing a role in driving up pay expectations as well, with U.S. consumer prices rising at an annual rate of 8.3% in April, according to government data released Wednesday.

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