Apple Retail Store employees may be getting a raise of up to 25 percent, or perhaps a bit more, after an internal report indicated wages as a common complaint.
Store employees must constantly shift inventory from storage into the right shelves to meet demand, which fluctuates constantly.
The initial report came from a Dow Jones report but we have confirmed this independently.
The size of the raise is going to depend completely on the market, so employees in New York City would get more than those in a smaller midwest market.
The Dow Jones report corroborates this, outlining face to face meetings with managers that began last week, where employees were informed of the raise.
The report says that a review of employees revealed that wages were their biggest complaint:The overwhelming staff complaint during an internal review was wage levels, one employee said.
Higher level retail staff, such as its Genius tech support teams and Creative educational teams were among the most frustrated, this person said.
Higher level retailstaff, such as its “Genius” tech support teams and “Creative” educational teams were among the most frustrated, thisperson said.
At one store, another employee noted, a nearby competing Microsoft Corp.
(MSFT) retail shop had begun poaching employees by offering promotions and higher wages.
However, mobile devices can also give store employees access to information that customers do not have.
Very experienced Genius staffers in big markets like New York may be paid up to the $30 range or so, but thats very high.
As many as 80 future stores have been partially confirmed as in the planning or building stages.
Apple Retail Stores currently generate over $4,000 per square foot, the most of any retail store.
Sam Connelly is a business journalist based in Dublin, Ireland. Sam has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Sam spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.
