293
Apple reduces raises given to retail employees after weak iPhone quarter
(appleinsider.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Sep 2023
293 points (95.1% liked)
Technology
55692 readers
2485 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
I love how the title is that they’re lowering raises after a bad quarter, but then say that they’re going back to their normal raise structure they have always had and that 2022 was a higher than normal raise year because they raised the minimum wage by 10% on top of higher raises due to higher inflation.
They didn’t lower the minimum raise retail employees can get, they just lowered the maximum raise they could.
The joke is that inflation raised way more than 10%
My company laid people off, froze everyone’s pay, announced _no raises or promotions this year _, and ceased all hiring and business travel.
Fuck, I would have loved a 10% raise.
Leave.
I’ve been trying for months. The hiring market is terrible right now. Very few jobs and many many laid off folks vying for them.
My only point: don’t shit on a 10% raise.
The other important part here is that inflation is lower this year than last. So the extra high raises last year may have helped keep up but aren’t needed as much.
As far as I can tell there’s no direct relationship between iPhone sales and the change in raises. If anything I’d expect low sales to lead to layoffs or closing stores.