Apple says it will raise pay for corporate and retail employees in tight labor market

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Apple says it will raise pay for corporate and retail employees in tight labor market
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Apple's move comes after Google, Amazon, and Microsoft have made changes to their compensation structures in recent weeks to pay workers more.

made changes to their compensation structures in recent weeks to pay workers more in a bid to retain and attract talent.

Apple will also raise the starting wage for its retail employees in the U.S. to $22 an hour, up from $20. Stores in certain regions may have higher starting pay, Apple said.

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