updated 08:50 am EDT, Mon May 28, 2012
Raises up to five percent will hit three months early
As one his first public actions as Apple's head of retail, John Browett is advancing the timetable for rolling out Apple raises for its Apple Store employees by three months, with the raises now scheduled to kick in starting June 30 rather than the previously-planned September 30. The raises are in addition to new Mac and iPad discounts given to the employees earlier this year. Raises will be between one and five percent of current salary.
The raises are generally an annual event at Apple, but the June rollout is a one-time early raise that won't affect when the 2013 raises happen. Each store has been evaluated, and employees will then get a raise based on the store's performance between one and five percent.
Browett, who joined Apple from his CEO position at UK retailer Dixons, had previously sent employees an introductory letter earlier this month. He began the job formally at the end of April, following Apple Store creator Ron Johnson, who is now CEO of JC Penney. The news regarding the advance in raises was sent to stores by way of a video presentation.