Canada markets closed
  • S&P/TSX

    21,125.90
    -487.28 (-2.25%)
     
  • S&P 500

    4,594.62
    -106.84 (-2.27%)
     
  • DOW

    34,899.34
    -905.04 (-2.53%)
     
  • CAD/USD

    0.7816
    -0.0089 (-1.12%)
     
  • CRUDE OIL

    68.15
    -10.24 (-13.06%)
     
  • BTC-CAD

    69,513.07
    -460.23 (-0.66%)
     
  • CMC Crypto 200

    1,365.60
    -89.82 (-6.17%)
     
  • GOLD FUTURES

    1,788.10
    +1.20 (+0.07%)
     
  • RUSSELL 2000

    2,245.94
    -85.52 (-3.67%)
     
  • 10-Yr Bond

    1.4820
    -0.1630 (-9.91%)
     
  • NASDAQ

    15,491.66
    -353.57 (-2.23%)
     
  • VOLATILITY

    28.62
    +10.04 (+54.04%)
     
  • FTSE

    7,044.03
    -266.34 (-3.64%)
     
  • NIKKEI 225

    28,751.62
    -747.66 (-2.53%)
     
  • CAD/EUR

    0.6901
    -0.0147 (-2.09%)
     

Apple to pay bonuses of up to $1,000 to store employees - Bloomberg News

·1 min read
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in New York, U.S.

(Reuters) - Apple Inc will pay one-time bonuses of as much as $1,000 to store employees next month, Bloomberg News reported on Wednesday, citing people familiar with the matter.

The company will give out $1,000 to retail staff hired before Mar. 31, while those who joined later will get $500, the report said.

New employees for the holiday shopping season will receive $200 and bonuses will also be handed out to AppleCare and online sales staff, the report added.

Apple did not immediately respond to a Reuters request for comment.

The company's retail chief told Reuters in June that Apple was expanding its retail operations, betting that a combination of strategies developed before and during COVID-19 will make its stores more popular than ever. (https://reut.rs/3EKndyI)

(Reporting by Chavi Mehta in Bengaluru; editing by Krishna Chandra Eluri and Anil D'Silva)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting