(CNN Spanish) — Apple ad that will increase the starting wage of American employees to $22 an hour, which is a 45% increase over 2018 levels. How does this figure compare to pay at some of the nation’s largest employers?
Before looking at the figures, a necessary clarification: salaries and benefits are increasing rapidly in the United States, as employers try to fill vacant positions and retain staff, but this does not imply that the purchasing power of people is growing because the increases unable to cope with inflation.
In fact, wages and benefits for civilian workers fell 3.7% in the last 12 months ending in March when computing inflation, according to the Cost of Employment Index report released in April.
This was the largest decline since the Bureau of Labor Statistics began keeping inflation-adjusted records in 2001.
Here’s a breakdown of what some big employers pay.
Amazon
Amazon’s minimum starting salary was set at $15 for September 2021, when the company announced that it planned to hire 125,000 permanent warehouse and logistics workers at higher pay: more than $18 on average.
The company also took steps to retain its talent in the highest-skilled jobs. In February, Amazon announced an increase in salary caps for its technology and corporate staff in the United States. from $ 160,000 a year to $ 350,000.
McDonald’s
A year ago, McDonald’s also announced an increase in hourly wages at its US restaurants, which meant that starting pay would go to a minimum of $11 to $17 an hour, and the starting range for managers of turn to a minimum of US$ 15 to US$ 20 dollars, depending on where the establishment is located.
Starbucks
Starbucks ad from 2020 improvements in their salaries. In December of that year, he promised to secure a floor of US$15 an hour and, by the summer of 2022, he promised that baristas would charge from US$15 to US$23 per hour, depending on the market and the permanence. .
By the summer of this year, his goal is for his median wage in the country to be nearly $17 an hour.
Earlier this month, the network’s interim CEO, Howard Schultz, said there will be new raises but they won’t necessarily apply. in places where workers are unionized.
Walmart
Walmart, the largest retailer in the United States, said in September that its workers who handle the front of the store, food and general merchandise units, will receive a raise of at least a dollar an hour, for a payment of US$ 12. The salary improvement would cover 565,000 workers
The average salary in companyas reported at the time, was $15.25 an hour.
CVS
Target
The minimum wage of Target is $15 an hour as of 2020, though the company announced this year that it would raise the starting pay for certain positions to as much as $24 an hour.
Bank of America
US$21 per hour is the minimum wage at Bank of America, which expects to reach US$25 by 2025, as announced in october of 2021.
How does it compare to the federal and state minimums?
The federal minimum is $7.25 per hour since 2009. The figure is not adjusted automatically, but requires Congress to pass and the president to sign a law to that effect. This period since 2009 is the longest that American workers have gone without a federally mandated wage increase.
A total of 30 states plus the city of Washington (District of Columbia) have laws that establish minimum wages higher than the federal one, set at US$7.25 per hour, according to information from the Department of Labor updated to January 2022.
You can see here the states with best lows.
With reporting from Archyde.com and CNN’s Nathaniel Meyersohn, Brian Fung, Danielle Wiener-Bronner, Tami Luhby and Paul R. La Monica.