Retail

Under Armour to raise hourly wages for 8,000 retail, distribution jobs

0


Shoppers pass an Under Armour store in White Plains, New York.

Scott Mlyn | CNBC

Under Armour announced Wednesday it is raising wages for hourly retail workers to $15 in the United States and Canada, impacting more than 8,000 jobs.

The increases, which could be as much as 50% for some workers, will be effective June 6.

The part- and full-time employees who will see a compensation bump represent about 90% of the company’s retail and distribution workforce.

Under Armour has more than 3,000 roles currently open, in stores and in distribution centers, that it is looking to fill. These positions will all start at the new wage, the company said.

The pay increase marks the first of a number of…



Source cnbc.com

JetBlue to begin service to London with flights starting Aug. 11

Previous article

Trader predicts further market rotation

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail