Walmart to hike wages for 425,000 workers to average above $15 an hour


A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020.

Eduardo Munoz | Reuters

Walmart announced Thursday it will give 425,000 employees a raise, a move that will increase its average pay to above $15 an hour.

The discounter is the country’s largest private employer with a U.S. workforce of 1.5 million people. Its minimum starting wage will remain $11 an hour. Starting March 13, the company said it will pay store workers who stock shelves or support its e-commerce business $13 to $19 an hour, depending on their role and store location.

In an interview with CNBC’s Courtney Reagan on “Squawk Alley,” Walmart CEO Doug…


Food and its packaging are highly unlikely to transmit virus

Previous article

Biden team offers to restart talks with Iran on nuclear deal

Next article

You may also like

Leave a Reply

Notify of

More in Retail