A whole $11/hr. My god! Can Walmart afford that?Walmart is boosting starting wages, providing a one-time bonus for employees and expanding benefits, the company said in a press release on Thursday, citing the tax cuts signed into law by President Trump last year. The plan benefits more than a million employees, the company told Axios.
The bonus is based on length of service, with those who've worked 20 years eligible for $1,000. The company, which is the largest private employer in the U.S. and employs roughly 2.2 million people worldwide, is also raising its starting wage to $11 an hour. The current starting wage for store associates is $9 an hour.
Axios
I wonder if they'll be providing some full-time positions with benefits. Okay, that's over the top.
...but hey, do what you want...you will anyway.
UPDATE:
They're shutting down a bunch of Sam's Stores, too. That should help offset those pay raises.
Jesus. These people.
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