Walmart To Raise Wages For 425,000 Workers After Massive 2020 Sales Performance
Walmart announced it will raise wages for 425,000 store associates serving in “frontline” roles after the company reported record fourth-quarter revenue.
Walmart will increase starting wages to between $13 and $19 per hour depending on store location and market, according to a letter Walmart President and CEO John Furner sent to employees nationwide Thursday morning. The pay raises will begin on March 13 and apply to the company’s 425,000 store associates.
“Today, I’m happy to share an investment in the people who are central to making that happen,” Furner wrote...