The pay bump pushes Walmart truck drivers further ahead of typical U.S. levels. Median pay for heavy and tractor-trailer truck drivers was $47,130 in 2020, according to the Labor Department.
The Bentonville, Arkansas-based retailer also touted a training effort for employees who want to become drivers. So far, 17 employees in Delaware and Texas have earned commercial driver’s licenses over the course of the 12-week program, the spokeswoman said. The company is hoping to train 400 to 800 new drivers this year, she said. The in-house program saves prospective truckers the cost of commercial driver training, which can range between $4,000 to $5,000 for people doing it independently, she said.
Walmart climbed less than 1% to $156.12 at 12:40 p.m. in New York. The stock gained 7.1% this year through Wednesday, compared with a 6% decline for the S&P 500.
Kids still want college degrees after seeing this 🤔
They should pay the more. They do more for the company than the CEO
Freedom
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