Walmart Raises Minimum Wage as Retail Labor Market Remains Tight

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The nation's largest private employer is raising its minimum wage to $14 an hour for store employees.

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Retail, compared with other industries, tends to have higher churn than other industries — which allows employers to manage their head count by slowing the backfilling of jobs, said Gregory Daco, chief economist at EY Parthenon, the global strategy consulting arm of Ernst & Young. “Any retailer is going to have to think carefully and think twice about laying off a good share of their workforce,” he said.

 

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CNBC That's great for all five people who work in each store.

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Walmart to raise minimum wage for U.S. hourly workers to $14Walmart Inc on Tuesday said it will raise average hourly wages for its U.S. store workers starting next month, as it seeks to attract and retain employees in a tight domestic labor market. After they fire half of them. Wow, that’s so much maybe they can even shop at Walmart now. Great, they’ll be able to afford some eggs and milk now
Source: Reuters - 🏆 2. / 97 Read more »

Walmart workers to get pay raises next monthThe competition for low-wage retail workers remains fierce, even as companies scale back on hiring amid a lingering labor shortage. how much they pay you to run a story about workers getting a pathetic 50 cent an hour raise so they could make it look like they were benevolent? I’m technically a checkout person at Walmart. All I want is a reduction on some food.
Source: wsfa12news - 🏆 338. / 59 Read more »

Walmart's U.S. workers to get pay raises next monthWorkers at 3,000 stores will get raises, as the company increases average pay to $17.50 an hour from $17. Every industry should start raising pay to catch up with inflation and rising cost of living. 50 cents? Not even a dollat? Owners just bought an nfl team by not paying workers fair value to increase profit margin. This equates to $40 every two weeks before taxes. Quit acting like you doing something.
Source: CBSNews - 🏆 87. / 68 Read more »

Walmart workers to get pay raises next monthThe competition for low-wage retail workers remains fierce, even as companies scale back on hiring amid a lingering labor shortage.
Source: WTVYNews4 - 🏆 590. / 51 Read more »