Walmart is raising its minimum wage to $14 an hour | CNN Business

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Walmart is raising its base pay from $12 to $14 an hour. The company says the raises are expected to bring its average hourly wage up to “more than” $17.50 an hour.

Walmart, America’s largest private employer, said Tuesday that it will raise its minimum wage from $12 to $14 an hour as it tries to retain store and warehouse workers in a tight labor market for lower-wage industries. Walmart has 1.7 million workers in the United States, 94% of whom are hourly employees, according to its latest annual securities filing. The company hired hundreds of thousands of workers during the Covid-19 pandemic to meet strong consumer demand for groceries and other goods.

Walmart is trying to keep pace with rivals as well as cities and states that have been raising their minimum wages. The federal minimum wage has been $7.25 an hour since 2009. Washington State has the highest minimum wage in the country at $15.74. While dozens of companies, including Walmart, have laid off corporate staff in recent months, demand for service industry workers remains strong. Walmart currently has nearly 30,000 store jobs listed on its hiring website.

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And raises consumer prices.

Here comes the price hikes

You lied to us! You have made me physically sick! All of the Hunter & Joe laptop stuff WAS true and you knew it and hid it. I know you got some of that money to lead people away?! Classified info to the Ukraine!!!! How much did u get? And why? Why did you do it?

$14.20 state minimum in NY since new year. Walmart only obeying the law.

Costco, where they start their employees at 18 an hour;

Imagine making a career out of WalMart

they are raising the base, now so the coverage of the layoffs wont be so bad. in the upcoming months.

For what? Customers check themselves out.

Is there a comparison between pay increase and a rise in self check outs and store closings?

Which means they'll raise their prices with 17% as well. So more inflation.

Welcome news

Now they can afford a dozen eggs...

Eggs now will be 9.99

About time!

How come Biden's more severe crimes are ignored? , are you willfully not covering Biden's more serious & egregious crimes that deserve jail time?

Now we can bring in our cart from outside, get our groceries from the storage area and check ourselves out.

$12 discount at the self checkout?

Compare to 20 years ago. Then what

I bet the 2 people that work in the stores will be thrilled….🙄

So my napkins, toothpaste, shampoo, etc will all go up too. Nice!

About time that happened, but it should be more. 🤔

Are these employees going to get enough hours to qualify for health insurance?

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Walmart to raise pay for hourly US workers | CNN BusinessWalmart is raising its base pay from $12 to $14 an hour, the company said Tuesday. The company added that the latest round of raises are expected to bring its average hourly wage up to 'more than' $17.50 an hour. Let’s hope Asda in UK follows suit. My Mrs works there 😀😀 Now you people can stop bitching about how Walmart pays slave wages... But you won't because far too many of you actually thought Walmart was paying minimum wage. Bunch of mindless drones who refuse to ever do any research for themselves. Then comes self checkouts. Nice one Brandon!
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