Walmart to pay in-house truckers up to $110,000 in tight U.S. job market

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World stocks sink amid worries over U.S. rate hikes, RussiaGlobal stock markets and Wall Street futures sank Wednesday after a Federal Reserve official's comments fuelled expectations of more aggressive U.S. rate hikes and the White House announced more sanctions on Russia.
Source: CTVNews - 🏆 1. / 99 Read more »

Home prices dropped slightly in March — but don’t expect a buyers’ market anytime soonDespite a slight dip in month-over-month sale prices, it is still a tight sellers’ market, says the Toronto real estate board. Rent caps plus punitive taxation on rental, income and investment properties, and a punitive empty home tax. Watch the housing bubble deflate.
Source: TorontoStar - 🏆 60. / 55 Read more »