Walmart tests higher starting wage in 500 stores, talent war increases - Business Insider

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Walmart is testing higher starting salaries for some employees in 500 stores as the war for talent heats up

is testing a new workplace model in 500 stores that includes higher wages for some employees, the retailer confirmed to Business Insider.

The superstore is introducing two new roles with a higher starting salary than the standard $11 an hour for Walmart employees. The team associate role starts at $12 an hour, and team leads start at $18 an hour. The new roles are part of Walmart's "Great Workplace" model, a team-focused system that changes the way Walmart employees meet customer needs. The program was rolled out in a test phase to around 500 stores last summer."Our associates will increasingly be multiskilled, work in teams and be cross-trained in several functions," Walmart spokeswoman Jami Lamontagne told Business Insider in an email.

The war for talent is firing up across the retail sector as the unemployment rate hits historic lows. The US unemployment rate was 3.5% in December, according to the Bureau of Labor Statistics. Major retailers like Target, Amazon, and Costco havea $100,000 general manager salary and paid sick leave in certain locations.

 

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