US supermarket giant Walmart has announced plans to raise its average hourly wages starting next month.
The company said that it will lift its average hourly wage pay from $17 to $17.50, with the minimum wage rising by up to $2 to a range of $14-19 per hour based on location. The salary increase will impact around 340,00 workers across 3,000 locations. Walmart is the largest private employer in the US with over 1.6 million staff.
The price increase for retail staff comes half a year after Walmart increased the average pay for pharmacy workers to over $20 per hour. At the time, the company said that it would offer more frequent and automatic pay raises to fight labour shortages.
While Walmart is attempting to remain competitive in an increasingly tight US labour market where the national rate of unemployment falling to a five-decade low, its offering still lies behind the likes of Target, Costco and Amazon which have all offered minimum hourly wages of at least $15 since 2021.
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Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
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New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
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