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Hourly Wage

Walmart To Raise Hourly Wages by at Least $1 for 565,000 Workers Effective September 25

Reuters | Equities.com |

Walmart said on Thursday that it plans to raise wages for more than 565,000 store workers by at least $1 an hour, as the all-important holiday shopping season is set to kick off in the middle of a desperate labor crunch across the country.

With its third wage investment over the past year, Walmart's U.S. average hourly wage is now $16.40, Walmart U.S. Chief Executive John Furner said in a memo to staff.


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