Walmart: Making Changes In Their Pay Range To Attract Workers

In March, Walmart will increase the minimum wage for its employees to $14 an hour. This move comes as the nation's largest private employer struggles to keep its workers in a tight labor market.

According to reports, the minimum wage was set at $12 in 2021. It is expected that the wage will go up to $14. This will be a 17% increase.

Anne Hatfield, a spokesperson for Walmart, said that about 340,000 of the company's employees will receive a raise.

The company's move is part of its efforts to keep up with its competitors and the growing number of states and cities that have raised their minimum wage.

In a memo sent out on Tuesday, John Furner, the chief executive officer of Walmart US, said that the company's decision to raise its employees' compensation will allow it to offer them attractive pay.

The preceding is a summary of an article that originally appeared On Oann.

Written by Staff Reports

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