What's this? This is an unbiased just-the-facts news summary about Doug McMillon and Walmart. To see the full newsline, click the red tabs below. Love news? Become a contributor now!

19 Feb, 2015

Raising wage floor

0 Comments

Walmart announces it will give raises to an estimated 500,000 employees in an effort to raise its wage floor to $10 per hour. CEO McMillon:

Overall, these are strategic investments in our people to reignite the sense of ownership they have in our stores. As a result, we firmly believe that our customers will benefit from a better store experience, which can drive higher sales and returns for our shareholders over time.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments