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unhappycamper

(60,364 posts)
Thu Feb 19, 2015, 11:36 AM Feb 2015

Nearly 40 percent of Wal-Mart's US workers to get pay raises

http://kdhnews.com/business/nearly-percent-of-wal-mart-s-us-workers-to-get/article_49ce087c-b847-11e4-9b92-3beaa4c113d4.html

Nearly 40 percent of Wal-Mart's US workers to get pay raises
Associated Press
Posted: Thursday, February 19, 2015 8:55 am

BENTONVILLE, Ark. (AP) — Wal-Mart Stores Inc. is spending $1 billion to make changes to how it pays and trains U.S. hourly workers as the embattled retailer tries to reshape the image that its stores offer dead-end jobs.

As part of its biggest investment in worker training and pay ever, Wal-Mart told The Associated Press that within the next six months it will give raises to about 500,000 workers, or nearly 40 percent of its 1.3 million U.S. employees. Wal-Mart follows other retailers that have boosted hourly pay recently, but because it's the nation's largest private employer, the impact of its move will be more closely watched.

In addition to raises, Wal-Mart said it plans to make changes to how workers are scheduled and add training programs for sales staff so that employees can more easily map out their future at the company.

"We are trying to create a meritocracy where you can start somewhere and end up just as high as your hard work and your capacity will enable you to go," CEO Doug McMillon told the AP during an interview this week at the company's headquarters in Bentonville, Arkansas.
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Nearly 40 percent of Wal-Mart's US workers to get pay raises (Original Post) unhappycamper Feb 2015 OP
It will make little difference, since... TreasonousBastard Feb 2015 #1
?!?!?! shenmue Feb 2015 #2
I think they finally discovered that Still Sensible Feb 2015 #3
+1 daleanime Feb 2015 #4
So, as their pay goes up, House of Roberts Feb 2015 #5
"so that employees can more easily map out their future at the company... " Thor_MN Feb 2015 #6

House of Roberts

(5,171 posts)
5. So, as their pay goes up,
Thu Feb 19, 2015, 12:05 PM
Feb 2015

their government subsidy will go down. The workers won't really gain until their wage rises above the threshold where they need food stamps, subsidized housing, etc.

 

Thor_MN

(11,843 posts)
6. "so that employees can more easily map out their future at the company... "
Thu Feb 19, 2015, 12:49 PM
Feb 2015

Don't really need training programs for that...

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