WALMART INCREASING HOURLY WAGE TO $11 - Closing Some Sams Stores |
(01/12/2018) |
With Walmart announcing the closings of a large number of their Sams store, they are boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits. The retailer changes that its compensation and benefits policy will impact more than a million hourly workers in the U.S., with the wage increase effective next month. The company is also creating a new benefit to assist employees with adoption expenses. |