Suddenly Walmart WMT -0.1% is raising wages for store associates and is adding new tech positions. The move, initiated by Walmart’s U.S. president and CEO John Furner, is an effort to give associates an improvement in the quality of their lives.
At the same time, there is also an effort to elevate the positions in the Auto Care Center (ACC); elevating the ACC tech-led positions to a higher pay level reflects the special skills that are required in those roles, especially with new electric cars on the horizon. Furner said that “we are proud to continue investing in Walmart’s legacy by introducing new job opportunities and raising pay. No matter where you are in your journey, getting your start here can open doors – the first step into jobs that become careers and better lives.” The company said that the average worker will earn more than $17.50 an hour.
The current wage at Walmart is $12.00 to 18.00 an hour and will rise to $14.00 to $19.00 an hour on March 2, 2023. It should be noted that certain states already have a minimum wage of $16.00 an hour, including Connecticut, California, Massachusetts, and Washington. New York City, Long Island, and Westchester County in New York state have a minimum of $15.00. It was also noted in the Sourcing Journal that Amazon AMZN +2.1% and Target TGT +1.7% have a minimum rate of $15.00 an hour, and Costco bumped its minimum to $17.00 as early as October 2021. On the other hand, Dollar General DG -0.5% has employees at the $7.00 to...
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