Walmart announced pay bumps Thursday that will bring its average hourly wage to over $15 an hour. But the move still falls short of the $15 minimum wage announced by some of its largest competitors.
Walmart, America’s largest private employer, said it will raise wages for 425,000 US workers — more than a fourth of its workforce — to at least $13 an hour.
Starting March 13, hourly workers stocking shelves and fulfilling customers’ home delivery and curbside pickup orders in stores will receive a starting rate of $13 to $19 an hour, based on the store’s location and market, Walmart said. Last year, the company raised wages for 165,000 store workers in management roles to a starting rate of $18 an hour.
Should minimum wage be subject to geography? Meaning that the cost of living is different in different parts of the country. What will this mean to the prices at Walmart?