Walmart’s entry-level wage increases have proven to be a catalyst for increased wages throughout the retail industry:
“Minimum wage increases by states and across major chains, like Walmart and Target, coupled with a tight labor market, have jump-started the income gains. Average hourly earnings for 13.4 million nonsupervisory retail workers surged 5.1% last year for the biggest advance since 1981, according to the U.S. Bureau of Labor Statistics. And they’ve kept rising, hitting $16.65 an hour in July. When adjusted for inflation, that’s the highest level since December 2003.”
P.S. Walmart is not the same store that it was even a few years ago. If you are hoping to work effectively with this rapidly-changing company, you’ll need guidance. Our experts can help. Book a consultation today.