Reported 22 days ago
Sam's Club has announced an increase in its minimum wage to $16 per hour starting November, up from $15, alongside raises of 3% to 6% for nearly 100,000 employees based on tenure. This move aims to retain workers amid competition with Costco, which pays a minimum of $19.50 per hour. The increase reflects a broader trend in the retail industry to enhance wages in a tight labor market, and aims to foster a stable workforce for better customer service.
Source: YAHOO