Reported 4 months ago
Sam's Club, a subsidiary of Walmart, will raise hourly wages for nearly 100,000 employees to an average of over $19, with starting pay increasing from $15 to $16 per hour effective November 2. The new compensation plan aims to enhance employee retention and compete in the retail market, offering faster pay growth based on years of service. This decision comes as Sam's Club has experienced sales growth across various categories.
Source: YAHOO