Walmart, the world’s largest retailer, said it will start investing in raising wages for its employees next month. This includes regular annual salary increases for our associates and targeted investments in starting rates for thousands of stores “to ensure attractive compensation in the markets in which we operate.” It is included. salesperson. “With these price increases, he expects the average US hourly wage to be more than $17.50, which will be reflected in his March 2 salary.”
A Forrester survey conducted by Workjam last week found that frontline workers are dissatisfied with retailers’ headquarters and feel isolated. At headquarters, some store owners take an ivory tower approach to their staff toward the bottom of the totem pole.
“At Walmart, we know our employees make the difference,” said Farner. “That has never been as true as it is today. Your talent and dedication to your customers are helping them live better lives every day. We are excited to share four new ways we are investing in you.”
Farner said Walmart continues to invest in the employees who run its Auto Care Centers (ACC). “Last fall we created the higher paying ACC coaching role,” he said. We are moving up to higher salaries to reflect their skills and importance to our business.”
Additionally, Walmart is adding new college degrees and certificates to its Live Better U (LBU) education program. The new options “focus on where the business is heading and provide employees with the skills to open up new career opportunities,” Farner said. Both associates will be able to attend LBU from day one, with Walmart paying 100% of the tuition and fees.”
Finally, Walmart is expanding its associate-to-driver program. This pays his chain associate to get a commercial driver’s license and become his driver for Walmart trucks, earning up to $110,000 in his first year. This development program is now available to Store Associates as well.
A few years ago, Walmart was considered one of the hardest companies to work for in America. The world’s largest retailer was accused by activists of underpaying its workers, many of whom could not afford health insurance.
The retailer has kicked off its turnaround by making big announcements about wage hikes and quality of life initiatives at work. Scheduling can still be a problem, and employees who experience discrimination or other employment issues at Walmart continue to file lawsuits against the retailer. We face numerous lawsuits over employment practices, ranging from violations of
The Covid-19 pandemic has shed light on frontline retail workers, the challenges they face and how important they are to organizations. A Forrester/Workjam study found that little has been done to improve job satisfaction, with a handful of retailers saying they plan to invest in their frontline workforce this year.
And as you continue to focus on our customers, we are committed to helping you, I mean, through higher wages and new opportunities to gain the skills to serve the customers of tomorrow and grow your career at Walmart. We are focused on investing in our employees.