NEW YORK — Walmart said U.S. workers will get pay raises next month, increasing starting wages to between $14 and $19 an hour.
Company President CEO John Furner told employees in a memo Tuesday that the pay raises will be reflected in their March 2 paychecks and will come through a combination of targeted and regular annual pay increases.
Workers at 3,000 stores will get raises, increasing average pay to $17.50 an hour from $17. Starting wages currently range between $12 and $18 an hour, depending on location.
The newest pay raises bring Walmart, the country’s largest retailer and biggest private employer, closer to many
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