Walmart raises starting hourly wage to $12 in 500 stores, as part of a test - CNBC
In roughly 500 stores, Walmart has raised starting hourly pay for the newly created team associate role to $12 from $11.Walmart, which employs 1.5 million people in the U.S., has been targeted in the past for paying so-called starvation wages.Patrick T. Fallon | Bloomberg | Getty Imagesis testing a slightly higher minimum wage in a few hundred of its stores, as it rolls out a new, more flexible model for how it manages workflow within the store.
Walmart, the biggest private employer in the nation, said it has no plans to raise wages more broadly. The new model ultimately will give lower-level workers in these 500 Walmart locations more responsibilities. The changes also incorporate axing longer-term roles like assistant manager and customer-service manager, replacing them with jobs such as academy trainer, team lead, coach and store lead.
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