Stories
Slash Boxes
Comments

SoylentNews is people

posted by Fnord666 on Thursday January 11 2018, @10:11PM   Printer-friendly
from the what's-the-catch dept.

Walmart is boosting minimum pay across all of its stores and handing out bonuses. The CEO says that it's thanks to tax reform:

Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.

The increase takes effect next month and will cost $300 million on top of wage hikes that were already planned, the world's largest retailer said Thursday. The one-time bonus of up to $1,000 is based on seniority and will amount to an additional $400 million. The company is also expanding its maternity and parental leave policy and adding an adoption benefit.

"Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.," Chief Executive Officer Doug McMillon said in the statement.

The move comes three years after Wal-Mart last announced it was raising wages, spending $1 billion in 2015 to lift starting hourly pay to $9 and then to $10 for most workers the following year. The increase cut into profit and was criticized by some longer-tenured employees as unfair to them. Since then, many states have enacted minimum wage laws, meaning that a "sizable group" of its 4,700 U.S. stores already pay $11 an hour, according to spokesman Kory Lundberg.

Walmart is expanding a "Scan & Go" program from 50 to 150 stores. "Scan & Go" would allow customers to use a smartphone app to scan items and then walk out of the store with them. Kroger is experimenting with a similar "Scan, Bag, Go" program. These are seen as a response to Amazon, which has been trialing delivery of fresh foods and same-day deliveries. Amazon revealed an "Amazon Go" concept brick-and-mortar store in 2016, with no cashiers in sight.

Maybe Walmart's big plan is to give better pay to a dwindling amount of employees.

CEO letter to employees. Also at CNBC and USA Today.

Related: Walmart Wants to Deliver Groceries Directly Into Your Fridge
Walmart to Deploy Shelf-Scanning Robots at 50 Stores
Walmart is Raising Prices Online to Increase in-Store Traffic


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 1, Informative) by Azuma Hazuki on Saturday January 13 2018, @03:53AM (3 children)

    by Azuma Hazuki (5086) on Saturday January 13 2018, @03:53AM (#621682) Journal

    Stop trying to deflect from the original point, asshole. You're putting up a smokescreen--at least I hope to fuck that's smoke and not high-pressure diarrhea, jeez.

    There are times when someone's choices boil down to "X or die," and most people for some reason have an aversion to death. Hell, you could argue even the slaves you're talking about had a choice to rebel or not. Point still stands, and your petty, misaimed attacks do nothing to dent it. Who the fuck do you think you'e fooling?

    --
    I am "that girl" your mother warned you about...
    Starting Score:    1  point
    Moderation   -1  
       Flamebait=1, Troll=1, Informative=1, Total=3
    Extra 'Informative' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   1  
  • (Score: 1, Troll) by The Mighty Buzzard on Saturday January 13 2018, @11:38AM (2 children)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Saturday January 13 2018, @11:38AM (#621761) Homepage Journal

    Was there supposed to be a counterargument in there somewhere or did you just want to fling metaphorical monkey shit? I'm good either way but it's hard to tell with you sometimes what with you being incapable of presenting a decent argument.

    --
    My rights don't end where your fear begins.
    • (Score: 0, Troll) by Azuma Hazuki on Saturday January 13 2018, @11:36PM

      by Azuma Hazuki (5086) on Saturday January 13 2018, @11:36PM (#621991) Journal

      You don't read so good, do ya boy?

      --
      I am "that girl" your mother warned you about...
    • (Score: 0) by Anonymous Coward on Sunday January 14 2018, @01:28AM

      by Anonymous Coward on Sunday January 14 2018, @01:28AM (#622037)

      Actually, she doesn't much like the metaphorical varieties of shit. They all lack texture and flavor.