Walmart Announces It Will Raise Entry-Level Wages For US Hourly Employees
  • 6 years ago

On Thursday, Walmart said that it would raise entry-level wages for US hourly employees to eleven-dollars an hour in February as it eyes benefits from last month's U.S. Tax Code overhaul. The world’s largest retailer and private employer announced that it would also offer a one-time cash bonus, based on length of service, of up to $1,000, and expand maternity and parental leave benefits. Companies like AT&T Inc, Wells Fargo & Co and Boeing Co, have all promised more pay for workers following the Republican-controlled U.S. Congress passed a tax bill that cut the corporate tax rate from 35 percent down to 21 percent.
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