Wal-Mart will be giving almost all of its more than 1 million hourly store employees a raise next month.

The largest employer in the U.S., Wal-Mart will be hiking its lowest wage to $10 an hour as well as boosting pay for workers who are making above its starting rate.

It's not clear how large the average wage increase will be, but so far the company has said that the raise will amount to at least a 2 percent hike.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.