Wal-Mart to boost man­agers’ salaries

Los Angeles Times - - BUSINESS BEAT - By Sa­man­tha Ma­sunaga sa­man­tha.ma­sunaga@la­times.com

Wal-Mart Stores Inc. is rais­ing the pay of more than 100,000 of its man­agers and em­ploy­ees in spe­cial­ized de­part­ments.

The wage in­crease is the next phase in the Bentonville, Ark., com­pany’s “bil­lion-dollar com­mit­ment” to up­grad­ing the com­pany’s com­pen­sa­tion, hir­ing, train­ing and sched­ul­ing pro­grams in the U.S., spokesman Kory Lund­berg said Tues­day.

In Fe­bru­ary, Wal-Mart said it would raise the min­i­mum wage for about 500,000 em­ploy­ees to at least $10 an hour by Fe­bru­ary. New hires will start at $9 an hour, but can move to $10 an hour af­ter com­plet­ing a six-month train­ing pro­gram.

Man­agers in more com­plex, ser­vice-ori­ented de­part­ments such as auto care and elec­tron­ics will now re­ceive wages start­ing at $13 an hour, up from $10.30. Wages for man­agers in less ser­vice-ori­ented de­part­ments, such as cloth­ing or lug­gage, will start at $10.90 an hour, up from $9.90. Spe­cial­ists who work in de­part­ments such as the deli or wire­less sales will start at $9.90 an hour, up from $9.20.

Work­ers will see the in­creases in their pay­checks start­ing Aug. 13.

Lund­berg said Wal-Mart hopes the in­creases will help re­duce em­ployee turnover and im­prove cus­tomer ser­vice. Wal-Mart has 1.3 mil­lion work­ers in the U.S.

Wal-Mart shares fell 20 cents, or 0.27%, to $74.53 on Tues­day.

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