JACKSONVILLE, Fla. – The country’s largest employer, Walmart, announced that starting March 13, 425,000 store workers in its digital and stocking workgroups will see a pay raise between $13 and $19 an hour based on the store’s location and market.
“These are investments in people that are important to our future,” said Walmart Chief Executive Doug McMillon.
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With the latest pay increase, about 730,000 of Walmart’s employees will make at least $15 an hour.
But these pay increases are only for some current employees. Walmart said its starting wage will stay at $11 an hour.
McMillon said that a minimum wage of $15 an hour was “an important target but also think that should be paced in a way that’s good for the U.S. economy.”
Other retailers such as Amazon, Target and Best Buy have increased their starting minimum wage to $15 an hour.
President Joe Biden included a $15 federal minimum wage in his $1.9 trillion stimulus proposal last month. The legislation calls for the minimum wage to increase to $15 an hour by 2025.
A vote on that bill is expected by the end of the month.