Walmart is giving raises to the vast majority of its U.S. employees as part of the world’s largest retailer’s previously announced investment in its workforce. The move comes as it seeks to hold on to workers in an increasingly competitive market.
Wal-Mart Stores Inc. last week said more than 1.2 million U.S. hourly workers will get wage increases on Feb. 20. The company, the largest U.S. private employer with 1.4 million total workers, also said it will provide free, basic short-term disability to full-time hourly workers. And it will start allowing workers to accrue paid time off as they earn it.
The moves mark the biggest changes Walmart has made in its efforts to offer better wages and benefits to its workers. They come as company faces pressure from labor-back groups who have criticized the company for its treatment of its workers.
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