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Walmart testing higher minimum wage for some employees

Published 01/25/2020, 12:50 PM
© Reuters. FILE PHOTO: Employees work at the checkout counters of a Walmart store in Secaucus, New Jersey
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(Reuters) - Walmart (NYSE:WMT) Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for customers amid intense competition.

The company would offer team associates, a role it recently created, a starting wage of $12 an hour, Walmart spokeswoman Jami Lamontagne said.

That compares with Walmart's minimum wage of $11 at its more than 5,000 stores across the United States.

The team associates would be cross-trained in several functions and will have more responsibility, Lamontagne said.

© Reuters. FILE PHOTO: Employees work at the checkout counters of a Walmart store in Secaucus, New Jersey

The big-box retailer last raised its entry-level wages for U.S. hourly employees to $11 in early 2018 and trails rivals, including Costco Wholesale Corp (NASDAQ:COST), Amazon (NASDAQ:AMZN) Inc and Target Corp (NYSE:TGT) on the minimum wage front.

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