Walmart raises starting wages, handing out $1K bonuses

Posted at 8:17 AM, Jan 11, 2018
and last updated 2018-01-11 08:19:51-05

Walmart is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits.

The retailer said Thursday that changes to its compensation and benefits policy will impact more than a million hourly workers in the U.S., with the wage increase effective next month.

The company is also creating a new benefit to assist employees with adoption expenses.