🧵 1. Walmart cuts starting pay for new hires who prep online orders & stock shelves, sparking debate on labor market changes. #business
🧵 1. Walmart cuts starting pay for new hires who prep online orders & stock shelves, sparking debate on labor market changes. #business
🧵 2. Starting wages reduced for personal shoppers & stockers in July. New Walmart employees earn $1/hr less compared to before.
🧵 3. No pay cuts for current employees, but pay bands for experienced workers adjusted. 50k store employees receive wage raise.
🧵 4. Walmart keeps minimum wage consistent across roles for better staffing consistency & customer service.
🧵 5. Higher pay for personal shoppers & stockers introduced in March. Pay rates range from $13 to $19/hr based on location.
🧵 Read more at: https://www.cnbc.com/2023/09/07/walmart-cuts-starting-pay-for-new-hires-who-prepare-online-orders-stock-shelves.html