pay increase

6 Stories

Why Walmart Has Decided to Play Less Celine Dion

Wardrobe changes, raises, temperature adjustments in store

(Newser) - Walmart is continuing to increase wages with promised raises for 100,000 department managers this year. The company says managers of complex departments like electronics will be paid a minimum $13 per hour in August, with that jumping to $15 in February; that's up from a current $10.30,... More »

40% of US Walmart Workers to Get Raises: CEO

"We are trying to create a meritocracy," Doug McMillon says

(Newser) - Walmart is spending $1 billion to make changes to how it pays and trains US hourly workers as the embattled retailer tries to reshape the image that its stores offer dead-end jobs. As part of its biggest investment in worker training and pay ever, Walmart says that within the next... More »

Number of Feds Making Six Figures Rises

Government salaries jump in recession; average is $71K

(Newser) - The number of federal employees making more than $100,000 a year has surged since the start of the recession, jumping from 14% a year and a half ago to 19% today. As salaries have increased, those making the most have gotten the biggest raises. When the recession began, for... More »

Wages Are Up—for Workers With Jobs

Avg. weekly pay hit $618 last month, up from $612

(Newser) - For those with the good fortune to have a job, wage growth has actually increased in recent months, government surveys show. From the fall of Lehman Brothers last September to this June, average weekly pay stayed at $612. But since June, the workweek has gotten longer and hourly pay growth... More »

Congress Gets a Raise

Watchdog groups slam lawmakers' automatic pay raise amid economic chaos

(Newser) - The flatlining economy hasn't stopped Congress from getting a pay raise, the Hill reports. Lawmakers will get an extra $4,700 a year starting in January, amounting to a total of $2.5 million. The 2.8% automatic raise is only half as large as the cost of living adjustment... More »

Minimum Wage Gets Bump

Tomorrow's 70-cent raise to $6.55 could spell job loss for young

(Newser) - The federal minimum wage will get a 70-cent boost tomorrow to $6.55 an hour, reports the Baltimore Sun, but it's not good news for everyone. The bump will help workers chip away at rising food, gas, and health care costs, raising the annual payoff of a 40-hour work week... More »

6 Stories