Sam’s Club bumps starting wage to $16, accelerates increases for front-line workers

Quick Summary:

Employees’ average hourly rate will be around $19 — a figure that has increased nearly 30% in the past five years.

That may be in part because of the slowed hiring pace also projected in 2025.

Previously, research indicated that pay increases would be a “modest” 3.9% in 2024.

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Article Details

Author / Journalist: Caroline Colvin

Category: EconomyBusiness

Markets: United States

Topics: Employees’ Statement Workforce Increases Increased Years Club Sam’s Figure Conference Compensation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 10:19:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 22579764

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Official Website: retaildive.com

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News Last Updated: 23 hours ago

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