beats by dr. dre – beats wireless on-ear headphones – black Walmart employees to receive raises
BENTONVILLE, Ark. workers to $11 an hour, giving a one time cash bonus of up to $1,000 to eligible employees and expanding its maternity and parental leave benefits.
Large employers have been under pressure to boost benefits for workers because unemployment rates are at historic lows, allowing job seekers to be pickier.
The nation’s unemployment rate has sat at 4.1 percent for three months now, the lowest level since 2000. The average for hourly earnings rose 2.5 percent in December from a year earlier. Still,
that’s about a full percentage point lower than is typical in a healthy economy.
The pay hike at Walmart follows similar actions at rival Target Corp. Target raised its minimum hourly wage to $11 in October, and will raise wages to $15 by the end of 2020.
The Bentonville, Arkansas, company also promised help with adoptions, offering full time hourly and salaried workers $5,000 per child that can be used for expenses such as adoption agency fees,
translation fees and legal or court costs.