Current：Home > MarketsThe Home Depot says it is spending $1 billion to raise its starting wage to $15-LoTradeCoin
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-01-11 15:13:40
The Home Depot is spending $1 billion to give associates wages of at least $15, the company announced Tuesday.
The first changes were reflected in employees' Feb. 17 paycheck, while other employees will see the changes on their Feb. 24 paychecks.
"The most important investment we can make is in our people," CEO Ted Decker said. "We believe this investment will position us favorably in the market, enabling us to attract and retain the level of talent needed to sustain the customer experience we strive to deliver."
It said it additionally has enhanced training and career development opportunities and promoted 65,000 associates in 2022.
veryGood！ (68565)
Related
- Martin Scorsese on the saints, faith in filmmaking and what his next movie might be
- FX's 'Shogun' brings a new, epic version of James Clavell's novel to life: What to know
- Connecticut still No. 1 as top 10 of USA TODAY Sports men's basketball poll gets shuffled
- 12 alleged cartel members killed by Mexican soldiers near U.S. border
- Can I take on 2 separate jobs in the same company? Ask HR
- Supreme Court turns away affirmative action dispute over Virginia high school's admissions policies
- Iditarod’s reigning rookie of the year disqualified from 2024 race for violating conduct standard
- Woman arrested nearly 20 years after baby found dead at Phoenix airport
- Record-setting dry conditions threaten more US wildfires, drinking water supplies
- Unruly high school asks Massachusetts National Guard to restore order
Ranking
- NASCAR Hall of Fame driver Bobby Allison dies at 86
- Authorities identify woman killed in Indianapolis Waffle House shooting
- FBI investigates after letter with white powder sent to House Speaker Johnson’s Louisiana church
- Man accused of killing wife sentenced in separate case involving sale of fake Andy Warhol paintings
- US wholesale inflation picks up slightly in sign that some price pressures remain elevated
- Many people want a toned body. Here's how to get one.
- Ex-Nebraska basketball player sues university after sex scandal
- Alexey Navalny's widow says Russia hiding his body, refusing to give it to his mother
Recommendation
Suspected shooter and four others are found dead in three Kansas homes, police say
More heavy rain swamps Southern California; flood warnings, watches around Los Angeles
Beatles to get a Fab Four of biopics, with a movie each for Paul, John, George and Ringo
OpenAI, Chat GPT creator, unveils Sora to turn writing prompts into videos: What to know
Celtics' Jaylen Brown calls Bucks' Giannis Antetokounmpo a 'child' over fake handshake
2 adults are charged with murder in the deadly shooting at Kansas City’s Super Bowl celebration
The Daily Money: How much do retirees need for healthcare expenses? More than you think
Nikki Haley hasn’t yet won a GOP contest. But she’s vowing to keep fighting Donald Trump