Tag Archives: hourly

Walmart (WMT) announced plans to hike its average hourly pay to more than $17.50 on Tuesday. In a statement to U.S. employees, Walmart U.S. CEO and President John Furner said “starting next month, we’ll begin investing in higher wages for associates.” He added: “This includes a mixture of associates’ regular annual increases and targeted investments in starting rates for thousands of stores, to ensure we have attractive pay in the markets we operate. We expect these raises will bring our… Source link

The effects of inflation and high gas prices are hitting hourly workers hard, a new survey finds. Eighty-one percent of these workers report that higher gas costs have cut into their ability to pay for other things. Seventy-seven percent say that financial stress is impacting their health — and 22% report turning to payday loans this year to bridge the gaps. These are “some really stark results” said Emerson Sprick, policy analyst at the Bipartisan Center, who helped oversee the survey, Source link

Google Search may feel like magic, but the engine’s efficacy relies on hourly employees who work for a subcontractor. In the internet age, these are, quite literally, the people who help you find the right pair of pants. “If somebody’s looking for pants on the internet, we want to make sure that it’s actually a pair of pants — not a picture of a pair of pants or a sculpture of a pair of pants,” said Christopher Colley, who’s worked as a quality rater since 2017. “Sometimes, you… Source link

Working the way we once did will never be the same thanks to COVID, and the result can be seen everywhere from fast-food restaurants to the shops at the mall. Companies are having trouble hiring people, and the labor shortage is big news everywhere –– which presents a major problem as the busy holiday season draws closer. Some affected companies are taking an innovative approach to lure people back, offering everything from tuition assistance to free Teslas. While some of these tactics… Source link

Walmart (WMT), the nation’s largest private employer, is raising wages for 565,000 of its nearly 1.2 million store associates, marking the retailer’s third wage hike for hourly associates in the last year. “Effective Sept. 25, associates in the Frontend, Food & Consumable and General Merchandise work groups will receive at least a $1 an hour raise. That means a raise for more than 565,000 store associates. It’s our third wage investment in store associates over the past year,” U.S…. Source link

The New York Times Republicans’ Overthrow of Liz Cheney Risks Worsening Their Headaches WASHINGTON — As she arrived at the Capitol on Wednesday morning to meet her fate, the soon-to-be deposed No. 3 Republican in the House hinted that she was already eyeing her next role. “The party is going to come back stronger, and I’m going to lead the effort to do it,” Rep. Liz Cheney said as she stepped into an elevator and down to her demise. Sign up for The Morning newsletter from the New York… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link