Wal-Mart to give pay raises to most of its workers

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AP New York
Last Updated : Jan 21 2016 | 1:07 AM IST
Most of Wal-Mart's US employees will get raises as part of the world's largest retailer's previously announced commitment to invest in its workforce.
Wal-Mart, which announced in October that it would invest USD 2.7 billion in its workforce over two years, said more than 1.2 million US hourly workers will receive pay increases.
The company, which has 1.4 million US workers, also will provide basic short-term disability at no cost to full-time hourly workers and allow workers to accrue paid time off as they earn it.
Previously, Wal-Mart raised its base employee wages for 500,000 workers to USD 9 per hour last April, and is increasing hourly pay to at least USD 10 an hour, starting next month.
The moves come as the nation's private employer has been under pressure from labor-backed groups.
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First Published: Jan 21 2016 | 1:07 AM IST