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Business

Wal-Mart to raise wages for US staff

Published: 19 Feb 2015 - 05:18 pm | Last Updated: 16 Jan 2022 - 09:24 pm

 

New York--Wal-Mart Stores Thursday unveiled a program to boost wages and educational opportunities for US workers as it reported higher fourth-quarter earnings.

The biggest retailer globally, Wal-Mart said the wage and education initiatives would affect 500,000 US full- and part-time staff. Salaries will be raised this year, with another hike coming in 2016.

AFP