Following a spike in inflation last year and a growing demand for workers, Walmart—one of the largest employers in the country—is increasing entry wages by 17%.

The big-box supplier said the wage boost is designed to ensure competitive pay in attracting and retaining talent in the rural and semi-rural areas in which the company operates.

For instance, starting pay for new employees might reach $19 depending on the specific store location.  

According to a report from Reuters, about 340,000 workers in 3,000 stores would be eligible for a pay increase per the wage hike.  To read the complete article, click here.

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