Walmart will pay less to the new workers it hires for its stores. Affected employees are those who perform functions such as stocking shelves and fulfilling online orders.
As reported by the Wall Street Journal, these workers have the lowest possible hourly wages of all industries in the country. In other words, they will pay the minimum allowed by law.
The company hopes these changes will allow for more consistent pay between the different positions the company has.
“A consistent starting salary results in consistent staff and better customer service while creating new opportunities for workers to learn new skills from the in-store experience and laying the foundation for their career, wherever they start,” according to the company.
It should be noted that Walmart previously decided to increase wages to attract workers during the COVID-19 pandemic. However, now that the job market is starting to stabilize, Walmart has decided to lower wages.
While Walmart is paying its new hires less, the company is raising the wages of its existing employees.
And it gave a salary increase to nearly 50 thousand employees.
Walmart is the company that employs the most people in the entire United States, therefore The decision to reduce new workers may be followed by other companies in the country.