Walmart To Raise Starting Wage To $11 Due To GOP Tax Law

Man, that GOP/Trump tax cuts for the rich bill just keeps giving the rich more money

Walmart to raise its starting wage to $11, give some employees bonuses following tax bill passage

Walmart’s employees will soon reap the benefits of the recent tax law changes, as the company raises its starting wage and distributes bonuses to eligible workers.

The big-box retailer announced Thursday it will be increasing its starting wage rate for hourly employees in the U.S. to $11, and is expanding maternity and parental leave benefits. Walmart also will pay a one-time cash bonus to eligible employees of as much as $1,000.

Currently, Walmart’s starting wage is $9 until workers complete a training program. Then, they receive $10.

The company is also creating a new benefit that provides financial assistance to its employees who are looking to adopt a child, giving them as much as $5,000 per child to cover expenses such as adoption agency fees, translation fees and legal costs.

Huh.

“Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.,” CEO Doug McMillon said in a statement.

“We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders,” he added. “However, some guiding themes are clear and consistent with how we’ve been investing — lower prices for customers, better wages and training for associates and investments in the future of our company, including in technology.”

It’s amazing what can be achieved when the money isn’t going directly into the pockets of Government, eh?

Meanwhile, Waste Management is giving 34,000 employees special bonuses of $2,000 each thanks to the tax bill.

Save $10 on purchases of $49.99 & up on our Fruit Bouquets at 1800flowers.com. Promo Code: FRUIT49
If you liked my post, feel free to subscribe to my rss feeds.

Both comments and trackbacks are currently closed

17 Responses to “Walmart To Raise Starting Wage To $11 Due To GOP Tax Law”

  1. McGehee says:

    No, but, y’see, when it isn’t the government doing it, it isn’t really legitimate, man! When private entities do it it’s because they get something out of it, man! And that’s just greed and it corrupts whatever good may come out of it, MAN!

  2. Jl says:

    “Tax cuts for the rich…….”

  3. drowningpuppies says:

    Still wondering if that pompous little rich guy gave a “Trump bonus” to his employees or if he’s still just a cheap little whiny bastard.

  4. Jeffery says:

    So it’s not all good news from Wallyworld.

    https://www.msn.com/en-us/money/companies/walmart-abruptly-closes-63-sams-club-stores-lays-off-thousands/ar-AAuzd4Y?li=BBmkt5R&ocid=spartanntp

    “The good news is that you make $11 an hour, the bad news is you’re fired!” Thanks, Dotard.

    • Are you trying to make a point? It’s not even the same chain of stores. The article you link to clearly says they were closing them because they had overbuilt in some areas. They have almost 600 stores. In the real world, it isn’t always about Trump. And the constant name calling just makes you look childish. Adults don’t talk that way.

      • Zachriel says:

        Professor Hale: Are you trying to make a point?

        The point appears to be that the overall gain to workers is negative.

        By the way, businesses typically don’t just give money away. The tight labor market is probably a more significant reason for the raises.

        • Zachriel, Thanks for your reply. But this looks like your interpretation of the events that were reported, not something any reasonable person could tease out of what Jeff wrote. I do appreciate that you were polite and rational. I agree with you that businesses may have lots of ulterior motives about tax cut money, especially tax cut gains that they haven’t realized yet. From the point of view of the employee though, I don’t care why my boss is giving me more money that I wasn’t expecting, I’m just pretty happy he did.

          • Zachriel says:

            Professor Hale: From the point of view of the employee though, I don’t care why my boss is giving me more money that I wasn’t expecting, I’m just pretty happy he did.

            Then, neither would you care why your boss laid you off leaving you with less money than you were expecting. You would just be pretty sorry that she did.

            The overall gain to workers is negative.

          • drowningpuppies says:

            Yep, it’s Armageddon!

            Sell your bullshit somewhere else, kiddiez.

  5. drowningpuppies says:

    Terrible news in little guy world.

    TWO MILLION Americans (and counting) will receive tax reform bonuses

    https://www.atr.org/list

  6. Jeffery says:

    Walmart Closes 63 Stores In Response to Republican Tax Cut!

Bad Behavior has blocked 8695 access attempts in the last 7 days.