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Country’s largest private employer seeks to close pay gap with rivals as workers remain scarce
Walmart Inc. said it is raising wages for its U.S. hourly workers at a time when the market remains tight for front-line staff.
Starting next month, Walmart’s U.S. workers in stores and warehouses will earn a starting wage of at least $14 an hour, up from $12, the country’s largest private employer said in a memo to staff Tuesday. Rivals, including Amazon.com Inc. and Target Corp., have a $15-an-hour minimum wage, while Costco Wholesale Corp.’s minimum is even higher.