Current：Home > Contact-usThe Home Depot says it is spending $1 billion to raise its starting wage to $15-LoTradeCoin
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-01-09 17:29:19
The Home Depot is spending $1 billion to give associates wages of at least $15, the company announced Tuesday.
The first changes were reflected in employees' Feb. 17 paycheck, while other employees will see the changes on their Feb. 24 paychecks.
"The most important investment we can make is in our people," CEO Ted Decker said. "We believe this investment will position us favorably in the market, enabling us to attract and retain the level of talent needed to sustain the customer experience we strive to deliver."
It said it additionally has enhanced training and career development opportunities and promoted 65,000 associates in 2022.
veryGood！ (19)
Related
- It's Red Cup Day at Starbucks: Here's how to get your holiday cup and cash in on deals
- Emily Blunt Shares Insight into Family Life With Her and John Krasinski’s Daughters
- The 10 Best Weekend Sales to Shop Right Now: Dyson, Coach Outlet, Charlotte Tilbury & More
- BelVita Breakfast Sandwich biscuits recalled after reports of allergic reactions
- Five best fits for Alex Bregman: Will Astros homegrown star leave as free agent?
- Lindsay Lohan Shares the Motherhood Advice She Received From Jamie Lee Curtis
- Top Oil Industry Group Disputes African-American Health Study, Cites Genetics
- Man accused of running over and killing woman with stolen forklift arrested
- Francesca Farago Details Health Complications That Led to Emergency C-Section of Twins
- Sarah-Jade Bleau Shares the One Long-Lasting Lipstick That Everyone Needs in Their Bag
Ranking
- Utah AD Mark Harlan rips officials following loss to BYU, claims game was 'stolen from us'
- Elliot Page Details Secret, 2-Year Romance With Closeted Celeb
- ‘America the Beautiful’ Plan Debuts the Biden Administration’s Approach to Conserving the Environment and Habitat
- Devastated Puerto Rico Tests Fairness of Response to Climate Disasters
- Smithfield agrees to pay $2 million to resolve child labor allegations at Minnesota meat plant
- Lindsay Lohan Shares the Motherhood Advice She Received From Jamie Lee Curtis
- As Special Envoy for Climate, John Kerry Will Be No Stranger to International Climate Negotiations
- The Supreme Court Sidesteps a Full Climate Change Ruling, Handing Industry a Procedural Win
Recommendation
As Northeast wildfires keep igniting, is there a drought-buster in sight?
2 Courts Upheld State Nuclear Subsidies. Here’s Why It’s a Big Deal for Renewable Energy, Too.
Best Friend Day Gifts Under $100: Here's What To Buy the Bestie That Has It All
After Dozens of Gas Explosions, a Community Looks for Alternatives to Natural Gas
Darren Criss on why playing a robot in 'Maybe Happy Ending' makes him want to cry
Stranded motorist shot dead by trooper he shot after trooper stopped to help him, authorities say
Natalee Holloway Suspect Joran Van Der Sloot Pleads Not Guilty in U.S. Fraud Case
As Nations Gather for Biden’s Virtual Climate Summit, Ambitious Pledges That Still Fall Short of Paris Goal