Current：Home > ContactThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -FinTechWorld
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-18 18:33:38
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！ (49599)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Nick Saban coached in the NFL. His tenure with the Miami Dolphins did not go well.
- AEW star Adam Copeland revels in the 'joy' of war god Ares in Disney+'s 'Percy Jackson'
- Boston reaches $2.4 million settlement with female police commander over gender discrimination case
- What to watch: O Jolie night
- Elderly couple found dead in South Carolina bedroom after home heater reached 1,000 degrees
- Auburn fans celebrate Nick Saban's retirement in true Auburn fashion: By rolling Toomer's Corner
- Looking for a cheeseburger in paradise? You could soon find one along Jimmy Buffett Highway
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- No, you don't have to put your home address on your resume
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- The Best Workout Sets for Gym Girlies, Hot Girl Walks and More in 2024
- Looking for a cheeseburger in paradise? You could soon find one along Jimmy Buffett Highway
- At CES 2024, tech companies are transforming the kitchen with AI and robots that do the cooking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- How to make an electronic signature: Sign documents from anywhere with your phone
- TSA found a record number of guns at airport security checkpoints in 2023. Almost all of them were loaded.
- Screen Actors Guild Awards 2024: 'Barbie,' 'Oppenheimer' score 4 nominations each
Recommendation
The Best Stocking Stuffers Under $25
Bills fan killed outside Dolphins' Hard Rock Stadium after last weekend's game, police say
See how every college football coach in US LBM Coaches Poll voted in final Top 25 rankings
Jennifer Lopez is sexy and self-deprecating as a bride in new 'Can’t Get Enough' video
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
South Carolina Republicans back trans youth health care ban despite pushback from parents, doctors
Boeing CEO says company is acknowledging our mistake after Alaska Airlines door blowout
The Coquette Aesthetic Isn't Bow-ing Out Anytime Soon, Here's How to Wear It