Store manager at walmart salary: Store Management Jobs | Walmart Careers

Walmart store manager salary is $175K per year on average

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Thursday, May 9, 2019

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Walmart wants the world to know you can make a really nice living working in its stores.

Walmart wants the world to know you can make a really nice living working in its stores.

The company has about 4,700 store managers in the United States and they earn an average of $175,000 a year, Walmart said in social governance report Wednesday.

Walmart, the United States’ largest private employer, has been criticized for its $11 minimum wage – including by its rival Amazon. But Walmart said it has raised its starting wages in the United States by more than 50% over the past three years. Including benefits and bonuses, the average wage for a full-time, hourly worker at Walmart is $14. 26 an hour. Walmart’s department managers can also earn up to $24.70 per hour.

Walmart employs more than 1.5 million workers in the United States. Women make up 55% of its workforce, while people of color make up 44%, the company said.

Retail jobs provide “a gateway to upward mobility for millions of people,” said Walmart.

“We’re investing in our associates through wages along with better educational opportunities, benefits and training,” CEO Doug McMillon said in the report.

Walmart has expanded paid-time off and parental leave policies in recent years and introduced Walmart Academy to train workers in advanced skills. As a result, Walmart said its worker turnover is at a five-year low.

Climate change was another area of focus in Walmart’s report.

“We believe climate change is likely to affect national economies and supply chains around the world through potential effects such as lower crop yields, increased health costs and storm damage,” the company said.

Walmart said it aims to reduce its carbon emissions by 18% by 2025 from 2015 levels. The company says it’s on track to reduce 1 billion metric tons of emissions from its global supply chains by 2030.

(The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company. All rights reserved.)

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Average Walmart Salary By Location, Job Title, and Department

Updated August 22, 2022

$15.

20hourly

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$31,618 yearly

Entry level Salary

$19,000

yearly

$19,000

10 %

$31,618

Median

$50,000

90 %

Highest Paying Jobs At Walmart

While Walmart employees earn an average yearly salary of $31,618, different roles can command different wages. The higher paying positions at Walmart include software engineer, co-manager, inventory management specialist, and department manager. A worker with the title software engineer salary at Walmart can earn an average yearly salary of $123,821. Some of the other roles at Walmart are stock clerk and deli associate. A worker with the title stock clerk at Walmart earns an average salary of $27,476 per year.

Highest Paying Jobs At Walmart

Rank	Job Title	Average Walmart Salary	Hourly Rate
1	Software Engineer	$123,821	$59. 53
2	Co-Manager	$58,417	$28.09
3	Inventory Management Specialist	$54,494	$26.20
4	Department Manager	$45,665	$21.95
5	Customer Service Manager	$42,713	$20.54
6	Stock Unloader	$37,134	$17.85
7	Zone Merchandise Supervisor	$36,953	$17.77
8	Forklift Operator	$35,817	$17.22
9	Merchandising Supervisor	$34,874	$16.77
10	Warehouse Worker	$34,650	$16.66
11	Pharmacist Technician	$33,083	$15.91
12	Inventory Control Specialist	$32,574	$15.66
13	Optician	$32,310	$15.53
14	Order Filler	$32,213	$15. 49
15	Truck Unloader	$32,180	$15.47
16	Cart Pusher	$31,698	$15.24
17	Overnight Stocker	$30,920	$14.87
18	Night Stocker	$30,846	$14.83
19	Customer Service Representative	$30,530	$14.68
20	Cake Decorator	$30,486	$14.66

Highest Paying Walmart Competitor Salaries

Some of the competitors of Walmart are Rite Aid, Costco Wholesale, and Best Buy. The wages at Rite Aid average higher than the other similar companies, where the median salary is $37,918 per year. The salaries at Costco Wholesale average $37,025 per year, and the salaries at Best Buy come in at $35,705 per year.

Salaries By Walmart Competitors

Rank	Company Name	Zippia Score	Average Salary
1	Rite Aid	4. 7	$37,918
2	Costco Wholesale	4.8	$37,025
3	Best Buy	4.7	$35,705
4	Target	4.7	$35,229
5	Dollar General	4.8	$32,035
6	The Home Depot	4.8	$31,965
7	Sears Holdings	4.4	$31,936
8	Walgreens	4.5	$31,612
9	Publix	4.8	$31,485
10	Kroger	4.7	$31,390
11	Sam’s Club	4.2	$30,602
12	Kohl’s	4.4	$30,490
13	Lowe’s Companies	4.8	$30,203
14	Macy’s	4.6	$30,203
15	Dollar Tree	4.6	$29,519
16	Kmart	4.8	$29,072
17	JCPenney	4. 4	$28,425
18	Ross Stores	4.4	$28,233
19	Burlington	4.5	$27,926
20	Toys”R”Us	4.8	$27,317

Average Pay By State For Walmart

Rank	State	Average Walmart Salary	Hourly Rate
1	New York	$36,786	$17.69
2	California	$35,947	$17.28
3	New Jersey	$34,374	$16.53
4	Illinois	$32,440	$15.60
5	Wisconsin	$32,434	$15.59
6	Pennsylvania	$32,323	$15.54
7	Virginia	$31,958	$15.36
8	Michigan	$31,804	$15.29
9	Utah	$29,602	$14. 23
10	North Carolina	$29,191	$14.03
11	New Mexico	$29,038	$13.96
12	Texas	$28,770	$13.83
13	Arkansas	$28,097	$13.51

How Much Does Walmart Pay By Location?

When choosing a place to work, it’s important to factor in the cost of living when negotiating a salary. At Walmart, the employees are paid different salaries depending on their location. The city with the highest average salary is Washington, DC, where employees earn an average salary of $38,890. Walmart Employees in New York, NY don’t earn quite as much. The median salary in New York, NY is $36,749.

Salaries By Location At Walmart

Rank	Location	Average Walmart Salary	Hourly Rate
1	Washington, DC	$38,890	$18.70
2	New York, NY	$36,749	$17. 67
3	Sunnyvale, CA	$36,310	$17.46
4	Seattle, WA	$36,120	$17.37
5	New Haven, CT	$35,160	$16.90
6	Hoboken, NJ	$34,473	$16.57
7	Manchester, NH	$33,945	$16.32
8	Baltimore, MD	$33,809	$16.25
9	Portland, OR	$33,555	$16.13
10	Wilmington, DE	$33,212	$15.97
11	Denver, CO	$32,726	$15.73
12	Chicago, IL	$32,670	$15.71
13	Reston, VA	$32,667	$15.71
14	Milwaukee, WI	$32,453	$15.60
15	Philadelphia, PA	$32,429	$15.59
16	Phoenix, AZ	$31,550	$15. 17
17	Columbus, OH	$31,230	$15.01
18	Sparks, NV	$29,771	$14.31
19	Cheyenne, WY	$29,763	$14.31
20	Indianapolis, IN	$29,713	$14.29

Walmart Salaries By Department

The salaries that employees earn in Walmart can be influenced by the department or organization function that they work in. Based on our analysis, the employees in engineering earn salaries at Walmart that are well above average, with yearly earnings averaging $131,738. The healthcare department also pays well, with an average salary of $39,432 per year. Departments that don’t pay as well at Walmart include the hospitality/service and sales organizational functions, with employees earning $28,796 and $29,722, respectively.

Salaries By Department At Walmart

Rank	Department	Average Walmart Salary	Hourly Rate
1	Engineering	$131,738	$63. 34
2	Healthcare	$39,432	$18.96
3	Customer Service	$37,068	$17.82
4	Facilities	$34,367	$16.52
5	Supply Chain	$32,029	$15.40
6	Warehouse	$31,944	$15.36
7	Retail	$31,060	$14.93
8	Sales	$29,723	$14.29
9	Hospitality/Service	$28,797	$13.84

How Much Does Walmart Pay by Department?

Best Paying Walmart Retail Position Salaries

Rank	Position	Average Walmart Salary	Hourly Rate
1	Co-Manager	$58,417	$28.09
2	Department Manager	$45,665	$21.95
3	Zone Merchandise Supervisor	$36,953	$17. 77
4	Merchandising Supervisor	$34,874	$16.77
5	Assistant Manager	$34,578	$16.62
6	Stockman	$32,725	$15.73
7	Cart Pusher	$31,698	$15.24
8	Cart Attendant	$31,342	$15.07
9	Baker	$30,752	$14.78
10	Electronics Sales Associate	$30,623	$14.72
11	Cake Decorator	$30,486	$14.66
12	Cashier	$29,470	$14.17
13	Courtesy Associate	$29,216	$14.05

Best Paying Walmart Warehouse Position Salaries

Rank	Position	Average Walmart Salary	Hourly Rate
1	Inventory Management Specialist	$54,494	$26. 20
2	Stock Unloader	$37,134	$17.85
3	Order Selector	$36,371	$17.49
4	Forklift Operator	$35,817	$17.22
5	Warehouse Worker	$34,650	$16.66
6	Loader	$33,278	$16.00
7	Inventory Control Specialist	$32,574	$15.66
8	Material Handler	$32,424	$15.59
9	Order Filler	$32,213	$15.49
10	Truck Unloader	$32,180	$15.47
11	Picker And Packer	$32,123	$15.44
12	Receiving Associate	$31,700	$15.24
13	Receiving Clerk	$31,328	$15.06
14	Overnight Stocker	$30,920	$14.87
15	Night Stocker	$30,846	$14. 83
16	Sorter	$30,743	$14.78
17	Overnight Stock Associate	$30,429	$14.63
18	Stower	$29,193	$14.04

Best Paying Walmart Sales Position Salaries

Recently Added Walmart Salaries

Frequently Asked Questions About Walmart Salaries

Is The Pay Good At Walmart?

Yes, the pay is good at Walmart. Compared to the industry average of $31,415 per year, the average annual salary at Walmart is $31,618, which is 0.65% higher.

What Is The Starting Pay At Walmart?

The starting pay at Walmart is $19,000 per year, or $9. 13 per hour.

How Much Does Walmart Pay Compared To The Home Depot?

Walmart pays $31,618 per year on average compared to The Home Depot which pays $31,965. That works out to $15.20 per hour at Walmart, compared to $15.37 per hour at The Home Depot.

How Much Does Walmart Pay An Hour?

Walmart pays $15.20 an hour, on average.

How Do I Get Pay Stubs From Walmart After Quitting?

You get pay stubs from Walmart after quitting by contacting Walmart’s Payroll Services Department. This department can then mail you copies of your pay stubs.

How Much Does Walmart Pay 16-year-olds?

Walmart pays 16-year-olds an average of $11.14 per hour. At most Walmart locations, a 16-year-old employee will have the position of a cashier or front service clerk. In most cases, the pay for these positions ranges from $8 to $14 per hour. There are some positions that require a minimum age of 18 years old.

What Is The Salary Of The Ceo Of Walmart?

The salary of the CEO of Walmart is $25. 7 million per year. Doug McMillon is the current CEO of Walmart and had a salary increase last year in 2021. In 2020, Doug McMillion had an annual salary of $22.6 million.

When Does Walmart Pay?

Walmart pays its employees once every two weeks. The bi-weekly payments are usually made on Thursdays.

Have more questions? See all answers to common company questions.

Search For Jobs

Zippia gives an in-depth look into the details of Walmart, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Walmart. The employee data is based on information from people who have self-reported their past or current employments at Walmart. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, h2B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Walmart. The data presented on this page does not represent the view of Walmart and its employees or that of Zippia.

Walmart may also be known as or be related to Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018), Wal-Mart Neighborhood Market, Wal-Mart Stores, Inc., Walmart, Walmart Inc, Walmart Inc. and walmart supercenter.

Average and minimum wages in Canada in 2022 Our Vancouver

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Life in Canada

Anna Green

– September 19, 2022, 6:12 AM

How much do people earn in Canada?

Canada is a country with a high standard of living, where wages allow citizens to live well and be confident in the stability of their well-being.

Salaries in Canada vary from province to province.

Content:

1. What is the average salary in Canada?
2. Average salary in Canada by province
3. Minimum wage in Canada in 2022
4. Average salary in Canada by industry
5. Average salary of foreign workers (immigrants) in Canada
6. Salaries of the highest paid and most in-demand occupations in Canada in 2022
7. Truck driver salary and job in Canada
8. Salary and work of a nurse in Canada
9. Canadian labor market data
10. Taxes in Canada
11. Salary in Canada by industry: full list

What is the average salary in Canada

As of the beginning of 2022, the average salary for Canadian employees was $57,630 per year , according to the latest data from Statistics Canada.

Average salary in Canada by province and territory

Over the past year, wages have increased in many provinces. Nunavut saw the largest increase in wages, up 20.1%.

The median income in Nunavut is now $87,355. British Columbia is in second place with a 5.6% increase in wages.

Canadian Minimum Wage

As elsewhere, the Canadian minimum wage is the legal minimum wage in the country below which you cannot be paid for work.

Current Canadian minimum wage in 2022:

Changes: Every year in April in many provinces, the minimum wage is adjusted to take into account the consumer price index.

Not subject to the minimum wage rule:

• Workers with physical disabilities
• Workers under 17
• Household and child care workers, sick/elderly workers
• Farm workers
• Workers without previous work experience
• Other employees (charitable or religious organizations, students in practice, etc.)

Note: there are exceptions in each category, depending on the province and type of profession

So the highest minimum wage in Canada is $16. 00/hour in Nunavut and the lowest is $11.81 in Saskatchewan.

Assuming you worked full time for minimum wage and were paid a full 40 hours a week, you would earn between $24,400 and $33,280 per year. to better understand what the level of salaries in Canada is, consider the average for individual industries.

Currently, the most highly paid sectors are the oil and gas industry, utilities, and company and enterprise management.

The lowest paid jobs tend to be in the hospitality, catering, retail, and arts sectors.

Here is the average Canadian salary by industry (based on the North American Industrial Classification System 2012)

Average salary of temporary foreign workers (immigrants) in Canada

Canadian employers who hire foreign workers look at average hourly wages in provinces and territories to know what wages to offer to foreigners under the Foreign Temporary Workers Program (TFWP).

Average Hourly Wages for Temporary Foreign Workers in Canada

Salaries by Occupation: The Highest Paid and In-Demand Occupations in Canada in 2022

Here are the TOP 21 High-Paid Occupations that will be in demand in Canada from 2021-2024.

(Note: based on salary information from Neuvoo and other professional resource sites)

Registered Nurse

• Annual Income: $41,396 to $128,655
• Average annual salary: $80,056

Licensed Practical Nurse

• Annual Income: $31,683 to $97,602
• Average annual salary: $55,429

Occupational Therapist

• Annual income: $34,964 to $102,102
• Average annual salary: $76,542

Physiotherapist

• Annual income: $31,997 to $102,102
• Average annual salary: $76,806

Respiratory Therapist

• Annual Income: $32,628 to $100,718 90,004
• Average annual salary: $64,925

Massage Therapist

• Annual income: $27,440 to $99,450
• Average annual salary: $58,500

Audiologist

• Annual income: $55,456 to $107,738
• Average annual salary: $68,708

Chiropractor

• Annual income: $42,872 to $103,181
• Average annual salary: $88,813

Optician

• Annual income: $29,250 to $65,000
• Average annual salary: $49,850

Psychologist

• Annual income: $59,860 to $132,500
• Average annual salary: $95,367

Physician

• Annual income: $20,000 to $331,500
• Average annual salary: $200,000

Dentist

• Annual income: $61,000 to $208,000
• Average salary for the year: $116,257

Aerospace Engineer

• Annual income: $51,000 to $123,350
• Average annual salary: $89,700

Engineering Technologist

• Annual income: $34,764 to $85,000
• Average salary for the year: $56,010

Statistician

• Annual income: $56,578 to $116,995
• Average annual salary: $83,590

Information Systems Analyst

• Annual income: $43,500 to $100,000
• Average annual salary: $75,933

Software Engineer

• Annual income: $52,000 to $156,757
• Average annual salary: $105,000

Graphic Designer

• Annual income: $27,320 to $77,922
• Average annual salary: $49,964

Interior Designer

• Annual income: $7,836 to $85,000
• Average salary per year: $56,550

Truck Driver

• Annual income: $35,225 to $75,000
• Average salary per year: $48,750

Teacher

• Annual income: $28,800 to $66,300
• Average salary per year: $41,997

Truck driver salary and job in Canada

High demand for truck drivers (HGV Drivers) remains an ongoing problem in Canada.

The Canadian trucking industry is projected to face a shortage of 48,000 truckers by 2024, so there are excellent opportunities for those who want to immigrate to Canada in this profession.

The salary of a truck driver in Canada depends on several factors:

• Home cities of the transport company. In the Northwest Territories, due to expensive goods and the increased danger of working on winter roads, salaries will be expected to be higher than in the same capital, Ottawa.
• Distances for which transportation is carried out. Drivers on long-haul Vancouver-Halifax flights, lasting 6 days each way, get more than “local delivery” in neighboring provinces.

As a rule, a truck driver can spend up to 14 days on the road, working 12 hours a day, with a break of three days.

Average salaries range from $46,000 to $66,000, although drivers often receive bonuses per mile to earn more.

.03

Saskatchewan – $24.96

Newfoundland and Labrador – $23. 74

Salary and work as a nurse in Canada

Registered/Licensed Nurse work in Canada is prestigious.

But, despite this, there is a shortage of specialists in this field in the country. Therefore, foreigners with nursing education have an excellent opportunity to immigrate to Canada due to their profession.

Types (categories) of nurses in Canada

In Canada, there are categories of nurses:

• Licensed Practical Nurse (LPN). A specialist of this level, in addition to standard patient care and monitoring of their condition, can administer injections, dispense medications, and fill out all advanced patient documentation. Nurses in this category are also involved in equipment sterilization.
• Registered Nurse Practitioner (RN). These are high-level employees who specialize in training and monitoring LPN, filling out all documents. RN has a different type of license. A specialist of this level must have a bachelor’s degree (Bachelor’s Degree in Nursing), which makes it possible to carry out elementary operations and issue appointments.

Foreign-trained nurses are more likely to start as a Licensed Practical Nurse and then upgrade to a Registered Nurse.

Nursing training requirements may vary by region of the country. All specialists, without exception, must pass the NCLEX state exam in order to obtain an official license.

Nursing salaries in Canada vary by province and territory, and by practice.

According to ca.indeed.com, Registered Nurse earns on average $37.50- $41.09 /hour ($80,118 per year), and a Licensed Practical Nurse earns $29.20 (average $55,412 per year). Additional hours and night calls are compensated at double the rate.

Canadian labor market data

Unemployment rate – 5.9% (data for September 2022)

Working population – 20,583,200

Average weekly earnings – $1,133.93 (September 2022)

Gender pay gap

Women in Canada earn less than men. The difference in salary is noticeable immediately after university, and over time it only increases. On average, women earn $5,700 less per year than men. 5 years after graduation, this difference increases to $17,000 (or 25%).

One year after graduation, the lowest wage gap (2%) is among those with professional degrees. The highest difference, at 21%, is for those with college degrees. Women with a master’s degree also earn about 17% less than their male counterparts.

How has the coronavirus pandemic affected the Canadian labor market?

The initial impact of the COVID-19 pandemic was sharp and rapid. In the first two months, March and April 2020, Canada lost more than three million jobs.

The worst months were April and May, and the recovery was strong at first, with about 2.4 million jobs added between May and September. However, between September and October, the pace of recovery slowed as the second wave of COVID-19 grew..

Between the end of March and October 2020, 8. 9 million Canadians applied for the government’s CERB Emergency Benefit.

In September 2021, employment in Canada finally reached pre-pandemic levels.

The economy has recouped 3 million jobs lost over a year ago, adding 157,000 jobs in September.

Statistics Canada said the data does not take into account population growth and a number of other factors. The economy needs 110,000 to 270,000 more jobs to fully recover from the effects of the pandemic. This will not happen before 2022.

In September 2021, wages increased by 1.7% compared to last year and by 4.6% compared to 2019. , catering, medicine, services. The number of open positions peaked in the second quarter of 2021 on record since 2015.

Taxes in Canada in 2022

The obligation to pay taxes in Canada lies with everyone who has a permanent residence in the country. Moreover, according to the law, this applies to all Canadian residents living here for more than 183 days.

Payroll taxes are the most important tax item for working citizens.

This type of tax directly depends on its amount and can reach 33%, which is considered one of the highest rates in the world. At the same time, in order to pay this amount of tax, you must have an income per year in excess of $ 221,708. In most cases, for employees, the annual tax is at around 20%.

Canadian federal tax

The main tax payment for individuals is income tax, which in Canada is called federal. As in other developed countries, income tax in Canada has a progressive payment scale at the following rates in 2022:

• 15% – on the first $50,197,;
• 20.5% – from $50,197 to $100,392
• 26% – from $100 392 – $155 625
• 29% – from $155,625 – $221,708
• 33% – from $221 708

An important point in Canada’s tax system is the tax refund point. Despite the fact that a person pays taxes every month, at the end of the year he has the right to apply for a tax refund – tax return.

You do not need to attach additional papers for evidence. There is an honestly completed declaration, and there are honestly returned excess taxes.

It is important that the provincial income tax rate can vary greatly from province to province.

Salary in Canada by industry

Sales and marketing – average salary per year $57810

Sales Representative – $43,779

Sales Manager – $ 70112

Cleaner – $ 80000

Development Manager – $ 85000

Foreign sales – $ 80000

Marketing Management – $ 49274

Marketing Coordinator – $ 487509

TABLEA 60 000

Product Manager – $77,932

Real Estate Agent – $66,917

Information technology – average salary $81690 per year

Programmer / Developer – $74,997

Software Engineer – $105000

Front End – $

Business Intelligence – $82976

Support Technician – $48750

System Administrator – $76,564

Kindergartens and education – industry average $53125 per year

Tutor – $39,000

Teacher – $42,000

Professor – $111,437

Accounting, Administration – average salary $ 50833 per year

Accountant – $58441

Auditor – $ 58799

Accountant / Clerk – $ 41600

Executive Assistant – $54586

Administrative Assistant – $41453

Office Manager – $49993

Data Entry Worker – $31997

Construction and maintenance – industry average $55060 per year

Mechanic – $60198

Electrician – $67,015

Installer – $66,300

Forklift operator – $35,100

Maintenance Technician – $49257

Welder – $42900

Plumber – $65138

Painter – $41703

Engineering – average salary $80947 per year

Design Engineer – $79,661

Electrical Engineer – $76513

Environmental Engineer – $85137

Mechanical Engineer – $71409

Project Engineer – $83340

Systems Engineer – $89620

Finance – average salary $71870 per year

Financial Analyst – $72,501

Controller – $

Financial Manager – $99919

Financial Services – $60200

Branch Manager – $72500

Banking – $36101

Health and Human Services – Average salary $66,253 per year

Nurse – $78,546

Therapist – $76411

Medical Practitioner – $101994

Nurse – $28275

Social Worker – $75065

Transport – average salary $43786 per year

Truck Driver – $52,850

Dispatcher – $42803

Courier – $44850

Bus driver – $39928

Logistics Coordinator – $42,500

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In the US, retailers raise wages

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American retailers and service companies are raising salaries to attract employees, but this has not yet prevented their profits from growing. Interfax-Kazakhstan writes about this with reference to the Wall Street Journal.

So, Target Corp. , which operates a chain of retail stores, plans to allocate an additional $300 million this year in payroll, including pay increases and other benefits. Starting wages for store and supply chain workers will range from $15 to $24 an hour, the company said.

Costco Wholesale Corp. , the operator of the US’s largest club warehouse chain, is set to raise its starting wage to $17.5 an hour in March. The salary of some employees (in particular, those involved in logistics and supplies) can reach $ 28.5 per hour, said Richard Galanti, CFO of the company.

Walmart Inc. , the largest retailer in the US, said last September that it plans to increase employee pay to at least $12 an hour. Starting salaries at Walmart stores currently range from $12 to $26 an hour, and can go up to $28 an hour in sourcing departments.

Employees at Amazon.com Inc , the world’s largest online retailer, start at least $15 an hour and average $18 an hour.

Big US retailers are raising salaries to staff and provide better customer service in the face of rising prices, and to make labor costs more predictable, said Andrew Gadomsky, managing director of US analytics firm Aspen Analytics.

Many US retailers have wage adjustments based on the cost of living in a given region of the US. At the same time, store employees often receive fewer warehouse workers, the WSJ notes.

Overall, according to the US Department of Labor, employers’ payroll costs in the fourth quarter of 2021 were 4% higher than a year earlier.

Despite the increase in these costs, retailers’ profits are rising thanks to strong sales and control of other expenses. Target’s net income for fiscal year 2020, which ended January 31, 2021, was up 33.1% year-over-year.

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