Credit: Big retail boosts hourly wages amid surging demand
admin | March 20, 2020
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Target and Amazon are among retailers temporarily boosting hourly wages, paying bonuses to workers and expanding paid-leave policies as they hire thousands of additional employees to handle the surge in business from social distancing efforts. Walmart has also said it will hire up to 150,000 additional staff and is offering bonus payments, but has not increased their lowest hourly wage which starts at $11 per hour. Traditional grocery stores engaged in similar efforts are promising staff higher wages for at least several weeks. The Bloomberg article is here. Sources: Bloomberg, APS.
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