Walmart Pay Raise and Cuts: A Look at the Changes from 2018 to 2023

In January 2018, Walmart announced that it would raise its starting wage to $11 an hour

In February 2019, Walmart announced that it would raise its starting wage to $12 an hour 

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However, later in 2019, Walmart made some cuts to its workforce, laying off employees in various departments.

In January 2020, average pay for Walmart's worker was $13 per hour and average $14.76. 

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Unfortunately, the COVID-19 pandemic hit in 2020, causing economic uncertainty and forcing many businesses to make difficult decisions. Walmart was not exempt from this, and in 2021, the company announced some cost-cutting measures, including reducing the number of hours worked by some employees.

The minimum wage for staff at its U.S. stores was at range of $14-$19 per hour in 2022

In January 2023, Walmart announced that it would raise the average hourly wage of its associates to more than $17.50 an hour. Minimum $14  .

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In September 2023, Walmart cut starting pay by about $1 for new hires who prepare online orders for curbside pickup or delivery to customers’ homes, and those who restock store shelves .

Walmart is raising pay in 2024: What’s Changing?

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Walmart is gearing up to implement significant changes in employee compensation in 2024. As one of the largest employers globally, Walmart’s decisions on pay have far-reaching implications, and the upcoming pay raise has generated substantial buzz.