Walmart to give new and current employees a raise

Some Walmart workers may get raises. In a memo to employees, Walmart U.S. President and CEO John Verner said the company is taking several steps to invest in its workers, including offering salary increases to current and new employees.

“We expect these raises to bring our average hourly wage in the U.S. above $17.50,” he said.

The pay increase is expected to be reflected in workers’ March 2 pay stubs.

Pay rates vary by location—some employees can expect to earn as much as $19 an hour.

In addition to increasing wages, Walmart said it is investing in other programs to benefit workers.

It is adding new degree and certificate programs to its educational program. Furner said the program covers 100 percent of tuition and fees.

The company said it is also expanding its program to pay supply chain employees to obtain commercial driver’s licenses and become Walmart truck drivers. They can make up to $110,000 in their first year, Furner said.

Walmart is the largest employer in the United States, with nearly 2 million employees.