Current：Home > MarketsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Stellar Wealth Sphere
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-20 03:03:15
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！ (367)
Related
- Meta releases AI model to enhance Metaverse experience
- Jets’ McCutcheon has made mental health awareness his mission since best friend’s death in 8th grade
- Georgia prosecutors committed ‘gross negligence’ with emails in ‘Cop City’ case, judge says
- The difference 3 years makes for Sha'Carri Richardson, fastest woman in the world
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- A night in Paris shows how far US table tennis has come – and how far it has to go
- American doubles specialists Ram, Krajicek shock Spanish superstars Nadal, Alcaraz
- Christina Applegate Details the Only Plastic Surgery She Had Done After Facing Criticism
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Olympic triathletes don't worry about dirty water, unlike those of us on Germophobe Island
Ranking
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- 'Black Swan murder trial' verdict: Ashley Benefield found guilty of manslaughter
- 'General Hospital' star Cameron Mathison and wife Vanessa are divorcing
- Nicola Peltz Beckham accuses grooming company of 'reckless and malicious conduct' after dog's death
- Average rate on 30
- Rudy Giuliani agrees to deal to end his bankruptcy case, pay creditors’ financial adviser $400k
- Utah congressional candidate contests election results in state Supreme Court as recount begins
- Fed leaves key interest rate unchanged, signals possible rate cut in September
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Watch: Orioles' Jackson Holliday crushes grand slam for first MLB home run
US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall
Deion Sanders' son Shilo accused of trying to 'avoid responsibility' in bankruptcy case
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Elon Musk is quietly using your tweets to train his chatbot. Here’s how to opt out.
How Nebraska’s special legislative session on taxes came about and what to expect
Hailey Merkt, former 'The Bachelor' contestant, dies at 31