Current：Home > InvestThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Wealth Legacy Solutions
The Home Depot says it is spending $1 billion to raise its starting wage to $15
PredictIQ Quantitative Think Tank Center View
Date：2025-03-11 08:25:46
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！ (644)
Related
- Highlights from Trump’s interview with Time magazine
- Michigan Supreme Court action signals end for prosecution in 2014 Flint water crisis
- Ottawa Senators must forfeit first-round pick over role in invalidated trade
- College Football Playoff rankings winners, losers: Do not freak out. It's the first week.
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Where Dorit Kemsley's Marriage Really Stands After Slamming Divorce Rumors
- Can pilots carry guns on commercial flights? Incident on Delta plane raises questions
- Connecticut officer charged with assault after stun gunning accused beer thief
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Watch Long Island Medium’s Theresa Caputo Bring Drew Barrymore Audience Member to Tears
Ranking
- Rylee Arnold Shares a Long
- 80-foot Norway spruce gets the nod as Rockefeller Center Christmas tree, will be cut down next week
- WayV reflects on youth and growth in second studio album: 'It's a new start for us'
- Schitt's Creek Star Emily Hampshire Apologizes for Johnny Depp and Amber Heard Halloween Costume
- Intel's stock did something it hasn't done since 2022
- Israel aid bill from House is a joke, says Schumer, and Biden threatens veto
- A magnitude 6.1 earthquake has shaken the Timor region of Indonesia
- Facing elimination in World Series, D-backs need All-Star performance from Zac Gallen in Game 5
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Alabama parents arrested after their son's decomposing body found in broken freezer
Fourth Wing TV Show Is Taking Flight Based on The Empyrean Book Series
'Selling Sunset' returns for 7th season: Release date, cast, trailer, how to watch
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Dancing With the Stars Makes Surprise Elimination on Halloween Night
'All the Light We Cannot See': Release date, cast, trailer, how to watch new series
Natalee Holloway’s confessed killer returns to Peru to serve out sentence in another murder