Current：Home > FinanceThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -RiskWatch
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-16 01:08:15
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！ (912)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Bipartisan child care bill gets Gov. Eric Holcomb’s signature
- Florida woman found dead on cruise ship, Bahamas police say
- Duty, Honor, Outrage: Change to West Point’s mission statement sparks controversy
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Achsah Nesmith, who wrote speeches for President Jimmy Carter, has died at age 84
- A Mississippi police officer made an arrested man lick urine off jail floor, court document says
- Cashews sold by Walmart in 30 states and online recalled due to allergens
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- What happens if you eat mold? Get to know the risks, according to a doctor
Ranking
- Meet first time Grammy nominee Charley Crockett
- A critical Rhode Island bridge will need to be demolished and replaced
- Connecticut considering barring legacy admissions at private colleges, in addition to public ones
- Christie Brinkley diagnosed with skin cancer during daughter's checkup
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Save $60 on the TikTok-Viral Touchless Vacuum That Makes Sweeping Fun & Easy
- 'All in'? Why Dallas Cowboys' quiet free agency doesn't diminish Jerry Jones' bold claim
- Hunter Biden trial on felony gun charges tentatively set for week of June 3
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Interior Department will give tribal nations $120 million to fight climate-related threats
Kamala Harris visits Minnesota clinic that performs abortions: We are facing a very serious health crisis
Can you retire for less than $1M? Not in these states: Priciest states to retire
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
-
Can you retire for less than $1M? Not in these states: Priciest states to retire
Report finds flawed tactics, poor communication in a probe of New Mexico trooper’s death
Lionel Messi wears new Argentina Copa America 2024 jersey kit: Check out the new threads