Current：Home > InvestThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Prime Money Path
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-18 13:37:08
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！ (6745)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Proof Taylor Swift Is a Member of Travis Kelce's Squad With His Friends
- Dyson Airwrap vs. Revlon One-Step Volumizer vs. Shark FlexStyle: Which Prime Day Deal Is Worth It?
- Grazer beats the behemoth that killed her cub to win Alaska’s Fat Bear Contest
- What to watch: O Jolie night
- These Amazon Prime Day Sweaters Are Cute, Fall-Ready & Start at $19
- Man arrested in Michigan and charged with slaying of former Clemson receiver in North Carolina
- Shop Amazon's October Prime Day 2024 Best Kitchen Deals & Save Up to 78% on KitchenAid, Ninja & More
- Average rate on 30
- Justin Timberlake Suffers Injury and Cancels New Jersey Concert
Ranking
- Bodycam footage shows high
- Yes, voter fraud happens. But it’s rare and election offices have safeguards to catch it
- NCAA cracking down on weapon gestures toward opponents in college football
- News media don’t run elections. Why do they call the winners?
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Florida hospitals and health care facilities in Hurricane Milton’s path prepare for the worst
- Supreme Court rejects R. Kelly's child sexual abuse appeal, 20-year sentence stands
- Dream Builder Wealth Society: A Blueprint for Future Wealth
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Love Island USA’s Hannah Smith Arrested and Charged With Making Terroristic Threats
The Deepest Discounts From Amazon's October Prime Day 2024 - Beauty, Fashion, Tech & More up to 85% Off
Kelsea Ballerini Unpacks It All in Her New Album -- Here's How to Get a Signed Copy
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Dream Builder Wealth Society: Love Builds Dreams, Wealth Provides Support
Reese Witherspoon and Ryan Phillippe's Daughter Ava Phillippe Reveals How to Pronounce Her Last Name
October Prime Day 2024: Fetch the 29 Best Pet Deals & Score Huge Savings on Furbo, Purina, Bissell & More