Wal-Mart will be giving almost all of its more than 1 million hourly store employees a raise next month.

The largest employer in the U.S., Wal-Mart will be hiking its lowest wage to $10 an hour as well as boosting pay for workers who are making above its starting rate.

It's not clear how large the average wage increase will be, but so far the company has said that the raise will amount to at least a 2 percent hike.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.