Current：Home > MarketsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -FutureFinance
The Home Depot says it is spending $1 billion to raise its starting wage to $15
Chainkeen Exchange View
Date：2025-04-09 08:23:43
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！ (62)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- A sweltering summer may be on the way. Will Americans be able to afford AC to keep cool?
- Actor in spinoff of popular TV western ‘Yellowstone’ is found dead, authorities say
- Apple's App Store, Apple TV, other online services go down Wednesday
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Portland, Oregon, schools and after-school program sued after a 9-year-old girl is allegedly raped
- Plea talks ongoing for 3rd man charged in killing of Run-DMC star Jam Master Jay
- Judge appoints special master to oversee California federal women’s prison after rampant abuse
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, First Class
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Delilah Belle Hamlin Debuts Dramatic Bleach Blonde Pixie in Must-See Hair Transformation
- How strong is a 4.8 earthquake? Quake magnitudes explained.
- How are earthquakes measured? Get the details on magnitude scales and how today's event stacks up
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Portland, Oregon, schools and after-school program sued after a 9-year-old girl is allegedly raped
- What to know about next week’s total solar eclipse in the US, Mexico and Canada
- NBA fines 76ers $100,000 for violating injury reporting rules
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Pauly Shore and The Comedy Store sued for assault and battery by comedian Eliot Preschutti
Endangered North Atlantic right whale found dead off Virginia was killed in collision with ship, NOAA says
Apple's App Store, Apple TV, other online services go down Wednesday
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
-
Pauly Shore and The Comedy Store sued for assault and battery by comedian Eliot Preschutti
Buy groceries at Walmart recently? You may be eligible for a class action settlement payment
What to know about the $30 million cash heist in Los Angeles