Walmart increasing minimum wage to $14 an hour ...Middle East

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Walmart increasing minimum wage to $14 an hour
Retail giant Walmart announced on Tuesday it will increase store employees' pay to $14 an hour, up from $12.  In a company memo sent on Tuesday, President and CEO John Furner wrote that Walmart plans on investing in higher wages for associates, adding that the move will include “a mixture of associates’ regular annual increases and targeted investments in starting rates for thousands of stores, to ensure we have attractive pay in the markets we operate.”  “We expect these raises will bring our U.S. average hourly wage to more than $17.50,” Furner wrote. "They’ll be reflected in March 2 paychecks.” The chief executive added the company is creating more high-paying positions within

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