Current：Home > NewsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -WealthEngine
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-15 05:36:58
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！ (9)
Related
- Highlights from Trump’s interview with Time magazine
- With 2024 being a UK election year, the opposition wants an early vote. PM Rishi Sunak is in no rush
- The Book Report: Ron Charles' favorite novels of 2023
- Former cycling world champ Rohan Dennis reportedly charged after Olympian wife Melissa Hoskins killed by car
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Kaitlyn Bristowe Disappointed in Ex Jason Tartick for Leaning Into the Victim Mentality After Breakup
- King’s daughter says wars, gun violence, racism have pushed humanity to the brink
- 2 Mass. Lottery players cash $1 million tickets on the same day
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Stylish & Useful Outdoor Essentials for Those Trying to Get Out More This Year
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Father, son in Texas arrested in murder of pregnant teen Savanah Soto and boyfriend
- Houthis launch sea drone to attack ships hours after US, allies issue ‘final warning’
- NFL Week 18 picks: Will Texans or Colts complete final push into playoffs?
- Why members of two of EPA's influential science advisory committees were let go
- Chick-fil-A is bringing back Mango Passion Sunjoy, adding 3 new drinks: How you can order
- Ahead of James Patterson's new book release, the author spills on his writing essentials
- Putin speeds up a citizenship path for foreigners who enlist in the Russian military
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
The AP Top 25 remains a college basketball mainstay after 75 years of evolution
Nepal bars citizens from going to Russia or Ukraine for work, saying they are recruited as fighters
'Bright as it was in 2020' Glowing bioluminescence waves return to Southern California beaches
Rylee Arnold Shares a Long
FACT FOCUS: Images made to look like court records circulate online amid Epstein document release
Police say there has been a shooting at a high school in Perry, Iowa; extent of injuries unclear
Sierra Leone’s former president charged with treason for alleged involvement in failed coup attempt