Current：Home > MarketsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -TruePath Finance
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-12 00:18:52
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！ (24)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Bad weather hampers search for 2 who went over waterfall in Minnesota’s Boundary Waters Canoe Area
- Former Florida Gators, Red Sox baseball star arrested in Jacksonville child sex sting
- State Supreme Court and Republican congressional primary elections top Georgia ballots
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
- Sun Chips have been a favorite snack food for decades. But are they healthy?
- I’m an Editor Who Loves Bright, Citrus Scents and These Perfumes Smell Like Sunshine
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- During arraignment, Capitol riot defendant defiantly predicts Trump will win election and shutter Jan. 6 criminal cases
Ranking
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- CBS News surprises Pope Francis with gift inspired by detail in his book
- Iran's President Ebrahim Raisi killed in helicopter crash along with foreign minister, state media confirm
- Explore Minnesota tourism capitalizes on Anthony Edwards' viral Bring ya a** comment
- Trump's 'stop
- Clark signs multiyear deal with Wilson Sporting Goods for signature basketball line
- Victoria Monét drops out of June music festival appearances due to 'health issues'
- Massachusetts Senate weighs tuition-free community college plan
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Perfect Match Trailer Reveals This Love Is Blind Villain Is Joining the Cast
Graceland is not for sale, Elvis Presley’s granddaughter Riley Keough says in lawsuit
Cristiano Ronaldo, 39, to play for Portugal in his sixth UEFA Euro Championship
B.A. Parker is learning the banjo
Demi Moore talks full-frontal nudity scenes in Cannes-premiered horror movie 'The Substance'
Dying ex-doctor serving life for murder may soon be free after a conditional pardon and 2-year wait
Jason Momoa seemingly debuts relationship with 'Hit Man' star Adria Arjona: 'Mi amor'