(THIS ARTICLE IS COURTESY OF TIME NEWS)
(IN THIS BLOG I HAVE KNOCKED THE WALTON FAMILY MANY TIMES BECAUSE OF THEIR CHINA POLICIES AND FOR HOW THEY TREAT THEIR EMPLOYEES SO IN THE VENUE OF HONESTY AND FAIRNESS I NOW APPLAUD THEM FOR THESE MOVES. THERE IS ONE THING I WOULD LIKE YOU TO NOTICE TODAY THOUGH, WATCH WALMART STOCK PRICES GO DOWN TODAY, THIS HAPPENS EVERY TIME A COMPANY GIVES RAISES OR BENEFITS TO THEIR WORKERS, IT IS A SICK REALITY.)
Walmart is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits.
The retailer said Thursday changes that to its compensation and benefits policy will impact more than a million hourly workers in the U.S., with the wage increase effective next month.
The company is also creating a new benefit to assist employees with adoption expenses.