Current：Home > FinanceThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Infinite Edge Capital
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-27 12:54:44
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！ (1)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- A generational commitment is needed to solve New Mexico’s safety issues, attorney general says
- Eric Trump wraps up testimony in fraud trial, with Donald Trump to be sworn in Monday
- Supreme Court will rule on ban on rapid-fire gun bump stocks, used in the Las Vegas mass shooting
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- UN officials says the average Gazan is living on two pieces of bread a day, and people need water
- FTC lawsuit alleges Amazon tried to pull a fast one on consumers with secret price gouging
- Judge, citing Trump’s ‘repeated public statements,’ orders anonymous jury in defamation suit trial
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- From soccer pitch to gridiron, Cowboys kicker Brandon Aubrey off to historic NFL start
Ranking
- The Best Stocking Stuffers Under $25
- Aldi releases 2023 Advent calendars featuring wine, beer, cheese: See the full list
- What sodas do and don't have BVO? What to know about additive FDA wants to ban
- New York City Marathon: Everything there is to know about this year's five-borough race
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Former Memphis cop agrees to plea deal in Tyre Nichols' beating death
- E-cigarette and tobacco use among high school students declines, CDC study finds
- Satellites and social media offer hints about Israel's ground war strategy in Gaza
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Officer who shot Breonna Taylor says fellow officer fired ‘haphazardly’ into apartment during raid
Riley Keough Debuts Jet-Black Hair in Dramatic Transformation
Indiana AG Rokita reprimanded for comments on doctor who provided 10-year-old rape victim's abortion
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
We asked Hollywood actors and writers to imagine the strikes on screen
Millions of dollars of psychedelic mushrooms seized in a Connecticut bust
Cuylle has tiebreaking goal in Rangers’ 6th straight win, 2-1 win over Hurricanes