Current：Home > MyThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Clarity Finance Guides
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-13 13:40:04
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！ (64638)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Case that could keep RFK Jr. off New York’s presidential ballot ends
- California lawmaker switches party, criticizes Democratic leadership
- US government will loan $1.45 billion to help a South Korean firm build a solar plant in Georgia
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Man charged in 1977 strangulations of three Southern California women after DNA investigation
- 2024 Olympics: Runner Noah Lyles Says This Will Be the End of His Competing After COVID Diagnosis
- Pocket-sized creatures: Video shows teeny-tiny endangered crocodiles hatch
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- France advances to play USA for men's basketball gold
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- 2024 Olympics: Swimmers Are Fighting Off Bacteria From Seine River by Drinking Coca-Cola
- Maui remembers the 102 lost in the Lahaina wildfire with a paddle out 1 year after devastating blaze
- Shabby, leaky courthouse? Mississippi prosecutor pays for grand juries to meet in hotel instead
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Iranian brothers charged in alleged smuggling operation that led to deaths of 2 Navy SEALs
- Christina Hall Jokes About Finding a 4th Ex-Husband Amid Josh Hall Divorce
- Pocket-sized creatures: Video shows teeny-tiny endangered crocodiles hatch
Recommendation
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Will Steve Martin play Tim Walz on 'Saturday Night Live'? Comedian reveals his answer
USA Olympic Diver Alison Gibson Reacts to Being Labeled Embarrassing Failure After Dive Earns 0.0 Score
US women’s volleyball prevailed in a 5-set ‘dogfight’ vs. Brazil to play for Olympic gold
A White House order claims to end 'censorship.' What does that mean?
Christina Hall Jokes About Finding a 4th Ex-Husband Amid Josh Hall Divorce
USA basketball pulls off furious comeback to beat Serbia: Olympics highlights
Florida sheriff’s deputy rescues missing 5-year-old autistic boy from pond