Home Depot says it’ll raise pay for US, Canadian employees | News and Gossip

#trending | Home Depot says it’ll raise pay for US, Canadian employees – ABC News: US

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Home Depot is investing $1 billion in wage will increase for its US and Canadian hourly employees, with beginning pay not less than $15/hr. This is a part of a pattern of massive retailers elevating wages to draw employees in a robust job market. The pay raises may additionally help Home Depot avoid a unionization marketing campaign. 90% of retailer management began as hourly employees. The corporate employs 437,000 in the US and 34,000 in Canada.

Home Depot stated Tuesday it’s investing $1 billion in wage will increase for its U.S. and Canadian hourly employees.The Atlanta-primarily based dwelling enchancment chain stated each hourly worker will get a raise beginning this month. Beginning pay will probably be not less than $15 per hour in all markets.Home Depot is one in all many large retailers who’ve raised pay to draw employees in a robust U.S. job market, the place unemployment is at its lowest degree since 1969. Walmart introduced in January that it could be elevating its hourly wage to a median of $17.50, whereas Goal invested $300 million in hourly wage will increase final 12 months.The pay raises may additionally help Home Depot head off a fledgling marketing campaign to unionize its shops, which it opposes. Staff at a Home Depot in Philadelphia filed to carry a union election final September, saying employees weren’t benefiting from Home Depot’s robust gross sales and shops had been understaffed. Staff on the retailer voted to reject the union in November.Home Depot employs 437,000 folks in the U.S. and 34,000 in Canada. The overwhelming majority are hourly staff, the corporate stated. The corporate operates 2,000 shops in the U.S. and 182 shops in Canada. “This funding will help us entice and retain the perfect expertise into our pipeline,” Home Depot’s Chairman, President and CEO Ted Decker wrote in an email to staff. Decker famous that 90% of the chain’s retailer management began as hourly employees.

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Dave Petchy

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Dave Petchy

I am a passionate, dedicated guy who's been living in London for 10 years now. I love good food, being creative, cycling and having fun. I'm a firm believer that anything worth achieving is worth working hard for and that you should always challenge yourself to be the best version of you possible. I work as an editor at Petchy Media – the award-winning news site that makes quality journalism accessible to everyone. I've also written for The Guardian and worked with brands like Nike, Adidas and KFC on content production projects.

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