Current：Home > NewsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -StockSource
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-19 12:47:58
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！ (1216)
Related
- What to watch: O Jolie night
- Walmart experiments with AI to enhance customers’ shopping experiences
- Southern Charm Reunion: See Olivia and Taylor's Vicious Showdown in Explosive Preview
- A judge has found Ohio’s new election law constitutional, including a strict photo ID requirement
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- A teen on the Alaska Airlines flight had his shirt ripped off when the door plug blew. A stranger tried to help calm him down.
- Georgia passes Michigan, Alabama in early 2025 CFP National Championship odds
- With threats, pressure and financial lures, China seen as aiming to influence Taiwan’s elections
- Trump wants to turn the clock on daylight saving time
- China says it will launch its next lunar explorer in the first half of this year
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Apple is sending out payments to iPhone owners impacted by batterygate. Here's what they are getting.
- CBS announces exclusive weeklong residency in Las Vegas for Super Bowl LVIII
- No charges to be filed in death of toddler who fell into cistern during day care at Vermont resort
- This was the average Social Security benefit in 2004, and here's what it is now
- City council committee recommends replacing Memphis police chief, 1 year after Tyre Nichols death
- Musk's X signs content deals with Don Lemon, Tulsi Gabbard and Jim Rome
- Designated Survivor Actor Adan Canto Dead at 42
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
X Corp. has slashed 30% of trust and safety staff, an Australian online safety watchdog says
No charges to be filed in death of toddler who fell into cistern during day care at Vermont resort
Republicans are taking the first step toward holding Hunter Biden in contempt of Congress
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Los Angeles Times executive editor steps down after fraught tenure
When and where stargazers can see the full moon, meteor showers and eclipses in 2024
'Baywatch' star Nicole Eggert reveals breast cancer diagnosis: 'Something I have to beat'