WMT Sep 2024 53.330 put
| Previous Close | 0.0300 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 53.33 |
| Expire Date | 2024-09-20 |
| Day's Range | 0.0100 - 0.0100 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2.41k |
ReutersWalmart's Sam's Club to raise hourly pay for 100,000 workers from November
Wages for its entry-level workers will now start at $16 per hour from $15 that was set three years ago, it said. The company also said hourly wages will grow at a "faster" clip, rising to between 3% and 6% based on years of service that would allow workers to quickly attain the maximum pay rate for their given position. As a result, Sam's Club expects the average hourly rate for its workers to be above $19, excluding bonuses.
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Business WireSam’s Club Reimagines Workforce Compensation; Launches New Plan Focused on Providing More Predictable Financial Futures for Hourly Associates
BENTONVILLE, Ark., September 17, 2024--Sam’s Club, a membership retail club and digital innovation pioneer, today unveiled a reimagined approach to its workforce compensation, announcing a new plan that accelerates pay for nearly 100,000 frontline associates and provides a roadmap for them to plan and pursue more predictable, longer-term financial futures. The new plan creates opportunities for associates to build better careers and lives with Sam’s Club.
