Current：Home > reviewsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Edge Finance Strategies
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-21 02:18:43
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！ (66)
Related
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Meet the 3 Climate Scientists Named MacArthur ‘Genius Grant’ Fellows
- Moose attacks man walking dogs in Colorado: She was doing her job as a mom
- Watch this student burst into tears when her military dad walks into the classroom
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- The COVID public health emergency ends this week. Here's what's changing
- Federal Agency Undermining State Offshore Wind Plans, Backers Say
- 'It's not for the faint-hearted' — the story of India's intrepid women seaweed divers
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Judge to unseal identities of 3 people who backed George Santos' $500K bond
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- The Climate Change Health Risks Facing a Child Born Today: A Tale of Two Futures
- He helped craft the 'bounty hunter' abortion law in Texas. He's just getting started
- Renewable Energy Standards Target of Multi-Pronged Attack
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Senate weighs bill to strip failed bank executives of pay
- Meet the 3 Climate Scientists Named MacArthur ‘Genius Grant’ Fellows
- T3 24-Hour Deal: Get 76% Off Curling Irons, Hair Dryers, and Flat Irons
Recommendation
South Korean president's party divided over defiant martial law speech
Is there a 'healthiest' soda? Not really, but there are some alternatives you should consider.
Search for British actor Julian Sands resumes 5 months after he was reported missing
Chilli Teases Her Future Plans With Matthew Lawrence If They Got Married
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Do you freeze up in front of your doctor? Here's how to talk to your physician
Meet the 3 Climate Scientists Named MacArthur ‘Genius Grant’ Fellows
Let's go party ... in space? First Barbie dolls to fly in space debut at Smithsonian museum