Current：Home > NewsThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -MoneySpot
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-24 12:36:45
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！ (29781)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- For 3 big Alabama newspapers, the presses are grinding to a halt
- How Buying A Home Became A Key Way To Build Wealth In America
- Goldman Sachs is laying off as many as 3,200 employees this week
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Orlando Aims High With Emissions Cuts, Despite Uncertain Path
- Long Island Medium Star Theresa Caputo’s Son Larry Caputo Jr. Marries Leah Munch in Italy
- Sen. Schumer asks FDA to look into PRIME, Logan Paul's high-caffeine energy drink
- The White House is cracking down on overdraft fees
- Inside Clean Energy: Tesla Gets Ever So Close to 400 Miles of Range
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Judge drops sexual assault charges against California doctor and his girlfriend
- Efforts To Cut Georgia Ports’ Emissions Lack Concrete Goals
- Southwest Airlines apologizes and then gives its customers frequent-flyer points
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Cryptocurrency giant Coinbase strikes a $100 million deal with New York regulators
- Kate Spade 24-Hour Flash Deal: Get This $400 Satchel Bag for Just $89
- Q&A: Why Women Leading the Climate Movement are Underappreciated and Sometimes Invisible
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
New York’s Heat-Vulnerable Neighborhoods Need to Go Green to Cool Off
Senate 2020: In Colorado, Where Climate Matters, Hickenlooper is Favored to Unseat Gardner
Peloton agrees to pay a $19 million fine for delay in disclosing treadmill defects
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Fisher-Price reminds customers of sleeper recall after more reported infant deaths
Extinction Rebellion, Greenpeace Campaign for a Breakup Between Big Tech and Big Oil
Opioid settlement pushes Walgreens to a $3.7 billion loss in the first quarter