Walmart workers win pay rise and $1,000 bonus


Walmart workerImage copyright
Reuters

Walmart plans to give its one million workers a $1,000 bonus and start paying them at least $11 an hour.

The move by the world’s biggest retailer follows last month’s US tax code overhaul that slashed the corporate rate from 35% to a flat 21%.

Hourly-paid employees will get the higher rate from next month.

Walmart last raised the minimum wage to $9 an hour in 2015 and the following year offered a $1 rise to those who completed an internal training scheme.

The chain also plans to expand maternity and parental leave benefits.



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