Current：Home > InvestThe Home Depot says it is spending $1 billion to raise its starting wage to $15 -Mastery Money Tools
The Home Depot says it is spending $1 billion to raise its starting wage to $15
View
Date：2025-04-12 18:23:30
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！ (7865)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- The Bear’s Jeremy Allen White Shares “Beautiful” Reaction to Liza Colón-Zayas’ Historic Emmys Win
- Tropical storm conditions expected for parts of the Carolinas as disturbance approaches coast
- FACT FOCUS: A look at false claims made by Trump in California
- The company planning a successor to Concorde makes its first supersonic test
- Democrats put up $25 million to reach voters in 10 states in fierce fight for Senate majority
- 2024 Emmys: Rita Ora Shares Rare Insight Into Marriage With Taika Waititi
- Microsoft solves 365 outage that left thousands unable to access email, Teams, other apps
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Connie Chung talks legacy, feeling like she 'parachuted into a minefield' on '20/20'
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Colleges in Springfield, Ohio, move to online instruction after threats targeting Haitians
- Keep Up with Good American’s Friends & Family Sale—Save 30% off Khloé Kardashian’s Jeans, Tops & More
- Halloween shouldn't scare your wallet: Where to find cheap costumes and decoration ideas
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Jane’s Addiction cancels its tour after onstage concert fracas
- 2024 Emmys: Elizabeth Debicki Details Why She’s “Surprised” by Win for The Crown
- The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Musk deletes post about Harris and Biden assassination after widespread criticism
Panthers bench former No. 1 pick Bryce Young, will start Andy Dalton at QB
Another earthquake rattles Southern California: Magnitude 3.6 quake registered in Los Angeles area
Nearly half of US teens are online ‘constantly,’ Pew report finds
Florida sheriff fed up with school shooting hoaxes posts boy’s mugshot to social media
A Kentucky lawmaker has been critically injured in lawn mower accident
Tropical storm warning issued for Carolinas as potential cyclone swirls off the coast