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Business

“Home Depot says it will spend $1 billion to give hourly workers a raise”

“Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise, as retailers and restaurants compete for workers. The home improvement retailer announced the wage investment as it reported fourth-quarter earnings. It… Continue Reading…

Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…

Business

“Under Armour to raise hourly wages to $15 for more than 8,000 retail, distribution workers”

“Under Armour announced Wednesday it is raising wages for hourly retail workers to $15 in the United States and Canada, impacting more than 8,000 jobs. The increases, which could be as much as 50% for some workers, will be effective June… Continue Reading…

Business, Economy

“Lowe’s gives $100 million more in bonuses to hourly employees”

“Lowe’s said Wednesday it will give $100 million more in bonuses to hourly employees, as strong demand for home improvement continues. It marks the sixth time the home improvement retailer has given additional pay to workers at its stores… With the… Continue Reading…