Walmart Canada Boosts Wages for Hourly Workers Ahead of Holiday Season

Walmart Canada is further investing in its workforce, announcing an additional C$92 million ($68.39 million) in wage increases for its hourly retail and frontline associates. This move comes as the retailer gears up for the busy holiday season and follows a C$53 million investment in wages made in July.

Walmart Canada’s commitment to enhancing employee compensation reflects the ongoing challenges of attracting and retaining workers in a tight labor market. The company has also emphasized investments in skills training and educational opportunities for its associates, provided at no cost.

This latest wage increase follows similar initiatives by other Walmart entities. Last week, Sam’s Club, a subsidiary of Walmart, announced a pay raise to $16 per hour for approximately 100,000 entry-level workers.

The company’s focus on retaining and rewarding its existing workforce is also evident in its holiday hiring plans. Walmart stated that it would prioritize offering additional hours to current employees before hiring seasonal workers, a strategy similar to its approach in recent years. In 2022, Walmart hired about 40,000 seasonal workers in the United States.

Key Takeaways:

• Walmart Canada is investing an additional $68.39 million in wage increases for hourly workers.
• The wage increases follow a previous investment in July, signaling a commitment to improving employee compensation.
• Walmart Canada is prioritizing investments in skills training and education for its workforce.
• The company’s holiday hiring strategy prioritizes offering additional hours to existing employees before hiring seasonal workers.

These initiatives demonstrate Walmart Canada’s proactive approach to addressing labor market challenges and retaining its workforce. By investing in wages, skills development, and offering opportunities for increased hours, the company aims to attract and retain talent in a competitive retail environment.