Now at Walmart. Now Nibs needs to hold off on any proposed layoffs and think about retaining employees.
—-“Today, we are building on investments we’ve been making in associates, in their wages and skills development,” Walmart CEO Doug McMillon said in a statement. “It’s our people who make the difference and we apprWalmart's wage increase will take effect in February. Walmart said the one-time bonuses would cost the company $400 million and will be based on length of service. Employees who have worked for at least 20 years will get the full $1,000.
The company is also boosting its paid maternity leave policy for full-time hourly workers to 10 weeks at full pay. Previously, birthing mothers got six to eight weeks at half pay.
Walmart is also increasing its paid leave policy for new fathers and non-birthing mothers to six weeks at full pay for full-time hourly workers. Previously, the company didn't offer any paid leave for them.
The changes in parental leave put salaried and hourly workers on the same footing.
Walmart also said it would offer financial help to full-time hourly and salaried employees who are seeking to adopt children.eciate how they work hard to make every day easier for busy families.”