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Thursday, December 17, 2015

Walmart raising wages for over 17,000 employees in Maryland

Wal-Mart Stores Inc. is raising the wages of over 17,000 workers in Maryland.

Through a national $2.7 billion investment, the retailer is increasing minimum wage for its workers in all states.

In Maryland, it will bump the minimum wage for full-time employees to $12.92 an hour, and part-time employees will see theirs increase to $10.61 an hour. The increases are set to be in place by February.

Walmart (NYSE: WMT) announced an initial round of raises in February of this year, which made the minimum wage $9 in April. In July, the company announced another increase for associates in specialized positions.

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