Walmart changes starting pay structure for entry-level store workers

Walmart is changing the hourly starting wage structure for entry-level store workers to have more consistency across roles. Cashiers, shoppers, stockers etc. will now get the same starting wage.

The changes mean some new workers may start at lower wages than 3 months ago, per documents seen by the Wall Street Journal.

Walmart says the changes won't affect the $14 minimum wage or cut current workers' pay. The goal is consistency and better customer service.

The move comes as U.S. job growth slows in response to Fed rate hikes. Walmart has fared better than rivals due to grocery focus.

Walmart has been raising wages in recent years to attract workers amid labor shortages during the pandemic.