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Walmart cuts starting pay for new hires who prepare online orders, stock shelves

  • Walmart cut starting pay for new hires who prepare online orders and stock shelves in July 2022, raising questions about cooling labor market or adjusting to pre-pandemic shopping habits.

  • New store employees in these roles now make about $1/hour less than before the change in July. No current employees had pay cut.

  • Walmart tweaked pay bands for over 50,000 more experienced employees, leading to wage raises.

  • Walmart says change brings consistency in starting pay across roles and lays groundwork for career development.

  • Move comes as shoppers return to more typical pre-pandemic habits, though Walmart still sees strong online sales growth.

cnbc.com
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