As part of a revised compensation structure that went into effect in July, Walmart Inc. has reduced the beginning salary for some new recruits.
A Walmart spokesperson said on Thursday that new hires like online order pickers and shelf stockers will be impacted by the reduced wages. Previously, those workers would have made more money than, say, recently hired cashiers.
According to the spokesperson, the new wage structure also resulted in pay increases for around 50,000 current workers whose salaries fell below the new minimum wages the business imposed for a number of job categories. By making it simpler for employees to transition from one department to another, the nation’s largest private employer hopes to enhance the customer experience.
Walmart is preserving its $14 minimum hourly wage, which went into effect earlier this year and gave nearly 300,000 workers a pay raise.
The corporation, which already disclosed the adjustments for this summer, is not reducing the salaries of current employees.