Walmart uses massive Trump tax gain to offer modest pay rise to workers

World’s largest retailer to increase wages to $11 an hour from FebruaryTax bill passed in December cuts corporate tax rate from 35% to 21%Walmart said on Thursday it would raise entry-level wages for hourly employees to $11 an hour as it benefits from the biggest overhaul of the US tax code in 30 years.The world’s largest retailer said the increase would take effect in February and that it would also expand maternity and parental leave benefits and offer a one-time cash bonus, based on length of service, of up to $1,000. Continue reading…

Source: https://www.theguardian.com/business/2018/jan/11/walmart-trump-tax-bill-wages-increase-workers