Page 40 - Ted Decker News Today

Home Depot said Tuesday it’s investing $1 billion in wage increases for its U.S. and Canadian hourly workers.

Notably, the fiscal Q4 2022 period was the first time Home Depot fell short of revenue expectations in over three years.

Home Depot said Tuesday its investing $1 billion in wage increases for its U.S. and Canadian hourly workers.

The home improvement chain said every hourly employee will get a raise starting this month.

The home improvement chain said every hourly employee will get a raise in February and starting pay will be at least $15 per hour.

Home improvement giant The Home Depot announced it is investing another $1 billion to raise pay for its frontline hourly workers, with minimum starting pay at $15 an hour.

Home Depot announced Tuesday it will begin paying hourly associates that make up their frontline workers $1 billion more in annual compensation, which is expected to raise minimum wages for these workers to $15 per hour.

Retail industry news, voices and jobs. Optimized for your mobile phone.

The housing market remains under pressure.

HD earnings call for the period ending December 31, 2022.