NEW YORK—Walmart has a history of prioritizing the needs of its employees and will continue that legacy left by founder Sam Walton, said CEO Doug McMillon in a sit-down chat with NRF president and CEO Matthew Shay at NRF’s BIG Show 2018.
The fireside chat on Sunday came on the heels of Walmart’s announcement that it would increase the starting hourly wage for its U.S. associates to $11 and expand maternity and parental leave benefits. The company will also provide a $1,000 cash bonus for many eligible employees and provide financial assistance to associates adopting a child.
