BENTONVILLE, Ark.—After years of criticism over low wages and poor working conditions, Wal-Mart Stores Inc. announced on Tuesday it will be promoting 25,000 employees in the U.S. during the fourth quarter, giving them higher pay, greater responsibility and better health benefits.
“Like most Americans, our associates want good jobs and access to a better life,” said Bill Simon, Walmart’s U.S. president and CEO. “Whether you are a cashier in Charlotte, or a stocker in Dallas or an assistant manager in Los Angeles, Walmart wants to see you succeed.”
The company sent top executives to various stories around the country to offer congratulations to the promoted employees during promotion ceremonies.
While the company has been praised for its move, it has also been criticized for turning its round of promotions into a publicity stunt to bolster its reputation.
Walmart made a similar announcement in September when it announced it would be promoting 35,000 sales associates in the U.S. from part-time to full-time, 35,000 from temporary to part-time and hire an additional 55,000 seasonal employees.
“Our success from day-one is a direct result of our associates and the hard work they do in taking care of our customers. We are proud to provide our people with additional opportunities for career growth and greater economic security for their families,” he added.
In all, Walmart says it will have promoted more than 160,000 staff members to higher-paying jobs by the end of the year.
Hardware Merchandising inquired as to whether the company planned any similar rounds of promotions or pay hikes in Canada but the company had not responded by press time.
For additional information, visit Wal-Mart’s Promotion Spree: Good Policy or Just Good Press? on the Wall St. Cheat Sheet.
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