More than 1M Wal-Mart workers are getting a raise

More Than 1M Wal-Mart Workers Are Getting a Raise

Wal-Mart employees are getting a raise Saturday.

Last month, the company announced the raise for 1.2 million Wal-Mart and Sam's Club employees.

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The company said in a statement that employees hired before January will be paid at least $10 an hour.

Employees who already make the company's maximum pay won't get a raise but will get a "one-time lump sum payment equal to 2 percent of their annual pay."

The move is part of the company's rollout of pay increases and added benefits for employees that are expected to decrease employee turnover. But some groups say $10 an hour still isn't enough.

Wal-Mart says as of Saturday, its average hourly wages will be $10.58 an hour for part-time employees and $13.38 an hour for full-time employees.

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