Amid a red-hot labor market, Walmart last summer expanded its education program to cover full college tuition for associates, promising nearly $1 billion over five years. (Target swiftly unveiled a similar program.) Walmart hopes employees will pursue degrees in fields like cybersecurity and supply-chain management, then work in related roles for the chain. The retail giant is also giving more part-timers full-time jobs and has raised its average hourly wage to $16.40, though its minimum still lags behind competitors’.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief
More Must-Read Stories From TIME
- Supreme Court Overturns Roe v. Wade, Undoing Constitutional Right to Abortion
- What the Supreme Court’s Abortion Decision Means for Your State
- The Failure of the Feminist Industrial Complex
- The Fight Over Abortion Has Only Just Begun
- Column: How Stereotypes Shape the Language People Use
- Everything We Know About Beyoncé's New Album, Renaissance
- Homes Made from Straw or Fungi Can Now Get You a Cheaper Mortgage in the Netherlands
- Going on Vacation This Summer? Welcome to the 'Revenge Travel' Economy
