by Evan Wilt
Posted 1/11/18, 11:14 am
Walmart announced Thursday it would raise employee wages and give them bonuses this year, citing the Republican tax overhaul package as the reason. Starting next month, Walmart plans to increase the starting hourly wage from $9 to $11. The retailer also announced it would dole out one-time cash bonuses of up to $1,000 based on years worked at the company. All told, Walmart plans to give out $400 million this year in employee bonuses.