Walmart Raising Pay of Long-Haul Drivers and Train New Drivers

Apr 8, 2022 By MarketDepth

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Walmart (NYSE: WMT) revealed it will be raising the pay of its long-haul truck drivers and will be launching a program to train any new incoming drivers. The announcement comes as the company aims to retain essential workers that it relies on to stock store shelves and warehouses throughout the United States.

Raising Pay

The retailer revealed that starting salaries for freight drivers will be increasing to anywhere from USD95,000 and USD110,000 a year, up from its previous starting salary of USD87,500.

“Drivers who have been with Walmart longer can earn even more, based on factors like tenure and location.”

the blog noted

Walmart is seeking drivers to transport merchandise to stores, e-commerce warehouses and to meet continuous demand for the incoming online orders. Last year the company, which has approximately 12,000 truck drivers, onboarded a record 4,500 drivers.

Help Ease Demand

According to a company spokesperson, the recent pay raise will “help us continue to hire aggressively to meet all-time high demand from customers.”