Walmart to Hire 20,000 Workers Ahead of the Holiday Season
Sep 1, 2021 By MarketDepth
Walmart (NYSE: WMT) revealed plans to hire 20,000 new supply chain employees in the wake of the upcoming holiday season. However amid labor shortages, employers have struggled to onboard new workers.
Raising Wages For Workers
The multinational retailer is looking to hire both part-time and full-time fillers, freight handlers, lift drivers, technicians and management positions. Additionally, as a means of attracting new workers, Walmart will be raising its minimum wage for supply chain associates to USD20.37 per hour.
“We know that financial stability, health benefits, family support and career development opportunities are all critical factors to weigh when considering a job, and we aim not to just meet but exceed our associates’ expectations on each of these fronts,”
Retailers Racing To Prepare
Amid continuous shipping and delivery delays due to the ongoing coronavirus pandemic, retailers are racing to prepare for peak season. Walmart has yet to disclose its plans for holiday hiring, though last year it hired 20,000 seasonal associates.
Walmart has also boosted supply chain investments by adding high-tech, automated systems to various stores which help select and pack online grocery orders.
According to Chief financial officer Brett Biggs, the company has increased its lead times for orders and commissioned its own vessels in order to hasten imports. Furthermore, he said “out-of-stocks in certain general merchandise categories are running above normal, given strong sales and supply constraints.”