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Walmart Will Raise Its Minimum Wage To $10 An Hour. On Thursday, Walmart announced that it will raise all of its full-time and part-time employeesâ pay to at least $9 an hour starting in April. The lowest wage will rise to $10 an hour by February of next year. In a press release, it said it is also raising pay for the compensation range for each position, and all told says that about 500,000 employees will see a raise from the changes.
Still, Whole Foods and Costco âs cashiers make a 20% to 40% premium to Wal-Mart cashiers, with average hourly wages of $10.31 and $11.59, respectively, according to the NBER paper. The average wage of all U.S. cashiers was $11.22 an hour, according to the U.S. Census Bureauâs Current Population Survey. Wal-Mart has said that its average hourly wage is $11.81 for hourly workers, not including managers, and that only 5,000 of its 1.4 million U.S. workers make the minimum wage. Starbucks didnât immediately respond to a request for comment.