Walmart to raise starting pay, expand parent benefits and issue $1,000 bonuses

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Walmart to raise starting pay, expand parent benefits and issue $1,000 bonuses (KTRK)

Walmart is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits.

The retailer said Thursday changes that to its compensation and benefits policy will impact more than a million hourly workers in the U.S., with the wage increase effective next month.

The company is also creating a new benefit to assist employees with adoption expenses.

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