Palm Bay, Melbourne Walmart Raising Minimum Wage To $11

Walmart increases minimum wage to $11 at stores in Palm Bay, Melbourne, and West Melbourne.
Walmart increases minimum wage to $11 at stores in Palm Bay, Melbourne, and West Melbourne. Photo by Andy Hodges.

PALM BAY, Florida – Walmart stores in Palm Bay, Melbourne, West Melbourne, and across the country will soon boost its starting hourly wage to $11 and deliver bonuses to employees, according to the Bentonville, Arkansas-based retailer.

Similar to other stores, including Target, Wal-Mart Stores Inc. is capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.

The wage increase will begin February 2018 and will cost $300 million on top of wage hikes that were already planned at the company.

The employee bonuses are one-time, up to $1,000 per worker, and are based on seniority. Walmart is also expanding its maternity and parental leave policy and adding an adoption benefit.

“Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.,” Chief Executive Officer Doug McMillon said in the statement.

In the past, Walmart raised starting wages to $9 in 2015 and then $10 for most workers the following year.

Brevard County’s unemployment rate has also plummeted from 6.9 percent in Jan. 2015 to 3.6 percent in Sept. 2017.

Signup for the free Palm Bay Daily newsletter for your chance to win free dinners and merchandise!

Copyright 2018 All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Raised in Jupiter, Florida, Andy Hodges began his career in the field of radio and TV broadcasting where he worked for about 12 years. He would make a career change to computer programming. Andy spent seven years working for tech companies, including Delta Airlines in Atlanta as a Senior Systems Analyst. In 2002, he moved to Sebastian, Florida. Andy is also the Editor-in-Chief for Sebastian Daily.
About Us | Contact Us | Privacy | Terms | Advertising