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Home Depot said it will increase pay and benefits for front line hourly staff by $1 billion this year, another sign of a tighter labor market and rising wages across the US economy.
The home improvement retail chain did not detail how much of a pay raise the average hourly worker will receive. READ MORE
Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees next week.
"As laws, technology and workplace practices continue to evolve, we’re changing our practice nationwide effective Jan. 16, 2023, to pay hourly associates to the nearest minute based on exact time punches," a Home Depot spokesperson confirmed to FOX Business. READ MORE