Home Depot Is Boosting Hourly Wages
HOME DEPOT IS BOOSTING HOURLY WAGES AS HOUSING MARKET BOOMS
(CNN) – Home Depot is giving thousands of its workers a raise.
The company says it’s giving hourly workers a permanent pay increase.
Home Depot has been thriving during the pandemic, with more people staying home and spending money on projects around the house.
The company’s stock is up nearly 25% this year.
Now, Home Depot is planning to invest $1 billion annually on increased worker benefits.