Raising the federal minimum wage from $7.25 to $15 per hour has been debated for a long time. However, there are some companies that are committed to a minimum $15 per hour wage.
Walmart-owned Sam’s Club is the latest to join the list. The membership-based warehouse club reportedly raises its starting wage from $11 to $15 an hour, from September 25.
Earlier in August, Walgreens Boots Alliance (WBA) - Get Walgreens Boots Alliance Inc Report said that it’s raising its minimum wage to $15 per hour by November 2022.
“Investing in and rewarding our team members is not only the right thing to do, it’s highly important to retaining and attracting a talented workforce, and to continuing to serve our critical role in community health care,” said the company's CEO Roz Brewer.
“These wage increases will have a meaningful impact on our colleagues and their families while helping the communities we serve prosper," said CVS Health President and CEO Karen S. Lynch.
Target (TGT) - Get Target Corporation Report, Best Buy (BBY) - Get Best Buy Co., Inc. Report, Costco (COST,) - Get Costco Wholesale Corporation Report and Amazon (AMZN) - Get Amazon.com, Inc. Report have also committed to a $15 minimum wage.