Say what you want about Walmart, they know how to incentivize:
Walmart is shifting its pay structure so that its drivers can earn up to $110,000 in their first year with the retailer as it strives to shore up its logistics capabilities with new investments.
Previously, the average starting salary for Walmart's truck drivers was $87,500. Now, it ranges between $95,000 and $110,000. In a blog post, Fernando Cortes, the company's senior vice president of transportation, and Karisa Sprague, its senior vice president of supply-chain people, wrote: "Drivers who have been with Walmart longer can earn even more, based on factors like tenure and location."
Truckers rolling on down to the Walmart recruitment office be like:
These are extraordinarily difficult times for retailers both big and small, most notably due to a significant labor crisis: For a variety of reasons it is getting incredibly hard to attract and keep good talent. You can hardly blame a major corporation for shelling out these kinds of bucks to try and snag the best labor from a dwindling pool.
And make no mistake, they're trying to cover all their bases:
In additional to increasing truckers' pay range, Walmart has also launched its Private Fleet Development Program to establish a pipeline between supply-chain jobs and trucking positions. The 12-week development program features classes from already established Walmart truckers. Inaugural classes graduated in Dallas and Dover, Delaware, this year, with participants earning commercial driver's licenses and getting hired into Walmart's private fleet.
That's good old-fashioned Arkansas hustle for you.
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