Walmart to hike wages for 425,000 workers to average above $15 an hour

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fairly difficult
Walmart announced Thursday it will raise pay for workers to an average above $15 an hour, giving a boost to 425,000 employees.
Walmart said its minimum starting wage for workers will remain at $11 an hour. Its U.S. workforce numbers about 1.5 million people, making it the nation's largest private employer.

The big-box retailer made the announcement as it reported holiday-quarter earnings that fell short of Wall Street's expectations, weighed down by…
Lauren Thomas, CNBC
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