Macy’s Inc has announced a range of new benefits for its employees, including a higher minimum wage of $ 15 an hour, a training program and greater flexibility in licensing.
The news comes at a time when manpower shortages are leading many companies to compete aggressively to retain their staff.
The department store chain stressed that starting in February 2022, it will invest about $ 35 million in four years, in enhanced benefits.
The training program will be available to all American colleagues, hourly and monthly, and will cover 100% of high school tuition, books and fees, college preparation, English language learning, bachelor and professional certifications within Macy’s network.
The company has partnered with the educational platform Guild Education to create the program.
All employees will be entitled to a minimum wage of $ 15 per hour, which will be fully implemented from May 2022.
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
