Walmart recently announced promotions and significant pay raises for 3,000 of its pharmacy workers across nearly 4,600 U.S. locations, offering some employees an 86% increase in wages, according to Fortune. The move comes during a week of major layoff announcements from companies like Amazon, UPS, Pinterest, and Nike.
The promoted employees will take on pharmacy operations team lead positions, earning an average of $28 per hour, with the potential to reach $42 per hour. Pharmacy technicians will now make an average of $22 per hour, with the possibility of earning up to $40.50 per hour.
Notably, these positions do not require a college degree. This is particularly encouraging, according to Fortune, as younger generations increasingly question the return on investment of higher education.
The announcement from Walmart stands in contrast to recent news of job cuts in other major companies. Amazon, UPS, Pinterest, and Nike all announced major layoffs this past week, leaving many American workers facing uncertainty.
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