Wal-Mart Raises Salaries Ahead of Overtime Rule

By Taylor Knight

Wal-Mart is giving its managers pay raises ahead of the new federal overtime wage mandate. The retailer raised the starting salary for various managers from $45,000 to $48,500 at the start of September. The Department of Labor rule, set to go into effect on Dec. 1, raises the top salary threshold under which executive, administrative and professional workers must be paid overtime. Currently, the threshold is $23,660; that will go up to $47,476 once the regulation kicks in.

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Taylor Knight Author's page Taylor Knight is an associate content editor for Target Marketing and Total Retail. She enjoys writing and creating video content to interact with an audience.