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Sam’s Club announced on Tuesday that it will be increasing pay for nearly 100,000 store workers as part of a new employee compensation plan.

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(Some jobs at Sam’s Club max out at $36 an hour.) Under the new plan, employees who stay at the company for longer can receive raises up to 6% a year until they hit the maximum rate. After they ...

The changes take effect in early November. All told, Sam’s Club says the new model “accelerates pay for nearly 100,000 frontline associates and provides a roadmap for them to plan and pursue more ...

HERE'S WHY RETAILERS ARE ALREADY PULLING OUT THE HOLIDAY-THEMED GOODS Under Sam’s Club’s new plan, "hourly wages will progress faster in their pay range, expanding the increase to between 3% ...