Walmart intends to hire 900 new truck drivers and increase annual salaries to $ 90,000, as it proposes to keep up with Amazon
- Walmart, the world's largest retailer, has a shortage of truck drivers
- It is offering a pay increment of 1 cent per mile to its 8,000 truck drivers
- Walmart also wants to hire 900 additional truck drivers this year
- The increase in salary means that Walmart drivers will earn $ 87,500 per year
Ariel Zilber for Dailymail.com
Walmart plans to hire 900 trucks this year to add 8,000 people to its workforce, all of whom will receive an increase that will push their annual salaries to almost $ 90,000.
The world's largest retailer experiences a shortage of truck drivers at a time when they face the strong competition of their rivals, including Amazon.
That is why it will increase the annual salaries of its truck drivers for $ 1,500, according to CNN.
The salary results in a wage increase of 1 cent per thousand, which will take effect in February.
Walmart drivers will now earn 89 cents per million on average, equivalent to an annual salary of approximately 87,500 dollars.
Unlike other companies that outsource road transport to third parties, Walmart has a private fleet of 65,000 trailers (as seen in the top photo of 2017 in Bethlehem, Pennsylvania)
Unlike other companies that externalize road transport to third parties, Walmart has a private fleet of 65,000 trailers.
It is one of the biggest truck fleets in the country.
Walmart is also shortening the boarding process to make drivers faster.
The company found that in recent years, the process was too slow, giving rise to drivers who are looking for work elsewhere.
Walmart, like other blue-chip companies, has struggled to maintain profit margins due to the increase in transportation costs.
Because the economy is strong, people are buying more products, but simply there are not enough truck drivers to transport them in a tight labor market.
In the last natural year, Walmart has seen that the price of its shares falls from $ 110 per share to just over $ 96
Another factor to take into account is the exciting nature of the job, which requires long hours traveling alone to the interstate.
A combination of a population of truck drivers with old age, low wages and federal standards that limit hours spent on the road have contributed to the current situation, according to analysts.
Last year, trailers-trailer trailers earned an average salary of $ 42,000, according to the Office of Labor Statistics.
In an effort to attract new drivers and keep existing ones, such as J.B. Hunt also increases salaries and benefits.
There is also a movement in Congress to reduce the age of truck driving between 21 and 18 years.
In the last natural year, Walmart has seen that the price of its shares falls from $ 110 per share to just over $ 96.