Walmart to raise workers' pay to $10 per hour

Protestors rally for a living wage at Walmart on Black Friday 2014
(Image credit: Darren Hauck/Getty Images)

Walmart revealed Thursday that it will within a year raise the pay for its full- and part-time employees to $10 per hour.

Announced in conjunction with the release of the company's latest earnings report, the change will impact around 500,000 employees. The plan calls for raising the wage for current and future associates to $9 per hour in April, followed by an increase to $10 per hour next February.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.