Retail News

Macy’s raises minimum wage to $15, adds free college perk to bennies

CNBC 11/09/2021

Macy’s is raising its minimum wage to $15 an hour and adding a new educational benefit that will cover 100 percent of books, fees and college tuition for its employees. The moves are part of an effort to attract and retain talent. The retailer is seeking to add 76,000 full- and part-time staff to its roles over the holiday season.

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