Walmart Owned Sam’s Club Raises Minimum Wage to $15

Sam’s Club employees have something to celebrate. The Walmart owned chain has raised its minimum wage to $15.

The membership-based warehouse club announced on Tuesday that it has bumped its starting wage from $11 to $15 an hour, as of Sept. 25.

The company will now have a noticeably higher starting wage than its parent company, Walmart.

Walmart’s minimum hourly pay was recently raised from $11 to $12, which is also effective on Sept. 25.

In a memo sent to employees, Sam’s Club CEO Kath McLay said most employees already make at least $15 an hour.

McLay said Sam’s Club associates can make as much as $34 an hour going forward. This is a bump from the maximum hourly pay of $29.70 that they could make previously, depending on location. She said the average hourly rate will be more than $17.

“We want you to be competitively paid, whether you’ve found your destination job as, say, a forklift operator, meat cutter or cake decorator, or you’re just starting out and eager to climb the ladder,” she said. “We want you to know that Sam’s Club is a place where you have opportunities to be promoted, earn a degree, or change direction.”

More than 34% of hourly workers at Sam’s Club will get a raise, as of late September, as a variety of roles get a pay bump, says the company.

Sam’s Club has nearly 600 stores and about 100,000 employees.

Sam’s Club has seen its membership has hit an all-time high over the past several quarters, but has not disclosed any figures.

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.