11:01 AM EDT, 09/17/2024 (MT Newswires) -- Walmart ( WMT ) is increasing pay for employees working for its Sam's Club membership club division by between 3% to 6%, depending on how long they've worked for the company, the retailer said Tuesday.

The pay raises are slated to begin Nov. 2 and are expected to lift the average hourly rate for Sam's Club employees above $19, the company said.

Since 2019, Sam's Club has increased the number of full-time employees by 11%, according to the retailer.

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