Report: Wal-Mart to stop overtime pay for Sunday hours
NEW YORK Wal-Mart Stores will stop paying an additional $1 an hour for working Sundays, taking a bite out of its single biggest expense, Bloomberg reported. The change will take effect at Walmart stores, Sam’s Club outlets and warehouses.
The move, which takes effect next year, applies only to associates hired after Jan. 1, the report said. It wouldn’t affect the retailer’s current U.S. staff, which numbers approximately 1.4 million.
The move also won’t apply to employees based in Rhode Island and Massachusetts, who weren’t eligible for the extra pay owing to state employment laws, Bloomberg reported.