Do you know that a Walmart truck driver is earning equivalent to an entry level investment banker at Goldman Sachs?
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The American Trucking Association reported a sharp decline in the number of truck drivers amidst the covid pandemic. To keep their supply chain running they have introduced new methods and incentives.
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Walmart announced an increase in starting salaries for its truck drivers to $95,000 to $110,000 annually. That's more than his current average starting salary of $87,000.
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The retailing giants have launched training programs to give a chance to their employees to become a certified truck driver
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The Biden administration unveiled 'Trucking Action Plan' to increase supply of truck drivers with over $57 million funding.
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With business diversification after the pandemic, Walmart has been hiring aggressively with over 4500 vacancies per year.