WALMART’S NEW VISION FOR ITS ROLE IN SOCIETY

Briana

Walmart CEO Doug McMillon outlined a roadmap that will guide the company’s role in society on critical issues, pointing to a “new era of trust and transparency.” The roadmap reflects a wider recognition of Walmart’s impact on communities. • McMillon discussed the company’s $2.7 billion investment in education, wages, and training for associates in the U.S. and called for a broader industry push to ensure retailers are seen as employers of choice. • Walmart joined the Leadership Group for Responsible Recruitment, a collaboration of businesses and NGOs working to ensure ethical recruitment and treatment of workers globally. • By 2025, Walmart U.S. will put millions of associates through training programs to equip them with skills to improve career growth. The retailer provides core skills training for entry-level associates, rewarding them with increased pay upon completion. • Walmart will improve the predictability in the lives of its associates by providing work schedules more than two weeks in advance in the U.S.; and implementing a strong leave policy that empowers associates to decide how to use their paid time off. Walmart also believes in equal pay for equal work. • Walmart will source more products locally around the world, including $250 billion in products supporting American jobs by 2023.

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