Sam’s Club is raising its hourly wages to $16 per hour for 100,000 workers starting in November. The move is part of a recently rolled-out compensation plan that will be implemented before the holiday shopping rush.

Key Takeaways Sam's Club is raising its entry-level wage to $16 and is increasing the rate at which pay rises with years of service.The membership-based retailer anticipates the average hourly wage for Sam's Club front-line associates will be above $19.

The average hourly wage at Walmart-owned Sam's Club has increased by nearly 30% in the past five years and is expected to top $19 with the new plan.

Walmart announced that it will raise wages for its Sam's Club employees Tuesday, in an apparent attempt to keep up with Costco in a retail wage race.

Sam's Club is changing the way it pays employees in an attempt to attract and retain quality talent in a tight labor market.

Sam’s Club’s corporate supply chain team plans to merge with the supply chain team of parent company Walmart, according to a memo obtained by Business Insider David Guggina, head of supply chain operations for Walmart, wrote the memo, which was sent to the Sam’s Club supply chain team.

Sam's Club workers with longer tenures to get larger increases in changes slated to take effect in early November.

In a strategic move to address the ongoing challenges of employee retention in a competitive labor market, Sam’s Club has announced a significant overhaul of its compensation policies. The retail giant is not only increasing starting wages for hourly workers but also introducing a new comprehensive compensation plan designed to provide greater financial predictability and