While layoff announcements and the apparent AI revolution may be making workers nervous, recent news suggests attracting and retaining talent remains a primary focus for businesses.
Big companies continue to invest in big pay raises and benefit offerings. Walmart has made some of the most notable strides recently, boosting pay and stock options for store managers and making it possible for a person in that role to earn as much as $400,000 a year. Chipotle has its sights set on Generation Z, introducing an employer matching contribution to 401(k) plans for verified student loan payments. And in addition to introducing an employee sabbatical program last year, Bank of America dolled out a collective $800 million in stock bonuses to nearly all of its staff.
Read on for more news of how companies have invested in their workforces.