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Tribune News Service
Tribune News Service
Business
Michael E. Kanell

Home Depot gives $1 billion in raises to front-line workers

Home Depot saw sales decelerate at the end of last year and has projected little growth for this year, officials said Tuesday.

However, in an effort to keep turnover costs low, the company is giving $1 billion in raises to “front-line” employees, raises that have already begun.

More than half of its 475,000 workers are paid by the hour, implying a yearly bump averaging up to about $4,000 per person.

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