Walmart to give new employees pay increases sooner

The labor market for workers appears to be improving.



Walmart confirmed to media outlets it will speed up the time it takes for new employees to complete a training program and subsequently increase their pay.



The retail two years ago implemented a $9 per-hour minimum wage and last year unveiled a six-month training program called Pathways. Once this program was completed, pay was increased to $10 per hour.



However, based upon feedback, Walmart will now shorten this salary increase wait time to 90 days. A company spokesperson told CNBC the change is being as new employees were able to master the aspects of the Pathways training course more quickly than expected.