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Sam's Club CEO says the warehouse chain has had 'full employment' for months as competitors struggle to find workers

Sam's Club CEO says the warehouse chain has had 'full employment' for months as competitors struggle to find workers


AP




Sam's Club CEO Kathryn McLay said the company is at "full employment," Yahoo reported.




McLay said higher wages and "career ladders" have helped it keep workers as many companies struggle.




But Walmart's wage hikes have been relatively small relative to its record pandemic earnings.


Sam's Club CEO Kathryn McLay said that the company's roughly 600 stores have been at "full employment" for more than three months, Yahoo Finance reported."It's probably the statistic that I am most proud of. Our clubs have been at full staffing for probably over three months," McLay told an audience at Yahoo Finance's All Markets Summit on Tuesday.By that account, the Walmart-owned membership warehouse chain appears to be bucking the trend among its competitors, which have struggled to recruit and keep workers in recent months.McLay said Sam's Club's ability to retain workers is due to its starting pay and career advancement opportunities, Yahoo reported.
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