Skip to content
Tuesday, June 06, 2023
tvadvideos

tvadvideos

Consummate Business Technicians

  • Analyst Salary
  • Business Analyst
  • Administration
  • Business Attire
  • Plan Template
  • Acumen
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
You are Here
  • Home
  • Entry-Level Walmart Truck Drivers Will Earn the Same as Goldman Sachs Analysts
Analyst Salary

Entry-Level Walmart Truck Drivers Will Earn the Same as Goldman Sachs Analysts

April 13, 20222 min read Kenya Muntean

Both jobs involve often stressful 70-hour work weeks, both require sitting in a cube-shaped workstation, but only one lets you sample every roadside greasy spoon from Bangor to Bakersfield.

The starting salary for one of Walmart’s in-house truck drivers could be $110,000, the same as a first-year analyst at Goldman Sachs, the retail giant announced Thursday. The economics that got things here are unique.

Coming Up Shortage

Unlike many major retailers, Walmart maintains its own private fleet of truckers, a policy going back to the company’s very early days when its founders decided they preferred to do the job in-house. Walmart started paying truckers way more, often double the industry standard, and never looked back. “You pay a little bit more, but you get a more safe and loyal workforce,” Ken Braunbach, Walmart’s VP of transportation, told Business Insider in 2019.

Truck driving often demands long hours, pressing deadlines, and low pay. More than 3.5 million Americans are truck drivers, but the Department of Transportation estimates 300,000 leave the profession every year. While massive churn has led some to claim there’s a shortage of truckers, simple numbers suggest there’s more likely just a shortage of desirable trucking jobs like Walmart’s:

  • The American Trucking Associations, an industry trade group, claims there was a worker shortage of 80,000 truckers last year. But the Bureau of Labor statistics, academics, and labor groups have frequently challenged such assertions, noting 450,000 people obtain commercial licenses every year to enter the field.
  • The average salary for a long-haul driver was $52,240 in 2021, while Walmart, which employs 12,000 truckers, is now offering a starting salary of $95,000 to $110,000.

“We still have a lot of positions that can’t be filled because of the working conditions,” Mike Chavez, executive director of the Inland Empire Labor Institute, told Time.

Driving Need: Walmart’s need for more truckers is obvious. Pandemic-driven demand was a boon for major retailers, and more business means more drivers. The company hired a record 4,500 truckers last year and will even pay for commercial driver training, which can run up to $5,000 per person, for employees who want to switch jobs and hit the open road.

Amazon Fba Business, Atlanta Business Chronicle'S, Boss Baby Back In Business, Business Administration Degree, Business Attire Women, Business Card Design, Business Cards Templates, Business Casual Dress, Business Casual Outfits, Business Checking Account, Business Credit Card, Business For Sale Near Me, Business Intelligence Platform, Business Lawyer Near Me, Business Loan Calculator, Business Name Ideas, Business Professional Women, Business Spectrum Login, California Business Entity Search, Capital One Spark Business, Carl Weber'S The Family Business, Charlotte Business Journal, Custom Business Cards, Delaware Business Search, Fl Sos Business Search, Florida Business Search, Harvard Business Publishing, Insurance For Small Business, Kelley School Of Business, Maryland Business Express, Maryland Business Search, Moo Business Cards, National Business Furniture, New York Business Search, Ohio Business Gateway, Onedrive For Business, Online Business Ideas, Paramore Misery Business, Risky Business Cast, Small Business Insurance, Spectrum Business Customer Service, Tom Cruise Risky Business, Us Small Business Administration, Verizon Wireless Business, Verizon Wireless Business Login, Virtual Business Address, What Is Business Administration, Women'S Business Casual, Yelp Business Login, Yelp For Business
Share
Facebook Twitter Pinterest Linkedin

Post navigation

U.S. Senator Joe Manchin’s visit to Alberta cheers Kenney’s government
Derivatives Business Analyst | eFinancialCareers

Related Posts

  • Self-employed? Consider These Retirement Solutions! – ShoeMoney

    Self-employed? Consider These Retirement Solutions! – ShoeMoney

    June 5, 2023December 13, 2022
  • Privacy Protection: Why Ad Tracking Must End

    Privacy Protection: Why Ad Tracking Must End

    May 22, 2023December 13, 2022
  • Tails wagging dogs: when process eats away at culture

    when process eats away at culture

    May 14, 2023December 13, 2022
June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021

Recent Posts

  • How Andrea Said Goodbye to Facebook Ads and Sold Out Her $4k Coaching Program
  • Self-employed? Consider These Retirement Solutions! – ShoeMoney
  • It’s a bad idea to Abandon Marketing Efforts During a Recession
  • Mining Equipment: Essential Tools for Successful Mining Operations
  • How To Choose The Right Workforce Australia Providers For You

BL

Tags

Amazon Business Login Amazon Business Prime Bank Of America Business Account Best Business Schools Business Business Attorney Near Me Business Bank Account Business Card Holder Business Card Maker Business Cards Near Me Business Card Template Business Casual Attire Business Casual Shoes Business Casual Woman Business Plan Examples Ca Business Search Capital One Business Credit Card Ca Sos Business Search Chase Business Checking Chase Business Credit Cards Chase Business Customer Service Chase Business Login Chase Business Phone Number Cheap Business Cards Citizens Business Bank Cox Business Login Digital Business Card Facebook Business Suite Finance In Business Free Business Cards Google Business Login Harvard Business School Lands End Business Massage Parlor Business Near Me Michigan Business Entity Search Mind Your Business Mind Your Own Business Ohio Business Search Risky Business Costume Skype For Business Small Business Loan Small Business Saturday 2021 Starting A Business Texas Business Entity Search Triumph Business Capital

Sosiago

Visit Now

Amazon Fashion

scorpion exterminator las vegas 

getlinko

Related Article

How Andrea Said Goodbye to Facebook Ads and Sold Out Her $4k Coaching Program
Business Attire

How Andrea Said Goodbye to Facebook Ads and Sold Out Her $4k Coaching Program

June 5, 2023December 13, 20226 min read
Image schema
Business Attire

Using and Optimizing Images: Search and Social Optimization Cheat Sheets

May 30, 2023December 13, 20225 min read
The Value of Data-as-a-Service (DaaS)
Business Attire

The Value of Data-as-a-Service (DaaS)

May 22, 2023December 13, 20227 min read
Balancing Agility And Standardization – Innovation Evangelism
Business Attire

Balancing Agility And Standardization – Innovation Evangelism

May 20, 2023December 13, 20225 min read
tvadvideos.com
Proudly powered by WordPress | Theme: Engage News by Candid Themes.

WhatsApp us