THE WHAT? Walmart will no longer pay bonuses each quarter to store workers, instead upping its hourly rate of pay, according to a report published by The Wall Street Journal.
THE DETAILS The US retailer’s MyShare benefit will no longer be paid out as of January 31, 2022 and will instead by rolled into associates’ base pay.
Starting wages will be raised from US$11 per hour to an hourly rate of US$12 starting at the end of September. By the end of the month, Walmart employees will earn an average of US$16.40 per hour.
THE WHY? A spokesperson for Walmart told The Wall Street Journal that, for the majority of workers, a higher consistent, predictable income was of more value than a potential pay out based on store performance. With the job market competitive and rivals such as Target and Amazon paying starting wages of US$15 per hour, the US retailer needs to up its game to attract staff.
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Key categories of aesthetic medicine products include:
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Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.
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Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.
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Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.
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Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.
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Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.
