Dollar General pays employees the least among 25 retailers, according to UBS report
Employees at Dollar General reportedly get paid $9.68 per hour
Dollar General pays its employees the least when compared with many other major U.S. retailers, a new report suggests.
Workers at the discount retailer are among the lowest-paid employees in the retail industry despite the company's financial gains during COVID-19, a new report from investment bank UBS that analyzed employee-reported salaries on PayScale.
A new report by investment bank UBS found that Dollar General employees made $9.68 an hour.
Employees at Dollar General reportedly make $9.68 an hour, and other discount competitors pay around the same, with Dollar Tree reportedly paying $10 an hour and Dollar King paying $10.11.
To compare, Costco pays workers as much as $17.60; Walmart pays $13.08 an hour; and Target pays its employees $13.21, the report says. However, Target announced earlier this year it was raising its minimum wage to $15.
DOLLAR GENERAL TO OPEN STORES AIMED AT WEALTHIER SHOPPERS
Dollar General experienced major sales growth during the pandemic as families relied on discount essentials like paper towels, disinfecting wipes and shelf-stable food items. The Tennessee-based company’s sales soared 19% in the most recent quarter, the Wall Street Journal reported
JOB GROWTH IN RESTAURANT INDUSTRY SLOWED 'SIGNIFICANTLY' IN 32 STATES LAST MONTH
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DG | DOLLAR GENERAL CORP. | 76.22 | +1.55 | +2.08% |
Dollar General did not immediately return a FOX Business request for comment.