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Comp News – Southwest Airlines has announced plans to raise its minimum wage to $15 an hour, a move that will affect approximately 7,000 of its employees when instated.

The airline said it expects the pay increases to take effect on Aug. 1, though the timing for some employees will depend on negotiations with unions. The bump will benefit a wide variety of employees, including ramp agents, cargo handlers and call center representatives

Pay scales vary by function and by union agreements, but the raise will lift wages by an average of $1.30 per hour. For some workers at the lower end of their pay scales, that could equate to a boost of 3 to 10 percent, the airline said.

Southwest employs over 56,000 people, meaning its compensation increase will immediately affect around 12-13% of its workforce.

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READ THE PRESS RELEASE

CompXL is now part of the Salary.com family!

Together, we're redefining the future of compensation management.

Schedule a demo on the Salary.com website!


REQUEST A DEMO
READ THE PRESS RELEASE

CompXL is now part of the Salary.com family!

Together, we're redefining the future of compensation management.

Schedule a demo on the Salary.com website!


REQUEST A DEMO
READ THE PRESS RELEASE