Please ensure Javascript is enabled for purposes of website accessibility

Kroger Boosts Store Workers' Hourly Pay By $2 Amid Pandemic

By Demitri Kalogeropoulos – Apr 1, 2020 at 10:50AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The supermarket chain describes it as a gesture of thanks to employees working under unprecedented conditions.

Supermarket employees are working under extreme conditions as the COVID-19 pandemic spreads,  and Kroger (KR 0.08%) is rewarding its employees for helping keep Americans supplied with the necessities of life during the crisis.

The nation's biggest supermarket operator said on Tuesday evening that it will increase by $2 an hour the pay of its store clerks, baggers, and other workers who are keeping its operations humming through an unprecedented demand spike. That's in addition to a one-time bonus for front-line workers that it previously announced.

An employee restocks fresh produce.

Image source: Getty Images.

The higher pay rates will apply to hours worked from March 29 through April 18. "Our associates have displayed the true actions of a hero," CEO Rodney McMullen said in a press release, "working tirelessly to ensure everyone has access to affordable, fresh food and essentials during this national emergency."

Kroger's sales volumes have soared since mid-March, when state and local governments across the country started recommending people stay at home as much as possible, and a large share of the nation's restaurants began limiting service to take-out and delivery, or temporarily closed their doors.

The chain has had to balance its role as a provider of essential consumer staples with its obligation to protect employees and shoppers from exposure to the coronavirus. Among the safety measures it has introduced are enhanced cleaning and sanitization procedures, installing plexiglass partitions at registers to separate cashiers from customers, and reducing store hours to give employees time to clean them more thoroughly, and also to give its staff more downtime.

Demitrios Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Kroger Stock Quote
$44.73 (0.08%) $0.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 10/05/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.