Katie O'Brien
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Katie O'Brien in Senior Content Editor,

Dollar General Increases Labor Costs

Dollar General (NYSE: DG) announced recently it will be spending more money on labor, according to The Wall Street Journal. In addition to higher wages, employees will also be eligible to pick up more hours.

“It’s fair to say the labor market is conceivably tightening up,” Chief Executive Richard Dreiling said, according to The Wall Street Journal.

As of right now, all full-time Dollar General employees are paid higher than the Federal minimum wage of $7.25 per hour, The Wall Street Journal reported. Further, part-time employees that work at a location for at least five months are eligible for a raise of at least $9 per hour.

“In terms of what we’re paying, we feel pretty comfortable,” Dreiling said, according to The Wall Street Journal. “We’re going to continue to monitor the landscape and we’ll assess or make any adjustments that we need to make.”