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Why Walmart Giving Their Workers Raises Is Smart Business

This month, the Associated Press reported that Walmart will spend $1 billion on raises and training for its lowest-paid employees. Workers will now earn, at the very minimum, $9-an-hour, and then get $10-an-hour if they stick around for six-months. The decision comes after a wave of protests about the wages Walmart and other retail giants pay their employees and the benefits – or, perhaps more accurately, the lack thereof – they offer. So the move will unquestionably give them some good PR, at the very least. But is it a good business move? Does paying employees more for jobs that require no experience and are easily …Read more »

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