U.S. minimum wage hikes to affect 1,400-plus Walmart - TopicsExpress



          

U.S. minimum wage hikes to affect 1,400-plus Walmart stores (Reuters) - CHICAGO Wed Dec 24, 2014 10:20am EST- Minimum wage increases across the United States will prompt Wal-Mart Stores Inc (WMT.N) to adjust base salaries at 1,434 stores, impacting about a third of its U.S. locations, according to an internal memo reviewed by Reuters. The memo, which was sent to store managers earlier this month, offers insight into the impact of minimum wage hikes in 21 states due to come into effect on or around Jan. 1, 2015. These are adjustments that Wal-Mart and other employers have to make each year, but growing attention to the issue has expanded the scope of the change. Thirteen U.S. states lifted the minimum wage in 2014, up from 10 in 2013 and 8 in 2012. Wal-Mart spokeswoman Brooke Buchanan said the company was making the changes to ensure our stores in the 21 states comply with the law. Read more: ufcw8.us/1tdMkTX
Posted on: Sat, 27 Dec 2014 16:40:00 +0000

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