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The real reason Walmart raised its minimum wage [MSN Money]

MICROSOFT (MSFT)  More Company Research Source: MSN Money
Last microsoft earnings: 4/26 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
PDF Replay Video UP NEXT 1 Cancel SETTINGS OFF HD HQ SD LO Wal-Mart to Increase Starting Wages to $11 What to watch next UP NEXT The opinions in this article are the author's, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft. Quotes in the article “Walmart workers” used to be a handy synonym for “low-paid.” But over the past few years, the company has steadily raised the wage it offers its lowest-paid employees, and it has now announced that base pay will go up again, to $11 an hour. If you are one of the majority of people who do not work at Walmart, why should you care about this? Other than the possibility that this will slightly raise the outrageously low prices you pay for goods there? Actually, there are a lot of reasons to care. The first is that this tells us interesting things about what’s go [Read more]

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