Wal-Mart announced that it is increasing wages to just over $10 an hour for all employees. This
Question:
Wal-Mart announced that it is increasing wages to just over $10 an hour for all employees. This wage is now substantially higher than the federal minimum wage but still below the $15 an hour rate recommended by many labor activist groups.
Review the following information on the recent wage changes: •in letter to associates, Wal-Mart CEO Doug McMillan announces higher pay
What you should know about Wal-Mart’s raise
Wal-Mart lifts its wage floor to $9 an hour in a paper, respond to the following questions:
1. Do you think Wal-Mart raised wages because of supply and demand in the labor market or because of the pressure of labor activist organizations? Explain your reasoning.
2. Do you think Wal-Mart should raise wages to $15/hour to match what labor activists are calling for? Why or why not?
3. Should the government raise the minimum wage and if so, to what level?
Business Research Methods
ISBN: 978-0073521503
12th edition
Authors: Donald R. Cooper, Pamela S. Schindler