Walmart To Pay For Wage Increase With Cut In Workers’ Hours
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When Walmart–which just happens to be the largest single employer in the United States–announced a few months ago that it would be raising the wages of some workers, it was indeed big, and unexpected news.
The increase will mean the minimum hourly wage paid to new employees will be $9 an hour, with an increase to $10 an hour in April of 2016. Walmart has estimated that the salary increases will cost the company over a billion dollars a year.
But now we discover exactly how Walmart plans to pay for the increased pay for its workers: A spokesperson told Bloomberg that the company has instructed managers to cut hours only when staff has been “overscheduled.”….READ MORE at LiberalAmerica
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D.B. Hirsch is a political activist, news junkie, and retired ad copy writer and spin doctor. He lives in Brooklyn, New York.