Walmart Promises $10 Minimum Wage by 2016

Walmart is raising starting wages for more than 100,000 U.S. department managers and workers in its deli and other specialized departments.

The moves mark the next wave of wage hikes by the nation’s largest private employer, which has been under pressure from labor-backed groups for the treatment of its workers. In February, it announced it was increasing minimum wages for entry-level […]

Emeryville Votes for The Highest Minimum Wage in The Country

The Emeryville City Council voted Tuesday night to raise the city’s minimum wage to nearly $16 per hour by 2019, the highest specified level in the country. The vote came despite concerns from some small business owners that they won’t be able to compete with neighboring businesses in other cities.

The ordinance will go into effect on July 1 when small […]

What If Walmart Raised Its Minimum Wage To $70,000 A Year?

Could Walmart afford it?

Well, the company took in $482.2 billion last year in revenue, of which its U.S. operations made up $288.1 billion. It had a profit of $16.18 billion, returned $7.2 billion to shareholders, and paid CEO Doug McMillon $25.6 million. So raising everybody’s salaries that much would definitely leave it without enough cash to cover expenses. Raising everybody […]