Is Walmart going to set the new federal minimum wage target? From what the company's CEO, Doug McMillon, told CBS's Charlie Rose, Walmart is prepared to do just that.
Walmart's had well-publicized run-ins with its employees over wages and working conditions. In the run-up to Black Friday, workers organized strikes and sit-ins that led to arrests in Los Angeles. Once again this year, Walmart failed to make Glassdoor's Top 50 Best Places to Work list.
It could be that McMillon is tired of taking the heat over a few bucks an hour.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
