Walmart is raising wages. The country’s largest private retailer says it’s doing so in order to stay in compliance with 21 states raising their minimum wages in the new year. But, while it might seem counter-intuitive, paying higher wages could mean a better bottom line, not just for workers, but also for Walmart.
Click the media player above to hear more.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?