{"id":392,"date":"2015-02-20T03:18:30","date_gmt":"2015-02-20T11:18:30","guid":{"rendered":"http:\/\/re-tales.net\/?p=392"},"modified":"2015-02-19T20:19:17","modified_gmt":"2015-02-20T04:19:17","slug":"save-more-now-they-pay-more","status":"publish","type":"post","link":"http:\/\/re-tales.net\/?p=392","title":{"rendered":"Save More, Now They Pay More"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/www.utahpeoplespost.com\/wp-content\/uploads\/2014\/11\/Black-Friday-Also-Brings-Protests-at-Walmart-Doorsteps.jpg\" alt=\"\" width=\"298\" height=\"224\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>So the big news yesterday is that Walmart will be raising wages for over 500,000 employees. \u00a0They will be hiked up to $9.00 an hour, which doesn&#8217;t make a difference in California, where that&#8217;s the minimum wage, but other states are as low as $7.25 so those employees will be seeing quite a jump.<\/p>\n<p>Only Walmart knows if they made the change to reduce turnover and attract better workers or if it was just from all the pressure they have been receiving of late but regardless it&#8217;s a step in the right direction. \u00a0It will cost them a BILLION dollars this year. \u00a0 That&#8217;s a pretty penny and it remains to be seen how they will recoup those dollars (higher prices, anyone?)<\/p>\n<p>There are a lot of companies out there starting at exactly minimum wage (I work for one&#8230;) so it will be interesting to see if this makes other companies raise their starting wages as well. \u00a0With the current job market there will be even more competition for workers now. \u00a0It will be tough to hear a prospective applicant say &#8220;I&#8217;m not taking your job, because I can make more at Walmart.&#8221;<\/p>\n<p><iframe loading=\"lazy\" title=\"Business News: Walmart to raise wages for employees\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/8wfa9L7yZjI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>You can read more about it <a href=\"http:\/\/money.cnn.com\/2015\/02\/19\/news\/companies\/walmart-wages\/\" target=\"_blank\">here<\/a>, <a href=\"http:\/\/www.nytimes.com\/2015\/02\/20\/upshot\/as-walmart-gives-raises-other-employers-may-have-to-go-above-minimum-wage.html\" target=\"_blank\">here<\/a>, and <a href=\"http:\/\/blog.walmart.com\/in-letter-to-associates-walmart-ceo-doug-mcmillon-announces-higher-pay\" target=\"_blank\">here.\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; So the big news yesterday is that Walmart will be raising wages for over 500,000 employees. \u00a0They will be hiked up to $9.00 an hour, which doesn&#8217;t make a difference in California, where that&#8217;s the minimum wage, but other states are as low as $7.25 so those employees will be seeing quite a jump. <a class=\"read-more\" href=\"http:\/\/re-tales.net\/?p=392\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,9,1],"tags":[],"class_list":["post-392","post","type-post","status-publish","format-standard","hentry","category-retail-companies","category-retail-employees","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts\/392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=392"}],"version-history":[{"count":5,"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts\/392\/revisions"}],"predecessor-version":[{"id":397,"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts\/392\/revisions\/397"}],"wp:attachment":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=392"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}