Wal-Mart's New CEO Just Made His Most Radical Move Yet
Wal-Mart's wage hike looks like good business and good branding
Wal-Mart Boosting Wages for 500,000 U.S. Workers
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Wal-Mart Stores' Doug McMillon, a home-grown chief executive who got his start as a store employee, has made his most radical change yet at the world's biggest retailer.
He's raising wages for 500,000 employees—both full-time and part-time. They'll get at least $9 an hour starting this April, and at least $10 an hour starting next February. Wal-Mart is also responding to labor critics by telling employees they'll have their schedules at least 2½ weeks in advance, and some workers will get fixed shifts.