Browsing: Wal-Mart

Following Wal-Mart’s decision to raise its starting wage from $7.25 to $9, Baylor economist Dr. Charles North, associate professor of economics, said the company may have acted to improve customer perceptions of the company, in addition to benefitting associates. Executives of Wal-Mart Stores Inc. announced last month the company’s plans to implement a $9 minimum wage and allow flexibility in scheduling to promote a higher quality of life for associates, according to Doug McMillon, the company’s president and CEO.