American workers are working harder for less, with productivity
rising but living standards stagnant or declining. At the same time,
stock market wealth and incomes for the highest-paid Americans have
risen. Against this backdrop, the pay practices of the nation’s largest
private employer have come under increased scrutiny.
Walmart,
with over 1.3 million U.S. employees and $17 billion in annual profits,
sets standards for all other retailers and across the supply chain of
one of the nation’s fastest growing industries.
In
the last year, Walmart employees themselves have been increasingly
vocal in protesting their low pay. Since the last holiday season,
Walmart employees in stores throughout the country have repeatedly
spoken out in pursuit of a modest wage goal: the equivalent of $25,000 a
year in wages for a full-time employee.
Now
as another holiday season approaches, this research brief considers one
way Walmart could meet the wage target its employees are calling
for—without raising prices.http://www.demos.org/walmart-can-give-its-low-wage-workforce-raise
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