Posted by & filed under Change, Compensation & Benefits, Human Resource Management, Management.

Description: With support from CEO Doug McMillon, Wal-Mart has initiated a pay increase for its employees. Wal-Mart intends to spend $1 billion to support this pay increase, which will include increasing hourly pay to at least $9 by April and $10 by next February.

Source: Business News Network

Date: February 20, 2015

Link: http://www.bnn.ca/News/2015/2/20/How-Wal-Marts-CEO-came-to-support-a-1-Billion-pay-increase.aspx

Questions for Discussion:

  1. Wal-Mart has traditionally been poor in supporting pay increases; why has Wal-Mart decided now to increase salaries so substantially?
  2. How will this substantial salary increase benefit Wal-Mart?

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