Shares of Wal-Mart have taken a dive today after Wal-Mart announced plans to raise base wages for its employees. As the single largest employer in the US, Wal-Mart frequently receives flak for providing as little as legally required to employees for their service. While hoping to garner favor for this increase, in truth the favorable employment climate in the US means that dissatisfied employees have a decent chance of finding alternative, better-paying work if they are dissatisfied. Wal-Mart prices have hit a low of 83.50 so far today, and are currently 2.54% lower than their open.
February 19, 2015 – Stock Market News
Shares of Wal-Mart have taken a dive today after Wal-Mart announced plans to raise base wages for its employees. As the single largest employer in the US, Wal-Mart frequently receives flak for providing as little as legally required to employees for their service. While hoping to garner favor for this increase, in truth the favorable employment climate in the US means that dissatisfied employees have a decent chance of finding alternative, better-paying work if they are dissatisfied. Wal-Mart prices have hit a low of 83.50 so far today, and are currently 2.54% lower than their open.
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