Pujonomics.

You raise me up…

Image courtesy of nongpimmy/FreeDigitalPhotos.net Image courtesy of             nongpimmy/FreeDigitalPhotos.net

It’s a good day to be a Walmart employee. No, seriously. It is. The gargantuan retailer just announced it’ll be raising the salaries of some 500,000 of its hardworking employees raising to about $1.75 more than the Federal minimum wage. Full-time employees will go from an average of $12.85 an hour to about $13 per hour. Part-timers will see their paychecks go up to $10 per hour from the average $9.50 they make now. The pay-raise fun begins in April and CEO Doug McMillon says it’s all part of a master plan to improve customer service, employee morale, etc. Those are all nice and pleasant things, of course, but no doubt Walmart is really hoping it will also lead to higher sales and profit. Walmart figures higher pay will help attract and retain employees that know the…

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