Wal-Mart Jumps on the Minimum Wage Bandwagon

Wal-Mart Stores Inc. announced today that it will be raising the wage floor on its U.S. employees to $10 an hour by Feb. 1, 2016, and as a steppingstone to $9 an hour by mid-year. “These changes will give our U.S. associates the opportunity to earn higher pay and...

Aetna to Institute $16-an-Hour Wage Floor

Some 5,700 employees of Aetna Inc., the health insurance provider, will see their wages rise to $16 an hour as the company prepares to become “a much more consumer-oriented business” with “a better and more informed work force,” according to...