Huffington Post: Why Corporate America Is Finally Raising Wages
By Alexander Kaufman
Huffington Post, April 2, 2015
Some of the country’s biggest employers are finally raising wages amid mounting pressure from protesters and a hardier job market.
McDonald’s on Wednesday became the latest major company to give workers -- albeit a fraction of its total workforce -- a pay bump that will lift average hourly pay to $9.90 from $9.01. The move, which will go into effect on July 1, follows a similar change made in February by Walmart, the nation’s largest private employer.