No Surprise: Higher Pay Helps Attract, Retain Employees

by Mark Friedman  on Monday, Oct. 24, 2016 12:00 am   4 min read

Wal-Mart began paying its workers at least $9 an hour last year.

All industries, from health care to manufacturing, have faced a shortage of workers. Kathy Deck, director of the Center for Business & Economic Research at the Sam M. Walton School of Business at the University of Arkansas, says increasing pay would be the first action she would suggest when companies can't find the right workers to fill positions.

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