This is the way government works. It meddles in businesses to achieve social goals, but someone always has to pay. In this case, according to a Wahington Times article, Wal-mart has to meet minimum wage hikes in its stores in 21 states. And the result is that some of the higher paid hourly workers will get less.
Here's the link to Wal-Mart’s higher-skilled employees pinched to ‘absorb’ cost of minimum wage hikes. Excerpt:
Wal-Mart Stores Inc. will raise its base salaries at 1,434 stores to comply with minimum wage hikes that will go into effect in 21 states beginning Jan. 1, 2015.
The new laws have prompted Wal-Mart to adjust the minimum premium paid to its higher-skilled employees and combine its lowest three pay grades, Reuters reported Wednesday.
“Essentially that wage compression at the upper level of the hourly associate is going to help absorb that cost of the wage increase at the lower level,” a Wal-Mart manager told Reuters on condition of anonymity.
So a person who works hard, develops retail skills, and does a good job would ordinarily expect to get paid more. But along comes the government to invoke the from each according to his ability -- to each according to his needs Marxist method of wealth distribution. Except the "need" is an artificial construct of government feel-goodism.
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