We talked about Walmart in my strategy class last week. During the discussion, a student told me about a sign he had seen recently in the entrance to a Walmart store here in Colorado. I asked him to take a photo of the sign the next time he saw it and he sent me this:
I think it is fascinating that Walmart would post this information. It is even more interesting that they post it without any explanation as to why they did it or any comparison data to reference it against (e.g., industry average pay levels).
To provide a bit of a benchmark, the minimum wage in Colorado in 2013 is $7.78 per hour (above the federal minimum wage of $7.25 per hour).
Have a good weekend.
David
David Chandler & Bill Werther
