How off the wire is news of a change in the WM pay policy:
NEW YORK (Reuters) - Wal-Mart Stores Inc. is preparing to introduce significant changes to its pay system that could mean raises for new workers but penalties for higher-paid veterans, according to published reports.Wendy Zellner, writing in BusinessWeek has incredibly more detail.At its annual shareholders meeting Friday, the world's biggest retailer is expected to unveil a new compensation policy for hourly workers that is expected to tie pay more closely to job responsibilities, the Wall Street Journal reported.
Posted by Kevin on June, 4 2004 at 08:48 AM