When Ikea raises its minimum wage, where does the money come from?
When Ikea raises its minimum wage, where does the money come from?
- July 11, 2014
- David Neumark, economics Chancellor's Professor, is featured on NPR – The Morning Edition, WVPE 88.1, WNYC and Opb.com July 11, 2014
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From NPR:
David Neumark, a University of California, Irvine economist who is not a fan of minimum
wage laws, said this strategy might work. Higher wages make it easier to hire better
workers who are less likely to leave and probably a bit happier. But Neumark isn't
sure all companies would be better off if they followed Ikea's lead and raised their
lowest wages.
Full transcript unavailable. Audio link available at http://www.npr.org/blogs/money/2014/07/11/329586422/when-ikea-raises-its....
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