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Aug 8, 2006

Starting pay rate hikes at Wal-Mart

According to Bloomberg.com, " The world's largest retailer said it also will boost performance-based pay. Minimum starting pay will rise an average of 6 percent at 1,200 stores, spokesman John Simley said today. Wal-Mart pays full-time employees an average of $10.11 an hour, compared with $17 at Costco Wholesale Corp., the largest U.S. warehouse-club retailer.".

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