The Ratings Game: Walmart is reportedly lowering pay for some new hires. Do employers have the upper hand now?

by | Sep 7, 2023 | Stock Market

In 2021, many businesses began offering higher pay in an effort to attract staff, as the pandemic upended the job market. But two years later, the nation’s biggest private-sector employer, Walmart Inc. WMT, is reportedly making changes that have led to lower starting pay for some workers — a sign some Wall Street analysts said marked a bigger advantage for businesses, even as labor groups still demand better pay and protections. The…

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