Wal-Mart Cries, Workers Rejoice, as Chicago orders retailers to hike pay

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Wal-Mart Cries, Workers Rejoice, as Chicago orders retailers to hike pay

07-28-2006, 09:26 AM,

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mandy Offline

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Wal-Mart Cries, Workers Rejoice, as Chicago orders retailers to hike pay

Quote:The City Council brushed aside warnings from Wal-Mart to approve an ordinance that makes Chicago the biggest city in the nation to require big-box retailers to pay a "living wage."

The ordinance, which passed 35-14 Wednesday after three hours of impassioned debate, requires mega-retailers to pay wages of at least US$10 an hour plus $3 in fringe benefits by mid-2010. It would only apply to companies with more than $1 billion in annual sales and stores of at least 90,000 square feet...

The minimum wage in Illinois is $6.50 an hour and the federal minimum is $5.15...

full article: http://www.ecommercetimes.com/story/ekZ8...ages.xhtml

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