Ikea Raises Hourly Pay For US Retail Workers
Ikea’s U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition. The 17 percent average raise, expected to be announced Thursday, is the Swedish ready-to-assemble furniture chain’s biggest in 10 years in the U.S. The pay increase will take effect Jan. 1.
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