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Chapwood Investments

Chapwood Investments

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Entry-Level WalMart Employees Will Now Receive $9 An Hour

A wage war could be brewing between some of the nation’s largest retailers. Less than a week after Walmart announced that it was raising its minimum wage, the parent company of TJ Maxx stated it would raise its starting minimum wages too. Many hourly workers will receive $9 an hour, and while that may be good news for workers in big money companies could small business compete with the higher wages? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, discusses how companies like Walmart are aiming for the $15 an hour mark how can small business compete with these kinds of wages.

Related articles across the web

  • TJ Maxx Copycats Walmart with Wage Hikes
  • TJX says it will boost worker pay as its profit rises
  • Wal-Mart Pay Increase Decision Having Ripple Effect In Various Markets

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We are not your typical investment firm. We provide expert financial advice to both individuals and businesses.

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Chapwood Investments

4965 Preston Park Boulevard, Suite 100
Plano, TX 75093
(972) 865-2225
Ed@ChapwoodInvestments.com

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Chapwood Investments, is an Investment Advisor registered with the U.S. Securities and Exchange Commission. Registration with the SEC does not imply a certain level of skill or training. Copyright © 2021 · All rights reserved.
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