Historically, raising wages good for governments

Historically, raising wages good for governments

June 29, 20171 min read
Featuring:

Atlanta recently raised its minimum wage for city workers. While some balk at the move, one expert says it can lead to a better status quo. "It has served municipalities well to set higher minimum wage rates," says Emory's Tom Smith. "Workers show higher productivity and considerably lower turn-over. Turn-over is one of the largest employment costs across public and private employment!"


Source:



Connect with:
  • Thomas Smith
    Thomas Smith Professor in the Practice of Finance; Academic Director, Master of Analytical Finance

You might also like...