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!"
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Thomas Smith Professor in the Practice of Finance; Academic Director, Master of Analytical Finance
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Emory University, Goizueta Business School