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Inside Gap's new $10 wage: Stores to pay more as retail jobs get high tech

from Forbes

Gap Inc. recently stunned retail watchers and the general public alike by announcing a salary hike for employees across their five store chains. By 2015, the minimum hourly wage for all sales associates will be $10. For now, Gap is ahead of the pack — but its move puts pressure on high-profile retailers like Wal-Mart, who appeared to be mulling a wage increase of their own in the days following the San Francisco clothier's announcement but later denied those reports. more


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