Wal-Mart pay raises : Corporate cash pill transfer to wages is starting! Good for Discretionary Consumption and good for USA

Wal-Mart Stores Inc. said Thursday that it was increasing entry wages for its U.S employees to at least $9 an hour, $1.75 above the federal minimum wage, starting in April.
The company announced a package of changes to the company’s hiring, training, compensation and scheduling programs, as well as to store management structure, in the U.S.
One of the immediate changes is a raise in starting pay, with entry wages for current employees increasing to at least $9 an hour this spring. Also, all current associates will be paid at least $10 an hour by February 2016, the company said.
The Philly FED was not good and the FED will stay dovish for a long time.

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