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Ikea Will Raise U.S. Minimum Wage to $11.87 to Retain Workforce

Published June 24, 2015 ■ Headline News

Bloomberg (06/24/15) Claire Boston

Ikea Group plans to increase its U.S. hourly minimum wage by 10% to $11.87, effective Jan. 1. The retailer hopes the increase will keep employees from moving to other merchants that have recently increased pay.

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