Walmart CEO Doug McMillon did an interview with Axios in which he talked about the company's temporary $2 entry wage increase.
- KC's View:
Not just at Walmart, but in the entire industry, I think it would be a very bad look when they start rolling back wages that were hiked during the pandemic. And so I'm glad that McMillon is talking about post-pandemic wages the way he is.
Workers are essentially going to be told that they are a little less essential to the success of the business than they were before? I'm not sure that this is a sustainable argument.
I repeat: I think that the essential nature of employees cannot be thought of as ephemeral, at least not if businesses want their workers to feel invested in their mission, as opposed to just cogs in the machine.