Do better-paid workers equal better business?
Clip: 5/14/2015 | 6m 55s
Do better-paid workers equal better business?
Recently, insurance company Aetna voluntarily upped its minimum wage to $16 per hour, giving roughly 6,000 of its lowest-paid employees an average raise of 11 percent. Next year, the company also plans to offer lower-cost benefits to some workers. What’s behind the wage hike? Economics correspondent Paul Solman talks to Aetna's CEO about the investment.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Do better-paid workers equal better business?
Clip: 5/14/2015 | 6m 55s
Recently, insurance company Aetna voluntarily upped its minimum wage to $16 per hour, giving roughly 6,000 of its lowest-paid employees an average raise of 11 percent. Next year, the company also plans to offer lower-cost benefits to some workers. What’s behind the wage hike? Economics correspondent Paul Solman talks to Aetna's CEO about the investment.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...