Do better-paid workers equal better business?
May 14, 2015
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6:56Now PlayingDo better-paid workers equal better business?
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as posted by the channelRecently, 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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