From NPR:
David Neumark, a University of California, Irvine economist who is not a fan of minimum wage laws, said this strategy might work. Higher wages make it easier to hire better workers who are less likely to leave and probably a bit happier. But Neumark isn't sure all companies would be better off if they followed Ikea's lead and raised their lowest wages.

Full transcript unavailable. Audio link available at http://www.npr.org/blogs/money/2014/07/11/329586422/when-ikea-raises-its....
 

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