Swedish furniture giant Ikea is wading into the contentious American minimum wage debate by raising pay in its U.S. stores.
Ikea US will boost the average minimum hourly wage across its 38 retail locations to $10.76 beginning Jan. 1, 2015. That’s a 17 percent bump from its current $9.17-an-hour starting wage, and $3.51 above the federal minimum.
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