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The dark side of pay raises

A few weeks ago there were well-publicized reports of the planned and implemented increase to Wal-Mart’s minimum starting pay rate having a very negative effect in the workplace.

 

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Is there any value in a Master of Business Administration degree?

There has been some discussion around the web lately as to what the real value of a Master of Business Administration is: one Wall Street Journal author told the story of a 36-year-old University of Louisville MBA grad Steve Vonderweidt who is still working as an administrator at a social services agency, almost a year after graduating. With over $75,000 in student-loan debt and facing stiff competition from the highest number of fellow grads ever, Vonderweidt questioned whether the Master’s program was really worth it.

 

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